Risk Merchandising, a set of proprietary software and process technologies designed to help manufacturers and retailers accurately match supply with demand for unpredictable, short lifecycle products, is the latest software launch from SupplyChainge.

The company's 10-day global order cycles were developed and tested at Harvard Business School. The result, Risk Merchandising, is believed to be the only industry-specific solution that significantly reduces the softgoods industry's long product lead times and related high costs of markdowns and stockouts.

"Already implemented successfully at our Bangalore manufacturing facility, Risk Merchandising fills a void in the SCM market for a modular solution for optimising the entire inbound supply chain process," said Manas Fuloria, chief technology officer and co-founder of SupplyChainge.

"Manufacturers and retailers are continually challenged by the complex sourcing and contract manufacturing networks of the soft goods industry. Risk Merchandising helps companies define and seize the enormous opportunity to improve their margins by increasing the speed and flexibility of these networks through a combination of better process and new supply optimisation."

By applying Risk Merchandising to capacity plans, raw materials sourcing, and factory production - the most critical elements of the inbound supply chain - it is suggested that softgoods companies can reduce inventories by as much as 75 per cent within 2-3 months of implementation; shorten factory-to-store global product cycle times from several months to 10 days; and match supply with demand in high-risk retail environments.