EILEEN FISHER, Inc. Chooses 7thonline Merchandise and Assortment Planning Solutions
Iconic American Brand Invests to Streamline Processes and Gain Greater Demand Visibility as Part of Sustainability Initiative
New York, NY – January 16, 2017 - 7thonline, Inc., a leading provider of cross-channel demand planning and allocation solutions to the Apparel, Footwear and Accessories (AFA) industries, today announced that EILEEN FISHER, Inc. has selected 7thonline merchandise and assortment planning solutions to gain global demand visibility for all channels and regions including wholesale, retail and ecommerce.
Known for its timeless design and commitment to sustainability, EILEEN FISHER continues to grow domestically and beyond. The brand operates over 65 retail stores today and distributes through most major department stores plus close to 400 specialty stores. As part of the company’s Vision2020 initiative, management aims to implement best practices to build a more responsive supply chain, improve forecasting accuracy, and eliminate scalability constraints. Adopting a modern merchandise demand planning system is a critical step towards these goals.
EILEEN FISHER will adopt several key modules of the 7thonline solution suite including Global Demand Planning, Global Assortment Planning, Production Buy Plan and Report Builder. This partnership with 7thonline will see EILEEN FISHER move away from manual processes and begin to leverage an analytics-rich, best-practice infused platform to gain greater demand visibility and drive supply chain efficiency.
“In an effort to design and align our planning teams around best practices, we looked for a company that not only has a solid scalable solution, but is also a recognized leader in our industry for best practices.” Says Jens Abbariao, Director – Enterprise Applications. “7thonline's focus and expertise on fashion and apparel is a great added value to complete our strategic initiatives.”
“We are delighted to be partnering with EILEEN FISHER.” Says Louise Chazen, President of 7thonline. “Our commitment to planning excellence is well aligned with EILEEN FISHER's need to improve supply chain responsiveness as part of its larger vision of sustainability. As we have seen from the industry, strong planning can contribute to more accurate inventory positions and less waste.”
About EILEEN FISHER
EILEEN FISHER has been creating effortlessly chic clothes for over 30 years. Designed with pure shapes and fine fabrics, the collections offer sophistication, comfort and style that lasts. As a socially conscious company, EILEEN FISHER is a pioneer in eco-friendly fashion and in supporting global initiatives that empower women and girls. The clothing is sold at over 66 EILEEN FISHER retail stores, over 300 department and specialty stores across the US, UK and Canada as well as 2 Green Eileen stores, which are part of the company’s innovative recycling program. EILEEN FISHER is the largest women’s fashion company to be a certified B Corporation, voluntarily meeting high criterion for social and environmental performance, accountability and transparency.
7thonline is a leading provider of cross-channel merchandise and assortment management solutions to the Apparel, Footwear, and Accessories industries. Deployed in the cloud or as enterprise software, 7thonline solutions enable more effective planning, demand forecasting, and inventory optimization for fast-growing, omni-channel, leading brands. With embedded business intelligence and rich analytics, the company's solutions offer complete demand visibility and planning capabilities for wholesale, retail, and e-commerce—enabling increased sales, reduced markdowns, improved margins, and enhanced profitability. Customers include Bestseller, Brooks Brothers, Calvin Klein, Fast Retailing USA, G-III Apparel Group, GRI Retail Group (Hong Kong), Michael Kors, Nautica, Oakley, Patagonia, PVH and VF, among others. 7thonline is headquartered in New York, NY and has global offices in mainland China. To learn more, visit www.7thonline.com, read our blog at www.retailplanningblog.com, and follow us on Twitter at http://twitter.com/7thonlineInc.