CHICAGO — Federated Department Stores is developing collaborative planning, forecasting and replenishment, or CPFR, with Liz Claiborne that could become a model for the industry.
"We need a big breakthrough — a program that makes a strong case for adapting the movement," said Tom Cole, chairman of Federated Logistics and Systems, at a panel discussion on "executing for supply-chain excellence and profitability" at the Retail Systems Conference and Exposition at McCormick Place in Chicago last month.
As far as the industry embracing CPFR: "We’re not doing as well as we could," he said, adding that many merchandising executives are leery because of the technological demands and competitive concerns. "We’re still at arm’s length with many vendors."
Like Quick Response, CPFR emphasizes the need for what Cole termed "a glass pipeline" so that vendors and retailers can streamline and automate forecasting and replenishment programs. The main difference is that CPFR gives the Internet — almost unknown a decade ago — a key role in the process. Cole later described the program with Claiborne as a CPFR test involving a few divisions of Claiborne. "It’s a small program at the beginning of the cycle, but we have a tremendous belief that we can work better together."
On another technology front, Wal-Mart is testing auto-identification technology [basically the same as radio frequency ID, the next generation of the bar code.] at a Sam’s Club in Tulsa, Okla., while Target will begin a program involving frozen food and auto-technology this summer, according to Paul Singer, senior vice president and chief information officer of Target Corp.
Singer believes bar codes — the ubiquitous merchandise tracking system used by most large vendors and retailers — might be history within a decade. He said they’ll be replaced by auto-ID technology, a system being developed at MIT and other universities. The system employs computer microchips embedded in products and devices to scan and read the information contained on the chips. Singer’s remarks came during another conference seminar entitled, "Extend Scanning Beyond the Line of Sight."
Auto-ID technology will enable unprecedented automation at all levels of the supply chain, said Singer. An example, he said is smart store fixtures that track everything from shrinkage to how long items have been on shelves. Key to processing enormous amounts of information in a timely manner, he added, will be a new generation of computers making decisions without human input.
Breaking News: @louisvuitton's men's artistic director @mrkimjones is leaving the French fashion house after nearly 7 years. Jones joined Louis Vuitton in 2011, following a three year tenure as creative director of British luxury goods brand Alfred Dunhill. Jones is to exit Louis Vuitton after showing his fall 2018 collection for the brand in Paris on Thursday. Read the full exclusive story on WWD.com. Link in bio. #wwdnews #wwdfashion
For men’s fall 2018, @giuseppezanotti drew on elements from streetwear, sport, biker, combat and rock ‘n’ roll. Pictured here are a pair of shoes from the collection, featuring zippers, rhinestones, and silver hardware. Head to WWD.com to see a roundup of the accessories from Milan’s men’s fall 2018 shows. #wwdfashion (📷: Andrea Delb)
To celebrate the 25th anniversary of @ralphlauren’s snowboarding collection, the brand is mining its archives. The iconic brand is reintroducing vintage styles and dropping new designs for a color capsule that will be available in Ralph Lauren stores and @openingceremony on January 25. The capsule will consist of 10 pieces, including the Snow Beach Pullover, pictured here, which is a collector’s item that rapper Raekwon wore in Wu-Tang Clan’s “Can It Be All So Simple” video. #wwdfashion (📷: Tom Gould)
For @rochasofficial’s pre-fall 2018 collection, creative director Alessandro Dell’Acqua channeled the sophisticated and intriguing Catherine Denevue in the film “Belle de Jour.” Polished collarless coats, midi skirts, suits and ’60s graphic motifs were all featured in the collection, adding a sense of discreet luxury. See the rest of the photos on WWD.com #wwdfashion
“We tried to produce clothing of that couture quality, but the most daunting part was that we only had a matter of days [to do it],” said costume designer Lou Eyrich, who recreated Gianni Versace’s iconic looks for @americancrimestoryfx. Eyrich searched online retailers and vintage shops for original pieces from the design house and for @penelopecruzoficial, who plays Donatella Versace. Head to WWD.com to read how she created the Versace world. #wwdfashion
Only three months after her stellar debut catwalk season, @kaiagerber has inked her first big design collaboration –– with @karllagerfeld. The collection blends Lagerfeld’s Parisian chic aesthetic and the model’s signature West Coast casual style via RTW, accessories, footwear and more. The #KarlLagerfeldxKaia collection will launch in September with a series of events. Get all the details on WWD.com. #wwdnews #wwdfashion
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews