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Columbus Consulting helps Finish Line with retail suites

21 Jan '18
2 min read
Courtesy: Finish Line
Courtesy: Finish Line

Columbus Consulting International, an industry consultancy specialising in retail business systems, has announced that Finish Line, a retailer of athletic shoes, apparel, and accessories, is working with Columbus Consulting to design and test business processes for the retailer’s new merchandise financial planning and assortment strategy solutions.

To better manage planning for the multi-channel athletic apparel and footwear business, Finish Line needed to deploy new business processes and technologies to replace their existing spreadsheet solutions. After engaging with a solution provider and reviewing multiple potential consulting partners, Finish Line selected Columbus Consulting to advise the retailer throughout the two-phase project.

Brad Eckhart, senior vice president, planning and allocation, Finish Line said, “We hit the ground running with the implementation of the new technology solutions here at Finish Line, and we are taking important steps to update our merchandising processes. Columbus Consulting’s unmatched experience in the industry and familiarity with the technology plays a critical role in our success as we move away from our current spreadsheet solutions and evolve Finish Line’s technology capabilities. The implementation of a merchandise financial planning system is the first step in a multi-phased merchandising systems roadmap.”

The first phase of the two-stage project, completed this past October 2017, encompassed all aspects of merchandise financial planning, including strategic planning, preseason financial planning, in-season forecasting and open-to-buy management. Upgrading these solutions and processes centralises data and provides Finish Line with one version of the truth, enabling better communication across the organisation.

The second phase of the project, scheduled to be completed in the Spring of 2018, includes store planning and grading, key item planning and assortment strategy. These new capabilities will allow Finish Line to plan deeper in assortment, better control logistics and profitability, increase visibility across the business, and improve its merchandise presentation and assortment across stores. (GK)

Fibre2Fashion News Desk – India

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