Vanguard Software

AUGUST 9, 2019

Senior Gartner Analyst, Micheal Youssef, challenges supply chain planning teams to recognize the need for aggregated forecasts to improve long-range accuracy.

Forecasting 51

Forecasting Apparel Gartner How To 51

Supply Chain Shaman

MARCH 21, 2023

Note that in Figure 1, retail home improvements days of inventory increased 68 days, contract manufacturing days increased 48 days, retail apparel by 28 days, and containers and packaging manufacturing companies by 14 days. When I work with clients, nine out of ten, have a negative Forecast Value Added (FVA).

Inventory Reduction 394

Inventory Reduction Inventory Price Reduction Cost Reduction Strategies 394

Kinaxis

MARCH 20, 2019

In adidas’s recent earnings call, CEO Kasper Rorsted warned that adidas would miss its 2019 growth target because its supply chain was unable to meet the huge demand for its mid-priced apparel, especially in North America. If so, for a mid-priced range of apparel, is brand image worth lost sales, lowered growth and possible market share loss?

Apparel 193

Apparel Inventory North America Demand Planning Software 193

Logility

JULY 5, 2023

Here are 3 examples: Enhanced Demand Forecasting Accurate demand forecasting is the cornerstone of effective supply chain planning. By employing deep learning techniques, generative AI models can recognize patterns and correlations that may elude traditional forecasting methods.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Planning Modeling Scenario Planning 191

Supply Chain Shaman

DECEMBER 28, 2020

Starting with apparel, let’s compare the two top performers –Nike and VF Corporation. The SAS forecasting system implemented in 2019 was not tested for model accuracy. An example for this client would be to use 2017 and 2018 history to forecast 2019. So, I asked the questions, “Is your data forecastable?

Supply Chain Planning Software 415

Supply Chain Planning Software Forecasting Forecasting Software Modeling 415

ToolsGroup

SEPTEMBER 19, 2023

A&F Co.) , a leading omnichannel specialty retailer of apparel and accessories, are excited to announce an exclusive discussion highlighting A&F Co.’s NYSE: ANF) is a leading, global, omnichannel specialty retailer of apparel and accessories for men, women and kids through five renowned brands. Bulgari, and Clas Ohlson.

ToolsGroup 156

ToolsGroup Supply Chain Planning Software Supply Chain Planning Scenario Planning 156

Vanguard Software

JULY 17, 2019

Forecast errors can haunt planners years into the future, when even small discrepancies between forecasts and actuals can cost companies significant amounts.

Forecasting 61

Forecasting Company Apparel Retail 61

Logility

JULY 31, 2013

The apparel industry uniquely combines the characteristics of make-to-stock manufacturing with consumer-driven fashion volatility which can lead to a forecasting nightmare. Speaking with several supply chain executives in the apparel industry, attribute-based SKU-level forecasting is not just difficult; it is often impossible.

Apparel 101

Apparel Manufacturing Forecasting Supply and Demand 101

ToolsGroup

AUGUST 16, 2022

BOSTON – August 17, 2022 — ToolsGroup , a global leader in AI-driven retail and supply chain planning and optimization software, has been selected by Entertainment Retail Enterprises (ERE) , a leader in the design, manufacture, and distribution of customized retail products including apparel, accessories, and home goods.

ToolsGroup 120

ToolsGroup Agile and Lean Supply Chain Optimal Sourcing Supply Chain Design Software 120

NC State SCRC

DECEMBER 15, 2022

Indeed, in the case of Amazon, the WSJ reports that Amazon promised to help guard Gilimex against business downturns by giving it advance notice of changes in Amazon’s demand forecast and by scaling down purchasing gradually in case of a downturn so the manufacturer could gradually ramp down production. What happened? Mistakes happen.

Forecasting 52

Forecasting Forecasting Software Inventory Reduction Manufacturing Procurement 52

Logistics Viewpoints

JANUARY 22, 2024

But electronics; industrial and manufactured; and apparel, footwear, and textiles make up the bulk of products detained. In the case of Vietnam, it was more likely that Vietnamese companies were making apparel with cotton grown or processed into fabric in Xinjiang. The value of the shipments detained was over half a billion dollars.

Supply Chain Optimization 233

Supply Chain Optimization Modeling Supply Chain Software Optimization Software 233

BlueYonder

JUNE 11, 2020

While the COVID-19 global pandemic is unprecedented, it has only exacerbated an already unpredictable demand environment for apparel retailers. Current events have dramatically revealed the weaknesses in retailers’ forecasting, planning and execution models. These events have also emphasized the need for a new way of doing business.

