Case Study: Global Licensed Apparel Supplier achieves 70% sales lift, halved lead times and 55% business growth with Thrive Technologies' Vendor Managed Inventory

How A Global Licensed Apparel Supplier Is Exceeding The Inventory Expectations Of A Major U.s. Department Store Chain

Global Licensed Apprael Supplier, a worldwide provider of licensed apparel and accessories supplying a major U.S. department store chain, struggled with volatile inventory levels, high carrying costs, frequent stockouts and manual planning that threatened the retailer relationship. To replace spreadsheets and stabilize replenishment, the customer adopted Thrive Technologies’ Vendor Managed Inventory software.

Thrive Technologies implemented VMI that ingests ERP POS, on‑hand and in‑transit data, forecasts demand, generates optimal orders, rolls requirements to distribution centers, and returns suggested POs and analytics to the ERP. The outcome: styles managed in VMI grew from 11 to 21, lead times were cut in half, customer sales increased about 70%, the supplier’s business grew 55% year-over-year, and new styles are now onboarded in three months instead of after a year.