Thursday, April 26, 2012
Stadium extends its IFS retail solution
Stadium, one of Scandinavia’s leading sport retailers, has ordered an expansion of its retail solution from IFS.
Stadium has been an IFS customer since 2000 and has used IFS Applications to optimize business-critical processes such as supply chain management and stock replenishment.
After having upgraded to the latest version of IFS Applications in 2011, Stadium has decided to extend its IFS retail solution with advanced features for assortment planning and stock replenishment. With the IFS Assortment Planning tool, Stadium will be able to plan and execute multi-level assortment strategies, making sure that the right ranges, sizes, colors and styles are shipped, in the correct mix, to the right store. The tool is a graphical planning system that is completely integrated with IFS Applications. IFS Assortment Planning will replace the current solution that has been used by Stadium for the past 10 years.
The agreement also includes delivery of an automatic stock replenishment solution. IFS has developed the solution in close cooperation with Stadium and it is now part of the standard IFS Retail solution. Based upon Stadium’s long experience with store replenishment, the solution incorporates the ability to react quickly to changing customer needs arising from external factors such as weather, local events, vacation periods, etc.
“We are expanding our use of IFS Applications to maximize the efficiency within assortment planning and replenishment. In IFS, we have found a business partner that can support our entire value chain and offer intelligent solutions for both our current needs and our future plans,” said Gustaf Öhrn, CEO at Stadium.
“We are pleased to announce Stadium’s continued confidence in our solution. Retail is one of our focused industries and working with customers such as Stadium means that we get a deep understanding of what retail companies need in order to succeed in a very competitive market. The agreement with Stadium proves once again that we offer a solution that supports the varied needs within the market and that we have a competent organization, led by the IFS Retail industry team, working proactively to add value for our customers,” said Glenn Arnesen, CEO, IFS Scandinavia.
IFS’s retail solution covers the entire value chain, from merchandise planning, assortment planning, purchasing and procurement to distribution and store solutions. IFS Applications supports all business-critical processes such as basic data management, automatic goods replenishment, campaign management, human resources, and forecasting.
Stadium is Sweden’s largest sport retailer with around 110 stores in Sweden, Denmark and Finland. Its vision is to inspire people to lead a fun, active and healthy life. The Stadium stores are owned by the Parent Company, Stadium AB, which is also the service office for the stores. Stadium AB also includes 10 other operations and stores.
More information is available at www.stadium.se
IFS is a public company (OMX STO: IFS) founded in 1983 that develops, supplies, and implements IFS Applications™, a component-based extended ERP suite built on SOA technology. IFS focuses on industries where any of four core processes are strategic: Service & asset management, manufacturing, supply chain and projects. The company has 2,000 customers and is present in approximately 60 countries with 2,800 employees in total. Net revenue in 2011 was SKr 2.6 billion.
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