Context

In a Context of Geopolitical Uncertainties and Changes in the Behavior of Millennials, the Luxury Sector is Embarking on Sustainable Transformations:

  • Quest for intimacy between brands and their customers who are looking for individualized experiences around personalized products,
  • Ever higher expectations in terms of innovation and creation,
  • Requirement of transparency on environmental procedures and supply chains,
  • Need to rethink distribution models and the role of stores with a more domestic and less touristy clientele,
  • Establishment of the highest quality standards while aiming for industrial excellence and the sustainability of know-how.

Stakes

Value Proposition

Support the Deployment of New Distribution Models:

  • Adapt industrial schemes and storage policies,
  • Exploit data and rely on AI to obtain global visibility on the Supply Chain and propose alternative scenarios in a situation of deviation (variability of demand, of quality, etc.),
  • Engage subcontractors and suppliers in progress plans.

Optimize Innovation and Product Development Processes to Reduce Time to Market:

  • Strengthen the capitalization of technical and financial information,
  • Industrialize and standardize classic models to better animate them,
  • Develop differentiated product development processes according to the ranges.

Strengthen the Control of Supply Chains:

  • Identify and qualify the carriers of innovations,
  • Qualify the sectors according to CSR ambitions,
  • Organize and manage monitoring and security actions.

Business Cases

References

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Our practices related to the Luxury sector