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

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Giorgio Mantovani
Corman S.p.A

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Jay Ramrakhiani
Occasions Elegance Wear

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search