Product Development and Supply Chain Services

Our objective is to vastly improve our clients’ forecast accuracy, minimize exceptions, and optimize sales. We implement solutions and design the business processes and organizational roles to most effectively adopt new forecasting tools and skills. Further, we provide several implementation alternatives for Parker Avery’s advanced analytics-driven demand platform to address a client’s appetite to absorb new forecasting approaches and their level of sophistication.

We support initiatives and strategies throughout the entire product lifecycle, from initial product inception through detailed design, vendor identification, sampling, costing, and product adoption. We help reduce product development timelines and align them with merchandising calendars, enable collaboration with key trading partners, and focus event management on key pre-production and production milestones. Further, Parker Avery focuses on optimizing sourcing, collaborating with vendors, and identifying enabling tools to improve the quality and execution of bringing new products to market.

Our supply chain services include helping retailers develop and improve their omnichannel allocation and replenishment processes, as well as selecting and implementing solutions as part of a total distribution strategy. Parker Avery’s subject matter experts help define the best approach to optimizing inventory across the fleet of stores and distribution centers, as well as managing overall inventory levels to best support sales. Our approach includes analysis of store grading, prioritization rules, forecasting, release logic, and distribution capacity. Our objective is to drive turn, improve service levels, and optimize margins while reducing inventory and carrying costs.

We help you accurately and efficiently manage inventory across channels to ensure efficient buying and in-season management. We assess the current inventory management environment and outline a roadmap with prioritized initiatives to deliver desired capabilities. This actionable roadmap focuses on business processes, supporting systems, and organizational roles and responsibilities. Further, we provide deep experience evaluating and implementing inventory management solutions from leading application vendors. Typical results include higher margins, increased operating efficiency, and reduced inventory investment.