Friday 28th Oct 2016 - Logistics Manager

ITUpdate (2)

VF Europe the European branch and affiliate of VF Corporation which produces and distributes brands such as Wrangler, Lee, HIS and Maverick, has chosen TXT to support its Jeanswear Retail Partnership Initiative across Europe, with a solution based on the standard TXT SC&CM Assortment Planning module. The TXT solution has gone live after only three months of implementation, to support the first VF Europe retail partnership initiative in Germany. VF Europe is now starting to roll-out the TXT solution throughout the continent. The functions of the TXT SC&CM Assortment Planning solution for VF include preparation of balanced and unique product assortments at store level, to satisfy strategic product and store objectives; optimal open-to-buy plans; planning for inventory and marketing events; continuous in-season and post-season forecast monitoring, reviewing and updating, both for high-rotation items and for campaigns on seasonal themes.

Carter Products has installed FINeCHAIN. from Finmatica, for demand forecasting and The company has selected several modules including Demand Forecasting, Strategic Inventory Planning and Requirements Planning. Implementation will give Carter Products extensive benefits including greater visibility in the supply chain and significant reduction of production, purchasing and stockholding costs.

GeoLogistics Corporation, a third-party logistics company, has formed a strategic alliance with Syntel, a global information technology services firm. The multi-year agreement provides GeoLogistics with enhanced capability to rapidly deliver application solutions in support of its extensive internal operations and the supply chain management activities of its customers on a global basis. Syntel assumes ongoing management and operational responsibility for all GeoLogistics’ IT applications, including Geo Vista which provides global visibility for its customers’ supply chains. The alliance further advances GeoLogistics leadership role for IT within the 3PL sector.