
AGILITY
Does your business have the agility to adapt to the latest trends?
Agility has long been a buzzword in business and there’s a very good reason for that. Businesses that lack agility struggle to adapt to the latest trends and ultimately lose out on valuable opportunities and revenue, typically due to being bogged down by legacy systems and unsuitable processes.
33%
Early adopters of digital ERP were 33% more likely to have capitalised on the eCommerce boom
57%
57% of apparel and footwear directors said they weren’t agile enough to capitalise on the eCommerce boom during the pandemic
33%
33% of consumers would stop using a retailer for not offering the services they want to see, highlighting how brands need the agility to adapt to changing consumer demands
Four key reasons why you need an agile strategy:
Increase profitability:
Agile solutions enable you to quickly and effortlessly adapt to the latest changes in consumer behaviour, ensuring you can win over new business and increase profitability.
Manage stock in real-time:
With an agile solution, you can manage stock in real-time, allowing you to have greater control over where stock goes, as well as being able to fulfil orders optimally and deal with returns efficiently.
Capitalise on emerging opportunities:
Agile solutions enable you to integrate with your legacy platforms and tap into new opportunities, like omnichannel retail, without ripping and replacing your existing systems.
Optimise development processes and routing efficiency:
By implementing an agile solution, you can optimise design and manufacturing processes and routing efficiency, allowing you to have greater control over the production of items on a detailed level with the ability to specify per colour, size, or fit.
How K3 can help you with agility
Meet the latest changes in consumer behaviour:
Our solutions offer various functionalities that meet the latest changes in consumer behaviour to ensure that you can easily tap into new trends and increase profitability.
Complete control over manufacturing and design processes:
Our fashion solutions provide complete control over production processes to ensure that you can effortlessly control items on a detailed level with the ability to specify per colour, size, or fit.
Handle stock efficiently:
Our solutions provide complete visibility over stock in real-time, enabling you to easily control where stock goes, fulfil orders quickly, and deal with returns without hassle.
No need to rip and replace systems:
Our fashion and retail solutions are extensible and facilitate easy integrations with your legacy systems to ensure you can capitalise on emerging opportunities without having to rip and replace your current platforms.
K3 – here to support you no matter where you are on your concept-to-consumer journey
As part of our mission to transform fashion and retail for good, it’s essential that we support businesses throughout the entire concept-to-consumer journey. That’s why we’ve developed our solutions in a way that provides businesses with the agility to meet any challenge head on.
Design & Planning
If you’re lacking agility in your planning and design phases, we have a couple of solutions that can help support you. For example:
- K3 Fashion and K3 Pebblestone enable you to quickly and retroactively change orders in the presales process based on market feedback and demand.
- K3 Fashion and K3 Pebblestone give you the agility needed to handle multiple product dimensions, like colour, size, and fit, without hassle.
Sales
If you’re lacking agility in your sales phase, we have a couple of solutions that can help support you. For example:
- K3 Fashion and K3 Pebblestone utilise ratio curves and prepacks that enable you to quickly enter large numbers of items when creating sales orders to save time and boost efficiency.
- K3 Fashion and K3 Pebblestone ensure you can effortlessly create a sales order in consignment to return any unsold goods at the end of the season and maximise your margins.
Procurement & Manufacturing
If you’re lacking agility in your procurement and manufacturing phase, we have a couple of solutions to help support you. For example:
- K3 Fashion and K3 Pebblestone enable you to mass update thousands of order lines with a complete overview to boost efficiency and save valuable time.
- K3 Fashion and K3 Pebblestone enable you to easily maintain your Bill of Materials on a colour or size level to ensure maximum flexibility within your manufacturing processes.
- K3 Fashion and K3 Pebblestone empower you to have complete control over manufacturing and design processes and ensure that you can effortlessly control items on a detailed level with the ability to specify per colour, size, or fit.
- K3 Fashion and K3 Pebblestone provide you with intuitive matrices that enable you to restock your inventory quickly.
- K3 Fashion and K3 Pebblestone give you the agility to rapidly respond to unexpected changes within your supply chain to ensure that last-minute interruptions have little impact on your operations.
Distribution
If you’re lacking agility in your distribution phase, we have numerous solutions that can help support you. For example:
- K3 Fashion, K3 Pebblestone, and K3 Imagine give you the agility to manage your stock in real time, ensuring you to have greater control over where it goes and to fulfil orders optimally.
- K3 Pebblestone offers you the agility to manage containers and shipping, and their respective routes, with minimal hassle to ensure that everything goes to plan.
- K3 Fashion and K3 Pebblestone provide you with the agility to rapidly respond to unexpected changes within your supply chain to ensure that last-minute interruptions have little impact on your operations.
Retail
If you’re lacking agility in your retail phase, we have numerous solutions that can help support you. For example:
- K3 Fashion, K3 Pebblestone, and K3 Imagine provide you with the agility to manage your stock in real-time, ensuring you have greater control over where it goes, as well as being able to fulfil orders optimally.
- K3 Imagine gives you the agility you need to deal with Pricing and Promotions to maximise sell-through and reduce surplus stock.
- K3 Fashion and K3 Pebblestone give you the agility to recall inventory from stores to warehouses based on the remaining quantities.
- K3 Fashion and K3 Pebblestone offers you the agility to rapidly respond to unexpected changes within your supply chain to ensure that last-minute interruptions have little impact on your operations.
- K3 Fashion, K3 Pebblestone, and K3 Imagine provide you with the agility to meet the ever-changing needs of consumers without hassle and ensure you deliver an impeccable customer experience (CX).
Helpful resources
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