Missoni deploys Board to transform Retail Planning processes
Board’s retail planning expertise boosts allocation and replenishment at Italian luxury fashion house Missoni
Board International, the Intelligent Planning Platform provider, today announced that luxury fashion house Missoni has selected Board for allocation and replenishment.
Missoni is an Italian luxury fashion house based in Varese, and is known for its colorful knitwear designs. The company was founded by Ottavio and Rosita Missoni in 1953 and is now one of the most renowned luxury brands, both in Italy and worldwide.
In recent years, Missoni’s retail network has gained increased importance within the company’s sales strategy. For this reason, the retailer needed to introduce a structured process capable of managing store inventory restocking from warehouses and transferring goods between stores.
Missoni selected Board to transform the brand’s global planning process across initial allocation, target stock levels, replenishment and returns, store transfers, and assortment planning to ensure the right stock is available in the right place at the right time.
Missoni chose Board’s intelligent planning platform not only because it covered all of the retailer’s planning and analysis requirements but also based on Board’s user-friendly interface, seamless integration with Office 365, and fast implementation time with an agile and modular approach.
“The ability to optimize stock, inventory, allocation, and replenishment is crucial for retail success,” said Mauro Bertoletti, Managing Director for Southern Europe at Board International. “We are delighted to be helping Missoni optimize its inventory with our proven retail decision-making expertise in merchandise planning.”
Missoni, renowned for its excellence in Italian fashion, was founded in 1953 by Ottavio and Rosita Missoni. In 2018, a partnership was formed with the Italian Strategic Fund in an effort to further enhance the reputation and notoriety of the brand, as well as the company’s potential for significant growth.
Board is the Intelligent Planning Platform, that offers smarter planning, actionable insights and better outcomes for more than 2,000 companies worldwide. Board allows leading enterprises to discover crucial insights which drive business decisions and unify strategy, finance and operations to plan smarter and achieve full control of performance. Partnering with Board, global enterprises such as H&M, BASF, Burberry, Toyota, Coca-Cola, KPMG, and HSBC have digitally transformed their planning processes.
Founded in 1994, and now with 25 offices worldwide, Board International has long been recognized by leading analysts and subject matter experts including Gartner, Nucleus, and Dresner.