Apparel 45

Apparel Supply Chain Planning Software Supply Chain Planning Retail 45

BlueYonder

MAY 11, 2017

Each year, Apparel Magazine acknowledges apparel retailers, brands, and manufacturers that demonstrate innovation in the apparel supply chain. JDA is proud to recognize that PVH has been named one of Apparel Magazine’s 10 th annual Top Innovator Award winners. PVH) is a U.S.-based

Apparel 0

Apparel Inventory Reduction Innovation Supply Chain Planning Software 0

Supply Chain Brain

AUGUST 17, 2022

Harsh weather patterns soon may be reaching into apparel supply chains. Southwestern cotton growers are abandoning millions of parched acres that they planted in the spring, reports The Wall Street Journal, sending prices sharply higher on forecasts for the weakest U.S. harvest in more than a decade.

Forecasting 93

Forecasting Apparel Journal Report 93

ToolsGroup

SEPTEMBER 29, 2022

Key findings include: Across sectors such as specialty apparel, mass merchants, department stores, home décor, electronics, and home improvement, the percentage of consumers decreasing trust in retailers to be in stock ranges from 28-36%. The survey report: How Retailers Win Customer Loyalty in an Omnichannel World tracks the change in U.S.

ToolsGroup 156

ToolsGroup Optimal Sourcing Study Groups 156

Logility

JANUARY 5, 2012

We work with a lot of branded and private label apparel manufacturers and brand owners, and it’s clear there is a misperception about supply chain complexity in these industries. On the market side, it is extremely difficult to forecast changing fashions and fickle consumer tastes.

Apparel 100

Apparel Modeling Video Optimal Sourcing 100

Logility

JANUARY 5, 2012

We work with a lot of branded and private label apparel manufacturers and brand owners, and it’s clear there is a misperception about supply chain complexity in these industries. On the market side, it is extremely difficult to forecast changing fashions and fickle consumer tastes.

Apparel 100

Apparel Modeling Video Optimal Sourcing 100

Logility

JANUARY 5, 2012

We work with a lot of branded and private label apparel manufacturers and brand owners, and it’s clear there is a misperception about supply chain complexity in these industries. On the market side, it is extremely difficult to forecast changing fashions and fickle consumer tastes.

Apparel 100

Apparel Modeling Video Optimal Sourcing 100

ToolsGroup

OCTOBER 12, 2021

Since demand forecasting for fashion is tough to do based solely on “sensed” data without a sales history, firms can also identify merchandise from previous collections and sales patterns with similar attributes. Traditional demand planning will forecast safety buffers based on normal demand patterns.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Optimal Sourcing 156

Logility

AUGUST 4, 2022

Burt Flickinger, managing director for Strategic Resource Group, told CBS News he’d seen the biggest discounts across “consumer electronics, sporting goods, apparel, clothes, and accessories.”. Nonetheless, there are deep discounts in stores across the U.S. Big Box Blues.

Price Reduction 130

Price Reduction Inventory Reduction Analysis Resource Reduction 130

Supply Chain Shaman

JUNE 21, 2023

As a result, the analysis overstates company performance in process industries like pharmaceuticals and understates the results of heavy discrete contributions in airspace and defense, apparel, diversified manufacturing, trucks and heavy equipment, and retail.

Gartner 360

Gartner Supply Chain Planning Software Supply Chain Design Software Supply Chain Planning 360

Logility

MAY 26, 2022

Real-Time Insight and the Right Digital Platform Means More Accurate Forecasts. Current volatility takes its toll, creating excess inventory, which creates a financial risk, leading to waste in many industries, particularly food and beverage, and fashion and apparel. Conventional statistical forecasting models are no longer accurate.

Demand Planning Software 173

Demand Planning Software Supply and Demand Modeling Supply Chain Planning Software 173

Logistics Viewpoints

SEPTEMBER 20, 2022

In this version, there’s no automation around managing promotions, so demand planners need to get involved in adjusting the forecasts for promotions. In parallel, the platform is launched with a smaller planning team and without demand planners reviewing forecasts. Yosun holds B.S.

Supply Chain Planning Software 194

Supply Chain Planning Software Agile and Lean Supply Chain Supply Chain Planning Forecasting Software 194

Supply Chain Matters

DECEMBER 28, 2023

As a point of reference, in September, Mastercard had forecasted an anticipated 3.7 In early November, Supply Chain Matter’s highlighted the National Retail Federation’s (NRF) forecast of expected holiday spending to be in the range of a pre-pandemic level of between 3 percent and 4 percent over 2022 levels.

Forecasting 52

Forecasting Apparel Inventory Reduction Journal 52

Supply Chain Shaman

OCTOBER 8, 2019

The budget is not sufficient and is often a detrimental input for supply chain forecasting. Why Is the Financial Forecast Not a Good Proxy for a Supply Chain Forecast? There are many reasons why the budget cannot be used as a supply chain forecast. The supply chain forecast is a rolling forecast.

