Prophix in Action: LUSH Streamlines Inventory Flow

Prophix ImageProphix Jan 29, 2014, 2:00:00 PM
Company Information: Lush is an internationally recognized cosmetic retailer, specializing in natural handmade products Approximately 2,000 employees in North America 150 locations in North America Problem: Historically, LUSH's store managers would prepare purchase orders after analyzing the previous year's sales data. Unfortunately this method resulted in: Inability to accurately forecast customer demand Increased risk of lost sales, lower margins and poor customer service Solution: LUSH turned to Prophix, more specifically the Demand Planning feature to help solve their operational business needs. Using Prophix provided LUSH with a forward looking view by allowing them to measure, analyze, and validate corporate strategic plans against actual results. lush3 lush2 LUSH's ROI: 15% year-over-year revenue increase per store $500,000 savings in not-lost inventory over a two month period Decrease the in frequency of shipments, cutting costs, increasing sales opportunities, and reducing LUSH's carbon footprint And more...
Prophix Image

Prophix

Ambitious finance leaders engage with Prophix to drive progress and do their best work. Leveraging Prophix One, a Financial Performance Platform, to improve the speed and accuracy of decision-making within a harmonized user experience, global finance teams are empowered to step into the next generation of finance with no reservation. 

 Crush complexity, reduce uncertainty, and illuminate data with access to best-in-class automated insights and planning, budgeting, forecasting, reporting, and consolidation functionalities. Prophix is a private company, backed by Hg Capital, a leading investor in software and services businesses. More than 3,000 active customers across the globe rely on Prophix to achieve organizational success.

View all