Home / Knowledge / News / Information Technology / QuickAssortment pre-configured software released
QuickAssortment pre-configured software released
21
Apr '12
Maple Lake, the retail software vendor that helps plan best-selling ranges for the likes of the Arcadia Group, Ted Baker, ASoS, adidas Group and Levi Strauss, has just released an 'out-of-the-box', pre-configured version of its QuickAssortment merchandise planning solution. The move follows increasing demand among retailers for IT solutions that can be more easily and swiftly adopted into the business, at considerably less cost.

“It can typically take between 12 and 24 months for a retailer to implement new planning technology and see the rewards, this delays the returns and business benefits that the management and end users require,” says Bob Jolley, group commercial director at Maple Lake. “By coming up with a pre-configured solution, suitable for the planning needs of most (non-food) retailers, we've been able to cut down implementation times to four or five months, potentially saving a substantial amount in project fees.”

Research, in association with the National Retail Federation last year, has shown that retailers are often put-off upgrading and investing in new technology because of the time it can take and headaches and costs involved.

The concept of software vendors selling 'out-of-box' solutions for more mass market appeal isn't a new one. However, Jolley said that Maple Lake has decided not to reduce functionality by cutting bits out or over simplifying, unlike many other solutions. This means retailers are getting exactly the same core software, which can later be adapted and upgraded to take advantage of Maple Lake's continuous product development and to further protect the customer's investment (much like, say, with Apple iTunes).

“It's not a dumbed-down planning solution,” he added.

The software works by taking sales data from existing systems to automatically produce a 'hierarchy of needs' that identifies the most profitable lines: whether for individual stores, online or international sales channels. Users can see, at the touch of a button, a forecast of stock and sales and the impact of, say, ordering more A-line dresses, or changing a particular supplier. It shows the ideal product mix and volumes before actually buying or allocating to stores, he said. Alerts can flag up anything likely to be a concern, such as low profit margin items, or missed sales due to stock-outs.

The QuickAssortment 'Out-of-the-box' pre-configured software is available from April 2012, and is priced according to the size and scale of the retailer.

Maple Lake Ltd is a software and services provider for specialty retailers worldwide. The company offers QuickAssortment, QuickAllocation and QuickAnalytics, a set of applications that refines merchandise & assortment management, allocation planning all of the comprehensive planning requirements of a modern multi channel business.

Maple Lake Ltd


Must ReadView All

US & EU retailers release industry approach to GDPR

Apparel/Garments | On 24th May 2018

US & EU retailers release industry approach to GDPR

The Washington, D.C.-based National Retail Federation and...

Courtesy: Nanollose

Textiles | On 24th May 2018

Nanollose develops fabric from coconuts

Australian technology company Nanollose has developed a sustainable...

Courtesy: Invista

Textiles | On 24th May 2018

Invista moves ahead with Texas technology upgrade project

Invista, a leader in chemical intermediates and fibres, is at the...

Interviews View All

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search