Advertisement
06/22/2020

Saks Staying Fashion Fresh with New Digital Curation Platform

Lisa Johnston
Managing Editor
Lisa Johnston profile picture

Saks Fifth Avenue is streamlining its inventory buying and merchandising capabilities with the help of a new tech platform.

The apparel retailer has teamed with NuORDER, a B2B e-commerce and retail assortment solutions provider, to digitally curate and deliver a fresh merchandise assortment across the apparel, footwear and accessory verticals. It’s also expected to help the Saks buying team more efficiently identify merchandising opportunities aligned with seasonal trends and customer expectations.

Tracy Margolies, Saks Fifth Avenue chief merchant, said the company has been evolving its merchandise strategy to maintain leadership in the luxury retail space and deliver the optimal product mix for its customers. “While these efforts have been underway for some time, the current environment has given us the opportunity to accelerate our plans,” Margolies noted.

See also: Casey’s Making Moves in Merchandising Evolution

The adoption of the NuORDER platform is projected to aid collaboration with Saks’ vendor partners, as well as drive inventory efficiency and ensure merchandise effectiveness across all touchpoints.

Saks plans to utilize NuORDER’s technology across its buying, planning, digital and marketing functions so it can apply a more data-driven approach in decision making, forecasting and performance analytics. Its vendors, meanwhile, will have access to a more streamlined and integrated selling experience through the use of centralized, digital linesheets and catalogs. They will also be able to collaborate in real-time.

  • 5 Reasons Why a CDP is Core to a Retailer’s CX Strategy in the New Normal

    For those retailers who are looking to up their customer engagement game in the channel of their choosing, here is how the right customer data platform can be utilized as a powerful agent of change. 
    shape
  • Ralph Niebles, Ash Mehra, France Roy, Ricky Joshi Join Analytics Unite 2021

    Don't miss this virtual experience, held May 18-20!
    Cheryl Perkins et al. posing for a photo
  • 1-800-Flowers.com Gears up for Mother’s Day and the Year Ahead

    1-800-Flowers.com has launched a new multifaceted video campaign in time for the Mother's Day holiday and reported e-commerce growth of 83%.
    logo, company name