Leading decision-making platform vendor Board International has announced that its unified planning and analytics platform has been selected by La Perla Global Management (UK) Ltd as part of the luxury lingerie company’s digital transformation strategy.
Founded in 1954, La Perla now sells its collections through a global network of 75 stores and concessions, as well as online. As part of a strategy to further modernise the La Perla operations and increase efficiency, the retailer required a solution with the capability to bring dispersed data together and streamline financial and operational planning and analytics.
Board International was selected thanks to its wide range of use cases, as well as the flexibility of the platform which will allow La Perla to evolve its use of the technology as the business grows. The breadth of the platform’s capabilities was also a driving force in La Perla’s selection, as it will allow the company to remove point solutions, such as visualisation, business intelligence and analytics tools, from across the business, simplifying the technology stack and reducing IT costs.
“We’re delighted that La Perla has selected Board for its planning and analytics needs,” said Gavin Fallon, general manager UK, Nordics, and South Africa, Board International. “In today’s fast-paced, data-rich environment, making quick and effective decisions is critical. Our platform will give La Perla the flexibility it needs and ensure it’s able to quickly keep pace with the demands of the market.”
Board International’s unified planning and analytics platform is used by retailers around the world to bring together financial planning (including the FP&A process and financial consolidation) and operational planning (including merchandise planning, weekly sales, stock and intake, and allocation processes) with business review and control. Utilising the same data to drive the financial, merchandise and operational planning enables businesses to quickly compare actual results versus planned and respond to the evolving market conditions faced by retailers today.