Integrated Merchandise Planning, Retail Forecasting, Store Allocation and Replenishment
The success of a retail business hinges on accurate forecasting and inventory planning that meets customer demands at the right time and place. Merchandise Planning and Execution provides functionality for all stages of merchandising — from budget planning and demand forecasting to purchase planning, allocation and replenishment.
The demand-driven solution is designed to let you plan assortments, optimize product allocation, develop effective pricing and mark-down strategies for faster sell-through and accurately replenish inventory — all to reduce operating costs and increase sales.
The solution combines three core modules including:
Planning and Open-to-Buy Budget
Strategic budget planning and allocation for optimal inventory investment.
Purchase Planning and Allocation
Efficient purchase planning with smart allocation across locations.
Product Forecasting and Replenishment
Accurate demand forecasting and automated replenishment processes.