ToolsGroup, in collaboration with its Greek partner THellas, has announced that SLF Greece, a distributor of KIKO MILANO products in Greece, Cyprus, Bulgaria, and Romania, has successfully implemented the ToolsGroup SO99+ software. This strategic move automates SLF Greece's omnichannel supply chain planning, shifting the company from a supply-driven to a demand-driven model.
SLF Greece is leveraging the SO99+ software to manage daily forecasting, inventory optimization, and replenishment for approximately 2500 active items across more than 30 retail stores and two distribution centers in Greece and Cyprus, with expansion plans for Bulgaria and Romania. Central planners at SLF oversee demand across various sales channels, including physical stores and online platforms, to generate optimal inventory and purchasing proposals from suppliers and inter-location stock transfers.
Tilemachos Stylianos, Chief Development Officer of Fais Group, which owns SLF Greece, expressed confidence in the project: “ToolsGroup's global leadership and local presence in Greece made SO99+ the clear choice for our advanced supply chain needs. We are very pleased with our choice and look forward to bringing significant contributions to the performance of our supply chain with this project.”
The transformation project, conducted in partnership with THellas, has enabled SLF Greece to achieve a highly automated, demand-driven planning process. It has also increased visibility and optimized inventory levels throughout its network. THellas customized the SO99+ software to integrate seamlessly with SLF's existing systems, providing specialized capabilities such as assortment plans and minimum presentation quantities at the location-couvet level. This customization supports the creation of ideal inventory targets compared to current operational levels, demonstrating financial optimization opportunities.
Goldie Panovlepi, General Manager at SLF, highlighted the impact of the SO99+ software: “The system has revolutionized our operations, automating daily store replenishment plans for Greece and Cyprus and generating purchase recommendations for our team. Strategically, it helps us identify optimal inventory targets, balancing our current practices with supply chain limitations. SO99+'s success has motivated us to expand its use to our other operating countries.”
Stathis Nikolakopoulos, Managing Director at THellas, praised the collaboration with SLF: “We are honored to collaborate with SLF's commercial and IT teams on this project. Fais Group's trust in THellas and ToolsGroup solutions for their planning process transformation underscores our position in Greece's retail sector. Modeling complex business environments and optimizing millions of daily planning decisions is challenging, requiring expertise and advanced tools. We are proud of our success and excited to deepen our partnership with Fais Group, driving even better results for their customers.”
Mauro Adorno, VP of Global Alliances and Indirect Sales at ToolsGroup, emphasized the significance of the project: “The successful implementation of ToolsGroup technology at SLF Greece exemplifies our commitment to transforming supply chain planning. This project demonstrates how ToolsGroup's solutions, combined with local expertise provided by our partner THellas, can deliver significant value to retailers facing complex supply chain challenges.”
The successful implementation of the SO99+ software at SLF Greece marks a significant advancement in supply chain management, offering a blueprint for other retailers seeking to navigate the complexities of modern supply chain operations.
