Infor, a prominent player in the cloud software industry, recently unveiled a series of platform technologies and improvements to its industry-specific CloudSuites. This is part of Infor’s new bi-annual initiative for major product launches. Among these new products, Infor is specifically enhancing its CloudSuite solution for the fashion industry by introducing new capabilities. The aim is to introduce novel features that facilitate sustainable product innovation, aid fashion brands in driving profitability, staying adaptable to trends, and expanding their operations. Additionally, Infor also rolled out new technologies like the Robotic Process Automation (RPA) for its wide clientele.
Soma Somasundaram, President and CTO of Infor, expressed that the October 2023 release empowers customers to enhance agility, utilise data-driven insights for more informed decision-making, and effortlessly access industry-specific solutions. These innovations are tailored to automate business processes, accelerate business outcomes, and set the stage for business transformation.
Here are some noteworthy takeaways for the fashion industry from Infor’s latest product release:
- Infor PLM for Fashion: Infor’s Product Lifecycle Management (PLM) solution revolutionizes decision-making for fashion brands, fostering intelligence and sustainability. It assists in the design and development of new collections and styles while considering costs, materials, environmental impacts, and more.
- Infor Nexus Supply Chain Network Capabilities: These capabilities empower fashion brands to gain enhanced transparency and control over their global sourcing supply chain. The Infor Nexus network offers comprehensive supply chain visibility, encompassing “plan to ship,” carrier routes, automated advanced shipping notices (ASNs), and streamlined invoice processing.
- Merchandise and Assortment Planning Partnership: This enables smart planning and speeds up deployment with pre-configured, customizable templates. In partnership with Foresight Retail, Infor’s CloudSuite Fashion provides smarter assortment and merchandise planning by managing financial planning, assortment planning, forecasting, inventory allocation, and replenishment support in one platform.
Infor also unveiled the Infor Enterprise Automation solution, a suite of Infor Operating Service (Infor OS) multi-tenant cloud services hosted on Amazon Web Services (AWS). This solution is designed to facilitate swift scaling of automation across organizations by integrating data integration, artificial intelligence (AI)/machine learning (ML), and robotic process automation (RPA) capabilities into a unified platform.
The new product release cycle is anticipated to empower organizations to plan effectively for integrating these technologies, enabling them to transform their businesses and enhance customer service.