Jules partners with Nextail to drive enhanced replenishment across retailer’s stores in France and abroad
French menswear retailer, Jules, has selected Nextail to transform in-season merchandising processes through AI driven demand forecasting and decision automation.
Nextail will look to drive enhanced allocation and replenishment across Jules’s 550 stores in France and abroad.
🇫🇷 👕 Menswear retailer @jules and @Nextail have partnered up to drive enhanced #replenishment across Jules’s 550 stores in France and abroad for better sell-through, less excess inventory, and reduced manual work.
— Nextail Labs (@Nextail_co) February 7, 2024
🗞️https://t.co/thaxedYNhH#agileretail #powered by Nextail pic.twitter.com/MjoOSFPbav
Yannick Dussart, Jules Director of Supply Chain, says: Replenishment with Nextail is a real performance accelerator for the company, helping us transition from restocking based on sales, to basing this decision on an estimation of future sales.”
“That, plus better granularity and management compared to previous tools, allows us to allocate inventory with much more precision. Our procurement teams quickly learned to use Nextail, but even more key to our success was how well store teams have received it.”
Juan G. Avedillo, Co-CEO at Nextail, comments: “We are delighted to support Jules in this pioneering collaboration, driving a forward-thinking approach to the brand’s merchandise planning.”
“Their eagerness to embrace cutting-edge AI-driven solutions bolsters our confidence that this partnership will not only empower their current operations but also lay a solid foundation for a successful and dynamic future.”
2023 RTIH INNOVATION AWARDS
Nextail emerged victorious at the 2023 RTIH Innovation Awards, picking up the Best Retailer/Technology Supplier Relationship (Rest of World) gong for its work with Flying Tiger Copenhagen.
By partnering with Nextail, the retailer has boosted its core merchandising processes through hyper-local demand forecasting, global inventory optimisation and AI driven decision automation.
As a result, it has transformed its wholesale business into one that is fully integrated and omnichannel.
What began as a roll-out in the UK and Ireland quickly expanded into a partnership encompassing the entire European owned and operated store network of more than 800 stores.
Our 2023 winners were revealed at a fantastic awards ceremony, which took place at the Barbican Centre in central London.
The event was held on Wednesday, 29th November, maintaining its popular evening format, with a drinks reception in the stunning Conservatory, followed by a Christmas themed three course meal, and awards ceremony in the Garden Room.
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