US department store Neiman Marcus Group is turning to a new SaaS application to improve buyer and supplier collaboration and business analysis
The retailer has chosen Sky IT Group’s SKYPAD to track, create and distribute weekly sales and inventory data across its suppliers.
It it expected to empower suppliers with access to size and store level sales and inventory performance within several industry-best-practice reporting views embedded with customisable and collaborative capabilities.
The "SKYPAD for NMG" program will also target product allocation and reorder opportunities, all while increasing sales and reducing markdowns.
"Our industry structure and dynamics continue to change at an accelerating pace. We believe strongly that with the use of tools like SKYPAD we can enable greater collaboration between our teams and our brands, with better insights and faster execution," stated Nathan Johnson, SVP, merchandise planning, Neiman Marcus Group