Supply Chain Design Software 186

Supply Chain Design Software Inventory Reduction Supply Chain Planning Software Forecasting 186

ToolsGroup

MARCH 7, 2023

Take, for example, Kathmandu , a leading brand of outdoor and adventure apparel and equipment, with 160 stores and a growing ecommerce presence. KIKO Milano uses a probability-based forecasting module that uses machine learning (a branch of AI) to learn from existing data and accurately identify trends for future demand.

Inventory Reduction 156

Inventory Reduction Waste Reduction Real-time Visibility Supply Chain Planning Software 156

Manufacturing & Logistics IT

SEPTEMBER 5, 2018

HanesBrands, the $6.5bn global apparel company that manufactures and sells a number of leading underwear and activewear brands including Wonderbra, DKNY, Playtex and Champion, is deploying a standardised IT system to help with supply and demand forecasting in more than twenty-five countries.

Supply and Demand 44

Supply and Demand Supply Chain Planning Software Apparel Demand Planning Software 44

Logility

MARCH 22, 2022

LogDutch apparel licensing company to leverage the Logility ®Digital Supply Chain Platform to improve product availability and enhance employee experience. Logility not only had the technology we needed, but the apparel industry expertise and forward-looking vision we were looking for in a partner.”.

Supply Chain Planning Software 130

Supply Chain Planning Software Logility Supply Chain Design Software Analytics Software 130

BlueYonder

MAY 11, 2017

Each year, Apparel Magazine acknowledges apparel retailers, brands, and manufacturers that demonstrate innovation in the apparel supply chain. JDA is proud to recognize that PVH has been named one of Apparel Magazine’s 10 th annual Top Innovator Award winners. PVH) is a U.S.-based

Apparel 40

Apparel Inventory Reduction Innovation Supply Chain Planning Software 40

ToolsGroup

FEBRUARY 7, 2022

Google’s findings align with McKinsey data (and, for what it’s worth, my browsing history), demonstrating apparel, cosmetics, household items, and pets as categories consumers intend to splurge. Retail planning software provides the power to do so with increased accuracy in demand forecasting and inventory allocation.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Logility

SEPTEMBER 3, 2021

delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. Demand Management, Inc. Demand Management serves customers such as Siemens Healthcare, AutomationDirect.com and Newfoundland Labrador Liquor Corporation.

Supply Chain Planning Software 130

Supply Chain Planning Software Supply Chain Design Software Optimization Software Analytics Software 130

AIMMS

MARCH 30, 2020

T he apparel industry, for instance, is bracing for a prolonged period of low activity. Using Demand Forecasting Navigator to Study Demand Trends. The COVID-19 pandemic is having a profound impact on our lives, the kind we have not seen in centuries. Study 1: Anticipate Best- and Worst-Case Operations Scenarios .

Supply Chain Disruption 348

Supply Chain Disruption Supply Chain Design Software Scenario Planning Supply Chain Planning Software 348

Supply Chain Shaman

JUNE 7, 2018

In five companies that I have worked with in the past quarter, each degraded the forecast (using Forecast Value Add methodology) by 10-18%. To make the argument, let’s look at industry orbit charts in aggregate for the period of 2006-2017 for the apparel and chemical companies. Houston, We Have a Problem. The problem?

Supply Chain Planning Software 229

Supply Chain Planning Software Supply Chain Design Software Optimization Software Forecasting Software 229

Logility

OCTOBER 15, 2021

The new release includes reimagined inventory planning and optimization functionality, enhancements to raw materials traceability, enhanced notification capabilities, and a new-look demand forecast view that increases accessibility and readability for all decision-makers.

Supply Chain Planning Software 181

Supply Chain Planning Software Sustainability Supply Chain Planning Innovation 181

Logistics Viewpoints

AUGUST 22, 2022

Categories with excess inventory include apparel, electronics, and home and sporting goods. Walmart executives fairly pointed out how difficult it is to forecast demand in times of economic turbulence. But what is purchased is not simply the result of forecasts the CEO of Walmart – Doug McMillon – pointed out. Demand Planning.

Supply Chain Planning Software 191

Supply Chain Planning Software Supply Chain Software Supply Chain Optimization Supply Chain Planning 191

Vanguard Software

JULY 12, 2019

Integrating customer data across e-commerce and in-store technologies will be the main challenge for brands expanding their omnichannel sales in the coming years.

Forecasting 61

Forecasting Omnichannel Forecasting Software Supply Chain Software 61

Logility

MAY 10, 2022

American apparel manufacturer Haggar experienced similar outcomes, including 70% lower excess inventory and 10% lower selling, general, and administrative expenses. For example, Tillamook County Creamery Association was able to decrease finished good inventory by 75% while increasing fill rates by 98% and saving US$4.2

Optimal Sourcing 173

Optimal Sourcing Optimization Software Inventory Reduction Supply Chain Planning Software 173