Case Study: DRYKORN achieves transparent, accurate fashion planning with Corporate Planning

DRYKORN - Customer Case Study

DRYKORN, a fashion label, faced challenges in financial planning and costing due to its dynamic growth and a complex, heterogeneous product range. Relying on Excel was no longer sufficient, and Commercial Director Gerrit Voss sought a powerful software solution to establish transparency and a reliable basis for their figures. The company turned to vendor Corporate Planning and implemented their CP-Suite corporate performance management software to address these issues.

The solution from Corporate Planning centered on its Corporate Planner module, which enabled a precise absorption costing model. This allowed DRYKORN to calculate individual overhead rates for each cost center, moving away from generic industry methods to a much more detailed and accurate planning process. As a result of implementing Corporate Planning's software, the company achieved a high level of accuracy in its forecasts, with plan-actual comparisons showing variances of no more than two percent, providing a consistent and verifiable foundation for corporate performance management.

DRYKORN

Gerrit Voss

Commercial Director/CFO