Home / Knowledge / News / Information Technology / Future Group deploys TXT Retail's merchandising suite
Future Group deploys TXT Retail's merchandising suite
Dec '17
Courtesy: TXT Retail
Courtesy: TXT Retail
TXT Retail, an Aptos company and provider of end-to-end merchandise lifecycle management (MLM) solutions, has announced that Future Group, one of India’s leading business conglomerates, has successfully deployed TXT Retail’s MLM solution across its Big Bazaar chain, India’s popular hypermarket, and its fbb fashion retail stores in 220 Indian cities.

Future Group now manages, with TXT Retail, the complete spectrum of its merchandising processes: merchandise financial planning, assortment planning, open-to-buy, allocation and replenishment for more than 45,000 product options. The project, which involves 100 users across the organisation, has been a joint delivery with Ptex, TXT Retail’s implementation partner in India.

TXT Retail supports Future Group to set its global collection targets and to derive the best buying and assortment plans to meet demand. Additionally, TXT Retail’s forecasting, allocation and replenishment capabilities provide the tools to optimise in-season merchandise management and inventory levels across products and locations.

Rakesh Biyani, joint managing director at Future Group said, “The successful go live at Big Bazaar and synergies between our companies prove that partnering with TXT Retail to support our growth has been the right choice. With the extensive socio-economic changes that India has undergone in the last decade, consumers’ needs and requirements are evolving fast. TXT Retail’s end-to-end planning capabilities help translate the deep understanding of the Indian society that our group has developed into precise merchandising decisions and tailored assortments to our customers.”

With the go live at Big Bazaar, the deployment of TXT Retail is now being extended to Future Group’s complete retail portfolio, including Central department stores and Brand Factory — India’s largest fashion discount store chain.

Future Group leveraged the TXT AgileFit deployment methodology which accelerates deployment and time to benefit thanks to reference processes and a pre-configured optimised solution framework honed through TXT Retail’s experience with hundreds of customers globally. (GK)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: Rakez

Textiles | On 10th Dec 2018

Over 50 Indian firms eyeing operations in UAE's RAKEZ

Over 50 Indian firms are interested in expanding operations in Ras Al ...

Courtesy: Intertextile shanghai hometextiles

Textiles | On 10th Dec 2018

Intertextile Shanghai Home expects 200 suppliers

Around 200 suppliers from China and other countries will display...

No tax on cotton fabric import from India to Vietnam soon

Textiles | On 9th Dec 2018

No tax on cotton fabric import from India to Vietnam soon

Under the free trade agreement between India and the Association of...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Sri Lanka has a good sustainable track record and strong stories to back it

Awen Delaval, Samatoa

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Binoy Ravjani, Hero's Fashion

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Abhishek Pachauri,

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Sham Shah,

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Karen Lou,

Karen Lou

Australia-based Sunseeker has been creating swimwear since 1970. Sunseeker ...

Eric Scholler, Groz-Beckert

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Mark Brill, Birmingham City University (BCU)

Mark Brill
Birmingham City University (BCU)

<div>A technological breakthrough could see people getting messages about...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

December 2018

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

news category

Related Categories:

Advanced Search