TXT Retail, an Aptos company and provider of end-to-end merchandise lifecycle management (MLM) solutions, has announced that the Future Group has successfully deployed its MLM solution across its Big Bazaar chain.
Thanks to reference processes and a pre-configured optimised solution framework honed through TXT Retail’s experience with hundreds of customers globally, Future Group leveraged the TXT AgileFit deployment methodology which accelerates deployment and time to benefit.
Now, with the deployment, Future Group manages the complete spectrum of its merchandising processes: merchandise financial planning, assortment planning, open-to-buy, allocation and replenishment for more than 45,000 product options with TXT Retail.
The project, which involves 100 users across the organisation, has been a joint delivery with Ptex, TXT Retail’s implementation partner in India.
TXT Retail supports Future Group to set its global collection targets and to derive the best buying and assortment plans to meet demand.
Rakesh Biyani, joint managing director of Future Group said, “The successful go live at Big Bazaar and synergies between our companies prove that partnering with TXT Retail to support our growth has been the right choice. With the extensive socio-economic changes that India has undergone in the last decade, consumers’ needs and requirements are evolving fast. TXT Retail’s end-to-end planning capabilities help translate the deep understanding of the Indian society that our group has developed into precise merchandising decisions and tailored assortments to our customers.”
With the go live at Big Bazaar, the deployment of TXT Retail is now being extended to Future Group’s complete retail portfolio including Central department stores and Brand Factory, India’s largest fashion discount store chain.
