Spring 2009

Retailers with a combined online and high-street presence are expected to find particular appeal in a new product from retail technology provider Torex. It combines stock planning and allocation, helping to streamline stock distribution across channels, and is said to be the first product of its kind.

Torex says that stock intake and allocation have historically been handled as separate processes, and that by combining them, the new system ensures that strategic decisions about stock handling can be made on the basis of a holistic view of the business.

Among benefits, it says the system minimises the risk of data rejection and data loss that can occur in the transmission process, leading to inaccuracies and delays in stock allocation.

International fashion retailer Mexx is the first customer to make use of the new system. According to David Gandy, director of merchandise planning: 'Mexx wants to offer brand consistency across all markets, with the ability to micro-manage the assortment at country level when required.

 

'To deliver this vision, we required an end-to-end solution that allows the same decision-making for planning, buying and allocation. Torex had the solution we needed and the people we could work with to satisfy our vision.'