ToolsGroup and THellas Revolutionize SLF Greece's Supply Chain with SO99+ Software

ToolsGroup and its Greek partner, THellas, have announced that SLF Greece, a distributor of KIKO MILANO products in Greece, Cyprus, Bulgaria, and Romania, has successfully implemented the ToolsGroup SO99+ software. This development marks a significant shift from a supply-driven to a demand-driven supply chain model for SLF Greece, automating their omnichannel supply chain planning processes.

The implementation of ToolsGroup SO99+ allows SLF Greece to manage daily forecasting, inventory optimization, and replenishment for approximately 2,500 active items across more than 30 retail stores and two distribution centers in Greece and Cyprus. The company plans to extend this system to its operations in Bulgaria and Romania. Two central planners now oversee demand across SLF's sales channels, including physical stores and online sales, generating optimal inventory and purchasing proposals from suppliers and facilitating inter-location stock transfers.

Tilemachos Stylianos, Chief Development Officer of Fais Group, stated, “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 significant contributions to our supply chain performance with this project.”

This transformation has resulted in a highly automated, demand-driven planning process, increased visibility, and optimized inventory levels throughout SLF's network. THellas customized SO99+ to integrate seamlessly with SLF's systems, providing tailored capabilities such as assortment plans and minimum presentation quantities at the location level. The implementation supports the creation of ideal inventory targets compared to current operational levels and business parameters, offering financial optimization opportunities.

Goldie Panovlepi, General Manager at SLF, highlighted the benefits of the new system, stating, “The system has revolutionized our operations, automating daily store replenishment plans for Greece and Cyprus while generating purchase recommendations for our team. SO99+ helps us identify optimal inventory targets, balancing our current practices with supply chain limitations. Its success has motivated us to expand SO99+ to our other operating countries.”

Stathis Nikolakopoulos, Managing Director at THellas, expressed pride in the collaboration, saying, “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. 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 Global Alliances and Indirect Sales at ToolsGroup, added, “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 adoption of ToolsGroup SO99+ by SLF Greece represents a significant advancement in the company's supply chain management, potentially setting a new standard for efficiency and optimization in the region's retail sector.