;
Home / Knowledge / News / Information Technology / i2 BAM receives Key Partner Award from Woolworths
i2 BAM receives Key Partner Award from Woolworths
08
Jan '10
i2 Technologies, Inc. announced today that Woolworths, South Africa's leading and most respected retail chain, has implemented the i2 Buying and Assortment Management (BAM) solution to improve buying and assortment management processes for its clothing and general merchandising groups. Woolworths went live with pre-season planning and buying of their women's wear, lingerie, kids' wear, men's wear, footwear, accessories, home and furniture, and health and beauty business groups during October 2009. Woolworths is also looking to improve allocation and availability in stores through an implementation of in-season planning, scheduled to be completed mid-year 2010.

Through the deployment of i2 Buying and Assortment Management, Woolworths expects to improve buying and assortment management processes, product availability and overall customer satisfaction while reducing markdown costs. As a result of its work with Woolworths, i2 has been awarded the company's “Key Partner of the Year Award” for its contribution and commitment to the successful implementation of the planning solution for clothing and general merchandise at Woolworths.

i2 Buying and Assortment Management is an excel-based UI and interactive tool that supports key assortment management processes from the creation of placeholder concepts, sales planning, and receipts planning, to the generation of purchase orders representing buys that are properly timed, packaged and aligned with merchandise management objectives.

“We selected the i2 Buying and Assortment Management solution based on its advanced technology and richness of functionality,” said Paula Disberry, divisional director, merchandise planning, Woolworths. “We were already using i2 solutions for forecasting and profiling, merchandise planning, replenishment and master data management, and wanted to take the next step to improve store allocation and product availability in stores with an ultimate goal of improving customer satisfaction.”

“We are extremely delighted to have received the Key Partner Award from Woolworths. Retailers must adhere to customer-centric strategies to protect and grow market share. Such strategies demand precision, speed and coordination in anticipating customer needs down to the store level. Success in executing customer-centric merchandising strategies requires a new approach to buying and assortment management. i2 solutions are specifically designed to help retailers like Woolworths align their strategy with operations and improve their planning processes to impact revenue and profitability positively,” said Graham Newland, senior vice president, i2 EMEA.

i2 Technologies Inc


Must ReadView All

93% remediation in Alliance-affiliated factories complete

Textiles | On 17th Dec 2018

93% remediation in Alliance-affiliated factories complete

Remediation in all the factories affiliated with the Alliance for...

Texhong Textile acquires Winnitex for HK$1350 mn

Textiles | On 17th Dec 2018

Texhong Textile acquires Winnitex for HK$1350 mn

Texhong Textile Group, one of world’s largest core spun yarn...

Courtesy: Marquee Brands

Apparel/Garments | On 17th Dec 2018

Marquee Brands acquires Dakine

Marquee Brands LLC has announced the acquisition of the Dakine brand...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Top executives, Indian retail players

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Luke Otten, Wigwam Mills Inc

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Manoj Sorathiya,

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Marcus Hardelauf,

Marcus Hardelauf

Germany-based Textechno is one of the leading manufacturers of testing...

Cong Zheng,

Cong Zheng

The China Textile Machinery Association (CTMA) is a social-economic...

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...

Robin Grankvist, OrganoClick AB

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Bani Batra,

Bani Batra

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

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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


December 2018

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

news category


Related Categories:

Advanced Search