Saks Inc.
Industry: Specialty Retail
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Saks Inc. is a major operator of department stores in the U.S.
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Company
Saks Incorporated operates Saks Fifth Avenue Enterprises (SFAE), which consists of Saks Fifth Avenue stores, Saks Off 5th stores, and saks.com. The Company also currently operates its Saks Department Store Group (SDSG) with Parisian; Younkers, Herberger's, Carson Pirie Scott, Bergner's, and Boston stores (collectively known as the Northern Department Store Group or "NDSG"); and Club Libby Lu specialty stores.
Problem
SAKS Incorporated wanted to improve in-store service levels and replenishment of basic stock items.
Solution
SAKS Incorporated implemented Logility's Demand Planning and Inventory Planning components and:
Parisian experienced:
- Increased in-stock merchandise by 9.4% and 4.1% at Proffitt's and Parisian stores, respectively
Parisian experienced:
- Increased average sales per SKU by 11%
- Improved service levels for basic merchandise by 35%
Bottom Line
- Increased in-stock merchandise
- Increased average sales per SKU
- Improved service level
