Jewellery retailer Pandora planning ahead with TXT

Pandora has this week announced it is investing in planning processes to serve its operations around the world.

Working alongside solutions provider TXT Retail, the Denmark-based jewellery retailer is updating its strategy for pre-season and in-season planning, as well as planning for range and assortment and initial allocation.

The latest move has seen the retailer implement the TXT Retail Planning solution which it expects to compliment the TXTPlanning store replenishment module which has already been successfully deployed across its German, Swiss and Austrian territories.

Pandora continues to grow on an international scale, and now operates in 80 countries across six continents. The global project rollout with TXT spans all markets and channels, including retail, wholesale and online, as well as franchisee, distributors and all store types.

Jonathan DelFino, vice-president for merchandise planning at Pandora, said: "With our multichannel business growing so quickly, ever faster product innovation rates and vast assortment developments, integrated planning was a clear opportunity for us.

"TXT Retail Planning allows for more accurate planning and end-to-end visibility across the business. Retailing calls for strict deadlines and the release of replenishment planning on budget and in just four months – producing excellent quality order recommendations – was a fantastic achievement."

Essential Retail co-hosted a webinar with TXT earlier this year, where retail commentators issued warnings about the impact omnichannel retailing is having on planning and merchandising.

A live recording of the webinar is available to download here, featuring insight from TXT and Columbus Consulting.

Click here for more information:

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