SLF Greece, a key distributor of KIKO MILANO products, has taken a significant step forward in supply chain optimization by implementing ToolsGroup's SO99+ software. This strategic move, facilitated by ToolsGroup and its Greek partner THellas, transitions SLF from a supply-driven to a demand-driven model, showcasing a potential blueprint for retail supply chain management. The software now manages daily forecasting, inventory optimization, and replenishment for around 2,500 active items across over 30 retail stores and two distribution centers in Greece and Cyprus, with plans to extend its use to Bulgaria and Romania.
The automation level introduced by SO99+ is a game-changer for SLF, enabling two central planners to oversee demand across all sales channels. This system not only generates optimal inventory and purchasing proposals but also streamlines inter-location stock transfers, significantly enhancing operational efficiency. Tilemachos Stylianos, Chief Development Officer of Fais Group, SLF's parent company, pointed to ToolsGroup's global leadership and local presence in Greece as pivotal in their decision to adopt SO99+, highlighting the importance of global expertise coupled with local support for successful implementation.
Collaboration with THellas has allowed SLF to achieve a highly automated, demand-driven planning process, improved network visibility, and optimized inventory levels. THellas's customization of SO99+ included systems integration and tailored capabilities, such as assortment plans and minimum presentation quantities at the location-couvet level. Goldie Panovlepi, General Manager at SLF, praised the system's revolutionary impact, noting its automation of daily store replenishment plans and generation of purchase recommendations, which strategically balance current practices with supply chain limitations.
The success of SO99+ at SLF underscores the transformative potential of advanced supply chain planning tools in the retail sector. By adopting a demand-driven model, SLF is better equipped to navigate market fluctuations and consumer demands, promising enhanced customer satisfaction and operational efficiency. This development not only positions SLF as a forward-thinking retailer but also serves as a compelling case for the adoption of similar technologies across the industry. The partnership between ToolsGroup, THellas, and SLF exemplifies the critical role of collaborative efforts in deploying complex technological solutions, blending global insights with local execution for optimal outcomes.
As the retail industry continues to grapple with the challenges of supply chain optimization, the implementation of tools like SO99+ emerges as a key differentiator. Retailers leveraging such technologies can achieve a competitive edge, potentially redefining retail operations and customer experiences in the years to come. For more information on ToolsGroup's solutions, visit https://www.toolsgroup.com.
