Fashion & Apparel

The fashion industry is fundamentally different from any other industry for several reasons. It represents marketing and advertising in its most unadulterated form. The goal of fashion is to interest consumers and make them desire products regardless of whether they need them or not. With every season and collection come new challenges to find innovative designs, materials, to maintain interest by the customer. This is no simple task and requires unparalleled agility and flexibility. With the fashion industry now spanning the globe remaining competitive imposes levels of efficiency and economy never before attempted.

TXTPERFORM2008 helps fashion companies deal with increased operational complexity and shorter product life cycles thanks to an exclusive combination of performance management and planning capabilities spanning any critical Fashion processes:

• Product Lifecycle Management/Product Data Management
• Budgeting, demand and merchandise planning by attributes
• Assortment and promotion planning
• Sales & Operations Planning, including production and procurements
• Distribution, replenishment and inventory optimization
• Supplier Relationship Management

The combination of first class planning functionality and performance management with correlated metrics helps timely identifying issues, choose and apply the best planning scenario and ultimately have clear understanding of the implications of these decisions on both operational and financial KPIs. While planning, multiple what-if alternatives can be assessed thus taking into account variables such as promotions, inventory costs, customers’ ABC classification, different assortments choices as well as impact on profitability and margins to always determine the best tradeoffs.

In Planning the Supply Chain end-to-end from forecasting, promotions, S&OP, down to distribution, replenishment and inventory optimization, TXTPERFORM2008 tackles the specific issues of each segment including: