Jacques Vert implements new strategiesFriday, 25 May 2012
The womenswear retail group, Jacques Vert, which manages
over a thousand outlets in the UK, Canada and Ireland, says it has reduced costs, minimised discounting and improved stock management after implementing new merchandise planning and supply chain software.
The new solution from Retail Assist and Maple Lake provides a 'fully integrated single version of the truth’ and has improved the user experience by accelerating decision-making for buying and merchandising. The management of discounts has been enhanced, allowing the Jacques Vert Group to sell product at the optimum price and increase throughput of stock. The Jacques Vert Group now benefits from real-time stock updates every 15 minutes, improving order fulfilment.
John Bovill, Jacques Vert Group Commercial Director said, “Fashion changes in rapid and unpredictable ways and the connectedness of consumers to media and technology has resulted in a need for instant availability. It was critical for us to gain clear stock management in order to react and plan more efficiently and quickly,”
Retail Assist’s Nigel Illingworth explains: “A centralised stock pool ensures that less product is automatically allocated out to stores, meaning it’s sent to the right places for replenishment. Terminal stock has reduced, improving margin.”