Neiman Marcus Group is enhancing buyer-supplier relationships through collaborative, real-time reporting.
Sky IT Group, an online vendor-selling reporting platform, announced its partnership with Neiman Marcus in leveraging Sky’s SaaS application Skypad to track, create, and distribute weekly sales and inventory data across their many suppliers. The solution, "Skypad for NMG," will empower suppliers with access to size and store level sales and inventory performance within several industry-best-practice reporting views imbedded with customizable and collaborative capabilities.
The program is designed to improve buyer and supplier collaboration, strengthen business analysis, target product allocation and reorder opportunities, all while increasing sales and reducing markdowns.
"Our industry structure and dynamics continue to change at an accelerating pace,” stated Nathan Johnson, senior VP, merchandise We believe strongly that with the use of tools like Skypad we can enable greater collaboration between our teams and our brands, with better insights and faster execution."