{"id":257,"date":"2021-01-08T13:18:08","date_gmt":"2021-01-08T07:48:08","guid":{"rendered":"https:\/\/www.turningcloud.com\/blog\/?p=257"},"modified":"2021-01-11T16:57:40","modified_gmt":"2021-01-11T11:27:40","slug":"empowering-the-fashion-and-retail-industry","status":"publish","type":"post","link":"https:\/\/www.turningcloud.com\/blog\/empowering-the-fashion-and-retail-industry\/","title":{"rendered":"Supplymint\u2019s Proactive Network &#8211; How Supplymint is Empowering the Fashion and Retail Industry"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.turningcloud.com\/blog\/wp-content\/uploads\/2021\/01\/supplymints-proactive-network-1024x672.png\" alt=\"supplymint&#039;s proactive network\" width=\"525\" height=\"345\" class=\"alignnone size-large wp-image-262\" srcset=\"https:\/\/www.turningcloud.com\/blog\/wp-content\/uploads\/2021\/01\/supplymints-proactive-network.png 1024w, https:\/\/www.turningcloud.com\/blog\/wp-content\/uploads\/2021\/01\/supplymints-proactive-network-300x197.png 300w, https:\/\/www.turningcloud.com\/blog\/wp-content\/uploads\/2021\/01\/supplymints-proactive-network-768x504.png 768w\" sizes=\"(max-width: 525px) 100vw, 525px\" \/><br \/>\nWe\u2019re all aware of the fact that private consumption today is the primary driver of economic growth in India. But what most people don\u2019t know is that the merchandise retail market will mark a relatively high share of 10.7% of private consumption by 2022.<\/p>\n<p><strong>Supplymint for the Fashion and Retail Industry<\/strong><br \/>\nThe fashion and retail industry has been running their work physically for decades now. But, with the changing times, the demand for digital solutions is on a surge. Consumers have set a standard for brands to make it convenient. They\u2019re demanding brands to come up with tech-savvy solutions for their ease and comfort. This puts the fashion and retail industry in a puzzling position. So, to support digitization in the entire integrated retail planning process, Supplymint has come up with plenty of solutions.<\/p>\n<p><strong>Supplymint\u2019s Proactive Network \u2013 Marking a Powerful Digitisation Shift in Supply Chain Management<\/strong><br \/>\nToday, we\u2019ll talk about our proactive network that has evolved and continues to do so with our solutions. Escalating their digitisation journey with us, <strong><a href=\"https:\/\/www.skechers.in\/\">Sketchers<\/a> <\/strong>uses our AI-powered solution for Replenishment and Smart Allocation. This solution gives them the benefit to overcome traditional challenges of scale &#038; complexity, lost sales, excess &#038; stagnant inventory, stock balancing, lead time, alternate transport mode, performance-based allocation of stores &#038; items, and complex analytics, within just a few clicks. Our ARS module brings together a collection of services that looks after inventory planning, automated replenishment, and smart allocation, all of which directly result in bringing forward a positive financial result.<\/p>\n<p><strong>Experiencing it with Supplymint<\/strong><br \/>\nCompanies like <strong><a href=\"https:\/\/www.vmartretail.com\/\">V-Mart<\/a><\/strong>, <strong>CMR<\/strong>, <strong><a href=\"https:\/\/www.jcbrothers.net\/\">JC Brothers<\/a><\/strong>, <strong><a href=\"https:\/\/www.rsbrothers.net\/\">RS Brothers<\/a><\/strong>, and <strong>Nysaa<\/strong> have also found their businesses growing stronger with the use of our solution for Digital Procurement. Since we\u2019ve made procurement easy and digital, the productivity, data errors, roles &#038; authorisation control, and audit trail &#038; analytics for all these companies have taken a hit and filled up the gaps for the lack of structured processes, inefficiency &#038; wastage of resources, adherence to policies, and tracking &#038; collaboration. Our one-stop solution has paved a way for these companies to plan for the bigger events while we take care of the system that works within.<\/p>\n<p>We\u2019re also proactively looking after the Digital Vendor Management and Collaboration for <strong><a href=\"https:\/\/www.vmartretail.com\/\">V-Mart<\/a><\/strong> and <strong><a href=\"https:\/\/www.stylebaazar.com\/\">Style Bazaar<\/a><\/strong> who take benefits from us like total visibility\/transparency &#038; analytics in shipment tracking and vendor management. With our product providing them the easiest platform to handle multiple vendor relations in the least possible time, they\u2019re bound to succeed.<\/p>\n<p><strong>Conclusion<\/strong><br \/>\nBuilding the bricks together, Supplymint has become a successful AI-powered digital planning and operations solution that continues to rigorously support its proactive network in powerfully making their way through the digital evolution in the complex retail industry. With our constantly evolving environment that brings better financial results and our mission to become the most valuable partners to all our customers, we\u2019ve brought changes only for the better. The companies using our solutions are getting their best supply chain management experience with every passing day.<\/p>\n<p>To keep up with our journey and updates, stay tuned on <strong><a href=\"https:\/\/www.facebook.com\/supplymint1\" rel=\"noopener noreferrer\" target=\"_blank\">Facebook<\/a><\/strong>, <strong><a href=\"https:\/\/twitter.com\/supplymint\" rel=\"noopener noreferrer\" target=\"_blank\">Twitter<\/a><\/strong>, and <strong><a href=\"https:\/\/in.linkedin.com\/showcase\/supplymint\" rel=\"noopener noreferrer\" target=\"_blank\">LinkedIn<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re all aware of the fact that private consumption today is the primary driver of economic growth in India. But what most people don\u2019t know is that the merchandise retail market will mark a relatively high share of 10.7% of private consumption by 2022. Supplymint for the Fashion and Retail Industry The fashion and retail&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-257","post","type-post","status-publish","format-standard","hentry","category-supplychain"],"_links":{"self":[{"href":"https:\/\/www.turningcloud.com\/blog\/wp-json\/wp\/v2\/posts\/257"}],"collection":[{"href":"https:\/\/www.turningcloud.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turningcloud.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turningcloud.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turningcloud.com\/blog\/wp-json\/wp\/v2\/comments?post=257"}],"version-history":[{"count":9,"href":"https:\/\/www.turningcloud.com\/blog\/wp-json\/wp\/v2\/posts\/257\/revisions"}],"predecessor-version":[{"id":268,"href":"https:\/\/www.turningcloud.com\/blog\/wp-json\/wp\/v2\/posts\/257\/revisions\/268"}],"wp:attachment":[{"href":"https:\/\/www.turningcloud.com\/blog\/wp-json\/wp\/v2\/media?parent=257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turningcloud.com\/blog\/wp-json\/wp\/v2\/categories?post=257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turningcloud.com\/blog\/wp-json\/wp\/v2\/tags?post=257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}