Home / Knowledge / News / Information Technology / Momentis Fashion System helps Lipsy grow retail network
Momentis Fashion System helps Lipsy grow retail network
11
Jul '13
Lipsy, part of the Next group, began using the Momentis Fashion System to support its operations in 2007.

Since then it has expanded its customer base throughout the US and European markets, increased its number of retail outlets by 50 and quadrupled to over a million the number of units sold to wholesalers annually.

When searching for enterprise software Lipsy was focused on sustaining its growth. This meant finding a solution that would eliminate redundant and unnecessary activities while giving decision makers real-time visibility into inventory, sales and product performance.

With Momentis, Lipsy got all that and more. Albert Corin, Lipsy's Wholesale Production Director, emphasizes that "the expertise of Momentis consultants in wholesale best practice provided Lipsy with invaluable insight into improving processes and streamlining operations."

Using the Momentis Fashion System Lipsy has been able to contain its costs by eliminating unnecessary steps in its value chain, improving warehouse efficiency and seizing opportunities for collaboration with raw materials suppliers and manufacturers.

These improvements have culminated in an enriched offering for customers, particularly since Lipsy is now able to refresh product ranges on a monthly basis. Lipsy has also been using the Momentis Fashion System's intelligent stock allocation rules to maximize sales opportunities and its automated import and export documentation production to ensure tight delivery deadlines are met, further improving its proposition for an increasingly demanding customer base.

Confident in Momentis software, Lipsy has expressed its intention to move beyond the core Momentis Fashion System and begin implementing its portal software to achieve greater supply chain management capabilities.

Using the Vendor Connect portal, Lipsy's suppliers will be able to remotely and instantly view and update RFQs, costing packages, technical specs and production statuses as well as view and track orders.

Mr. Corin sums up the expected benefits in stating that "by providing suppliers with real-time access to information via the Momentis portal, Lipsy will be able to build on those relationships and provide a simple, fast, easy way of collaborating that will drive cost benefits on both sides."

Momentis


Must ReadView All

Indian investors interested in denim production in Vietnam

Textiles | On 16th Aug 2018

Indian investors interested in denim production in Vietnam

Indian fabric firms are shifting attention from China to Vietnam,...

Pak ministry invests in training textile sector workers

Textiles | On 16th Aug 2018

Pak ministry invests in training textile sector workers

Pakistan’s ministry of commerce and textile industry is offering...

India's textiles, apparel exports fall by ₹8000 cr: Govt

Apparel/Garments | On 16th Aug 2018

India's textiles, apparel exports fall by ₹8000 cr: Govt

India’s textiles and apparel exports dropped by nearly ₹8,000 crore...

Interviews View All

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Deepprakash Agrawal

Radhey Weaves is a Surat-based manufacturer of brocade fabrics. MD...

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Melissa Tate
University of New South Wales

<div><div><div><div><b>Melissa Tate</b>, a well-known scientist currently...

Davide Vigano
Sensoria

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Hemant & Nandita
Hemant & Nandita

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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


August 2018

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

news category


Related Categories:

Advanced Search