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For the CFO and Buying & Merchandising Director he was requested to undertake an initial feasibility study and RFP for the adoption of COTS to bring about a common way of working for the Italian buyers and merchandisers of this fashion retailer.
He was the chosen consultant to provide Solution Architecture & Programme Management on an interim basis for Conbipel S.A., an Italian fashion retailer. The engagement was part of a wider turnaround programme for this recently acquired and distressed business.
The Executive team were driving a turnaround of this established fashion retailer (170 stores) following acquisition by Oaktree Capital Management (their private equity investors).
He was responsible for programme management and business transformation consultancy on the selection of systems covering financial budgeting & reporting, Retail Merchandise & Assortment Planning and Supply Chain with the vendors. The tasks were to be serial based on successful communication at board level and approval.
He was to capture and document the business requirements and undertake a feasibility study to ascertain the opportunity to cost along with a long list of possible vendors for this kind of undertaking.
He was quickly requested to move to a formal RFP stage and facilitate key stakeholders with an evaluation of the various short-listed vendors.
Following vendor selection, he was tasked with all the contractual negotiation, project planning, vendor & IT/IS change management.
He was subsequently tasked to led the programme for the solution design and, interfacing with their existing SAP core merchandise management system, configuration development, testing, and ensuring go-live readiness.
His key actions included:
His leadership and efforts resulted in:
Financial Performance: By 2014, Conbipel reported revenues of €223 million and an EBITDA of €20 million, with projections to reach €27–28 million in 2015.
Retail Expansion: The company expanded its retail footprint, opening 11 new stores while closing 5, indicating a strategic approach to growth and store location.