Swarovski to expand fashion oriented product lines thru Tomax Retail.net
22 Jan '07
2 min read
“Swarovski is a luxury brand, and now, through an expansion of fashion oriented product lines, is experiencing significant growth, supported through an expansion of their retail operation. We are enormously proud to be associated with this prestige organization,” says Eric Olafson, CEO for Tomax.
Swarovski operates retail locations in the United States and around the world, in addition to its manufacturing and distribution operations. The initial Tomax Retail.net demand forecasting and inventorying management implementation will take place in the U.S., with plans for an international test and roll out in a subsequent phase.
The Tomax solutions will provide Swarovski with highly accurate demand forecasts for each item in every store, up to 52 weeks into the future. These forecasts will be the basis for determining optimal inventory requirements for each store and throughout the supply chain.
Retail.net will provide a more accurate view of the business, enabling improved calibration of product assortment with store demand, better store stock positions, and increased ability to perform to plan.