Industry News - November 7th, 2008
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RETAIL AND TECHNOLOGY NEWS |
PUMA Goes Live with Vision Merchandising
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PUMA deploys its Vision Merchandising from Jesta to manage all
purchasing and inventory for all PUMA stores within the European
Economic Area (EEA). PUMA also leverages Vision Merchandising to manage
inventory across its various sales channels including full price
stores, outlet stores and a Web store.
PUMA AG is rolling out Vision Merchandising in phases starting in
Europe with North America already slated for deployment. Vision
Merchandising replaces PUMA AG's current system. PUMA uses Vision
Merchandising to perform replenishment and price changes. These tasks
are now automated and PUMA buyers, allocators and controllers amongst
others can access accurate business data, and drill-down to pertinent
information.
"Jesta I.S. has proven to PUMA that they understand our business, and
has delivered the solutions that meet our needs," says Michael Specht,
global for PUMA AG. "We have been privileged to work with a solid group
from their Professional Services team. Part of the immediate benefit is
that Jesta I.S. works alongside the client, doing the implementations
themselves and no third party vendors or implementers are needed. This
makes both our deployment and the Jesta I.S. methodology effective."
With Vision Merchandising, PUMA increases data availability and
transparency while leveraging business data to maximize its analytical
capabilities. Vision Merchandising recommends the allocation and
replenishment of merchandise that helps PUMA's buying, planning and
allocation team to increase sales through optimized product allocation.
In addition, PUMA's Web store can now be replenished seven days per
week.
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Circuit City Store Closing Sales Now Underway at 154 U.S. Locations |
Circuit City store closing sales have begun at 154 locations in the
U.S. More than $300 million of consumer electronics and related
products for the home and office are being sold at discounts up to 30
percent. Consumers can take advantage of savings on TV and home
entertainment equipment, to computers and accessories, MP3 and other
audio products, cameras and camcorders, video gaming, music and movie
media. In addition, store fixtures, furniture and equipment are also
being sold.
The store closing sale is being conducted by a joint venture
partnership comprised of Hilco Merchant Resources and Gordon Brothers
Group.
All sales at the 154 stores being closed are final on items purchased
during the store closing event, but normal refund policies will apply
to merchandise purchased prior to the sale commencement date. Circuit
City gift cards purchased prior to the sale commencement date will be
honored, but no gift cards will be sold at the 154 closing stores. Cash
and all major credit cards will be accepted. No checks. A complete list
of the 154 Circuit City stores being closed at available at:
www.hilcomerchantresources.com/circuitcity.asp.
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Levi Strauss & Co Adds Supply Chain Audit Software |
Levi Strauss & Co implements a Web-based supply chain audit
solution from Entropy Software to help simplify the management of
corporate-wide supply chain compliance.
Levi Strauss & Co uses the BSI Entropy Software, a Web-based audit
and compliance tool, to help address its increasing requirement for
product carbon foot printing analysis. The software also provides
senior managers and directors with the ability to identify, assess and
manage supply chain compliance across the business, with real-time
analysis and performance reporting via an executive dashboard view of
the corporate-wide supply chain compliance data.
Entropy Software helps Levi Strauss & Co address risk, compliance
and performance management in areas of corporate governance, corporate
social responsibility, environmental, health and safety, quality, and
supply chain compliance management.
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Walgreens Manages Customer Records with New Software |
Walgreens selects Initiate Consumer to help manage millions of customer
records that it maintains for its retail drugstores and e-commerce
services.
Initiate Consumer from Initiate Systems delivers a single view of
individual consumers to end users and automated business processes that
rely on accurate customer data to function efficiently. It also helps
enable accurate identification that can improve the customer experience
in sales, distribution, service and support.
Initiate Consumer is based on Initiate Master Data Service technology -
a data platform that provides identity matching and management, data
modeling, information quality management, data sharing, relationship
and hierarchy management and multi-lingual, integration and
synchronization capabilities.
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OneStopPlus.com Launches Gift Card Program
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OneStopPlus.com launches a new gift card program just in time for the holiday season.
www.OneStopPlus.com, along with partner brands Woman Within, Roaman's,
Jessica London, KingSize and BrylaneHome now offer gift cards and
e-cards. The plastic gift cards have a unique design on the face of the
card for each of the participating brands. When the customer orders a
gift card, it arrives to the designated recipient in a card carrier
with a personalized message. For the e-cards, there are as many as 8
different creative options per brand. E-cards are delivered to the
designated recipient via e-mail and also include a personalized message.
To create a more streamlined shopping experience, both the plastic gift
cards and the e-cards will have a stored balance which means the
customer is to use the card multiple times until the balance is zero.
In addition, as an added benefit and convenience, there is a "check
balance" function on each participating brand's Web site so customers
can see how much value is left on their gift card to spend.
The company plans to actively market this new gift card program through
a multi-channel launch including Web, marketing e-mails, service
e-mails, print and call platform. Due to the timing, these
holiday-specific messages will be targeted to holiday shoppers.
SAF U.S.A Launches Version 5.0.0 of SAF SuperStore and SAF SuperWarehouse
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SAF U.S.A. launches version 5.0.0 of its SAF SuperStore and SAF
SuperWarehouse. The new version helps increase forecast quality and
helps retailers understand how an item on sale will affect the demand
for other complementing products.
Version 5.0.0 helps retailers utilize special supplier pricing offers
with its new investment buying function. It also contains a
predictor-precise forecast breakdown enabling users to identify the
impact of influencing factors, such as how a special offer will affect
sales and volume, to better understand the forecasts.
Enhanced reporting features now display each step of the replenishment
optimization calculation. This increased visibility and explanation of
the automatic ordering process reduces the tendency for retailers to
make unnecessary manual changes to an order. Lastly, 5.0.0 has expanded
configuration options to allow metric influencing factors, such as
pricing, to be transformed in order to better explain sales performance
and improve forecast quality.
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