Press Release - LUXASIA
Published on: Mar 4, 2016
Transcripts - Press Release - LUXASIA
Paris, June, 2015
LUXASIA Deploys FuturMaster Demand Management
to Centralise Planning Organisation and Improve Visibility
LUXASIA Group, Asia’s cosmetics market leader have chosen FuturMaster, a supply chain software
company, to manage its forecasting activities. The deployment of FuturMaster’s ‘Demand Management’
solution will allow LUXASIA to boost its operational and financial performance by achieving
improvements in forecast accuracy and productivity.
A centralised collaboration platform for better efficiency
Founded in 1986 in Singapore, LUXASIA have grown into a regional business with over 2200 staff and
a vast distribution network in 11 APAC countries, including Singapore, Indonesia, China and Hong Kong.
Distributing over 120 famous luxury brands, LUXASIA has been able to support its growth in a highly
The challenge for the company was to increase the added value offered to its external stakeholders and
streamline its internal processes. “As a company, we constantly strive to improve our consumer offering,
increase productivity & bring more added value to our business partners through our regional platform.
We wanted to improve the efficiency of our supply chain centrally by leveraging on FuturMaster’s
demand management solution,” comments Sabrina Chong, Head of Corporate Development at
Following a tender process, LUXASIA chose FuturMaster’s unique comprehensive solution which is able
to meet the supply chain needs of the Group and help LUXASIA make continued improvements in
forecast accuracy. Using FuturMaster for its demand management activities, LUXASIA will be able to
benefit from increased visibility across both supply chain stakeholders & teams and cut down operating
costs by optimizing inventory turns and reducing inventory.
FuturMaster was able to demonstrate remarkable improvements in forecast accuracy compared to
competing solutions during the tender process. In addition, FuturMaster will provide LUXASIA with staff
training and advise management on the industry’s best practices in order to achieve maximum results.
“We chose FuturMaster for their proven expertise in supply chain and the team’s in-depth knowledge of
the cosmetics industry. We will rely on the assistance and continuous support of FuturMaster for our
process redesign,” explains Mourad Miloudi, Head of Supply Chain at LUXASIA.
“We are glad to affirm the rationality of our strategic decision to reinforce FuturMaster’s presence in the
region. We believe this project with LUXASIA illustrates the maturity of the Asian markets as well as
FuturMaster’s commitment and capacity to stay close to its clients and support them worldwide,”
comments Michel Ramis, Executive Vice President, Sales at FuturMaster.
The LUXASIA Group is a cosmetics market leader in Asia. Established in 1986, the Group has grown
regionally to include 11 offices and over 2200 full-time employees spanning 11 countries, namely
Singapore, Malaysia, Indonesia, Thailand, Philippines, Taiwan, Hong Kong, China, India, Myanmar and
Vietnam. With established offices staffed by passionate and driven locals in each country, the Group is
able to combine its global perspective with the local expertise necessary to address the trends of each
The Group’s uniqueness lies in the diversity of brands in its portfolio and its ability to work alongside
established market leaders such as Beiersdorf, Clarins, P&G, PUIG and the Shiseido Group. In 2005, a
joint-venture with the Coty Group saw the birth of Coty Prestige South East Asia Pte Ltd, the fruition of
many years of strong partnership and mutual success. In 2011, the Group also formed a joint venture
with the LVMH Group to cover Southeast Asia.
Founded in 1994, FuturMaster is a software company specialising in Supply Chain Management. Its
solutions accompany and support organisations in the performance and optimisation of their global
supply chain network. FuturMaster’s consultants are industry experts specialising in sales forecasting,
demand planning, distribution, production, procurement and scheduling, as well as global supply chain
optimisation. Publisher, distributor and integrator, FuturMaster’s know-how and expertise extends
worldwide with the solution already established in over 65 countries. FuturMaster’s offices are based in
France, the United Kingdom, China and Singapore, and they have recently opened offices in South
America. The company now employs 120 people worldwide and has a turnover of € 12.9 million