Groupe Dynamite Receives 2015 Sailing to New Heights with Logility Award
By Business Wire News
By Business Wire News
Logility, Inc., a leading provider of collaborative supply chain optimization and advanced retail planning solutions, is pleased to announce Groupe Dynamite has received the “2015 Sailing to New Heights with Logility” award. Presented at Logility’s Connections 2015 conference, the Sailing to New Heights award is Logility’s premier customer recognition and this year honors Groupe Dynamite’s retail allocation and forecasting transformation, and exceptional journey towards supply chain and retail planning excellence.
Groupe Dynamite is a growing, Montreal-based fast-fashion retailer with more than 380 locations around the world for its two brands—Dynamite and Garage. As the company expanded across North America and the Middle East it realized its current forecasting, allocation and replenishment processes relied on heavy manual intervention that would not scale. To stay ahead of rapidly changing fashion trends and shrinking seasons, Groupe Dynamite set a goal to sell through its inventory in six to eight weeks, minimize initial store allocations, improve service levels, and automate processes where possible to free its internal resources to be more strategic.
“As a fast-fashion retailer it is critical we are able to anticipate trends and remain flexible enough to adapt to changing conditions mid-season,” said Isabelle Rousseau, allocations director, Groupe Dynamite. “Our implementation of Logility Voyager Retail Optimization has enabled us to improve our sell through, reduce our markdowns and increase profitability as we position merchandise in the optimal location to delight our customers. We have become a more sophisticated organization and have automated nearly 80% our store replenishments to meet our growing business needs.”
Voyager Retail Optimization allows Groupe Dynamite to develop forecasts down to the store level accounting for consumer variances including climate, culture, economy, and fashion trends. With an improved forecast, the company is able to minimize its initial allocation to each retail location and then auto-replenish each store based on style level sales activity.
Groupe Dynamite has realized several benefits including an improved forecast, increased inventory turns, automated allocation and replenishment processes, and the development of more accurate size curves to better fit individual store location needs. These improvements have also let the team focus on strategic, proactive initiatives instead of reacting to challenges after they arise.
“Groupe Dynamite operates in the highly challenging fashion retail market where planning and supply chain optimization have a significant impact on the ability to offer customers the merchandise they want in the sizes they desire when and where they want them,” said Allan Dow, president, Logility. We congratulate Groupe Dynamite on their retail planning and supply chain transformation and the tangible benefits they have achieved through their innovative use of Logility Voyager Solutions to help drive success and support its expansion to provide the latest, in-style fashion trends to consumers around the world.
With more than 1,250 customers worldwide, Logility is a leading provider of collaborative supply chain optimization and advanced retail planning solutions that help small, medium, large, and Fortune 500 companies realize substantial bottom-line results in record time. Logility Voyager Solutions is a complete supply chain management and retail optimization solution that features a performance monitoring architecture and provides supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); supply and inventory optimization; manufacturing planning and scheduling; retail merchandise planning and allocation; and transportation planning and management. Logility customers include Abercrombie & Fitch, Big Lots, Fender Musical Instruments, Parker Hannifin, Verizon Wireless, and VF Corporation. Logility is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA), named one of the 100 Most Trustworthy Companies in America by Forbes. For more information about Logility, call 800-762-5207 USA or visit http://www.logility.com.
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