Rafaella Apparel Group Eliminates Inventory Levels by 40% with Demand Solutions Software
ST. LOUIS, Oct. 27 /PRNewswire/ -- Demand Management, Inc., a global resource for managing the supply chain for small and midsized enterprises, announced today that Rafaella Apparel Group identified and eliminated a 40 percent excess in inventory with the help of Demand Solutions supply chain management software.
Rafaella Apparel Group, a designer, sourcer and marketer of women's clothing since 1982, is known for providing functional and fashionable clothing for women's work and life wardrobes. In order to propel its profits, the company replaced its time-consuming, manual inventory planning process with Demand Solutions Forecast Management and Requirements Planning software. The demand planning and inventory replenishment software has enabled the apparel company to forecast more accurately, increase efficiency and optimize inventory.
"Three years ago, our company thought that it was effectively managing its inventory, so it was quite a shock when Demand Solutions identified an excess of 40 percent," said Rafaella Apparel Group's director of retail planning and replenishment Sean Carolan. "Though the reality was difficult to digest, Demand Solutions kept our inventory problem from spiraling out of control and helped us take deliberate action in advance of the recession."
"Inventory planning in a recession is like working in fast forward," said Carolan. "By the time the system or anyone can detect a demand trend, it changes. Because the planning methods in Demand Solutions are not solely based on statistical equations, we can incorporate our own intelligence - which has proven to be critical in recent months."
"Inventory planning for apparel companies is especially complex during a recession," said Demand Management president Bill Harrison. "Not only do organizations have to manage the seasonality and long lead times of thousands of SKU combinations, companies must now also consider the financial stability of suppliers and trading partners. These factors among others create an environment that fosters excess inventory. Helping Rafaella Apparel Group address these pain points and eliminate a 40 percent inventory excess before the recession demonstrates our focus to empower a competitive advantage for our customers through effective demand and inventory planning."
To read the full Rafaella Apparel Group case study, visit http://www.demandsolutions.com/case-studies/DSMag-2010-Rafaella.pdf
About Demand Management, Inc.
Demand Management, Inc. (DMI) is a global resource for software, support, services and training for maximizing profits in manufacturing, distribution and retail operations. More global supply chains depend on DMI's Demand Solutions than any other system for forecasting, demand planning and point-of-sale analysis. For more information on DMI, visit www.demandsolutions.com. Demand Management is a wholly-owned subsidiary of Logility which is a wholly-owned subsidiary of American Software (Nasdaq: AMSWA).
Forward-Looking Statements
This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results to differ materially from those anticipated by statements made herein. These factors include, but are not limited to, changes in general economic conditions; technology and the market for the Company's products and services including economic conditions within the e-commerce markets; the timely availability and market acceptance of these products and services; the effect of competitive products and pricing; the uncertainty of the viability and effectiveness of strategic alliances; and the irregular pattern of the Company's revenues. For further information about risks the Company could experience as well as other information, please refer to the Company's Form 10-K for the year ended April 30, 2009 and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information about risks the Company could face as well as other information, contact Vincent C. Klinges, Chief Financial Officer, Logility, Inc., 470 East Paces Ferry Rd., Atlanta, GA 30305, (404) 261-9777.FAX: (404) 264-5206 INTERNET: HTTP://www.logility.com or E-mail asklogility@logility.com. All trademarks are properties of their respective owners.
SOURCE Demand Management, Inc.
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