Financial
Planning
- Synchronization of financial and merchandise budgets
- Supports a multi-level sales-hierarchy i.e. country-location-store type-store
- Supports a multi-channel strategy: online, stores, shop-in-shop, corners, etc.
- Unlimited number of versions
- Easy seeding of a new financial budget based on KPI’s and targets
- Time buckets can be weeks, 4-4-5 weeks, months or any other definition
- Extensive information of historic sales and budgets
- Financial plan on total and product hierarchy level and split by season
- Online information about sales, markdown, pieces, retail price, gross profit and cost price
Merchandise
Planning
- Free definition of start & end date of seasons including overlap
- Top-down and bottom-up seasonal planning
- Online information from comparable seasons
- Easy seeding of a new merchandise plan based on financial planning
- Up to ten levels in the product hierarchy and free number of attributes
- Smart handling of never out of stock
- Save up and down in the planning hierarchy
- Range control via targets for #styles and #options
- Balance function for easy smoothing of discrepancies between different hierarchy levels
Assortment
Planning
- Placeholders to support the buyers with setting of the range
- Monitors the assortment plan with the top line merchandise plan
- Automatic upload and mapping of styles and colors with ERP
- Possibility to look up and review the collection book including images
- Overview of budget and planned style colors per free defined time buckets
- Easy creation of new articles with copy functions
- Up to fifty free-definable columns
- Possibility to carry out pre-defined calculations
- Upload of purchase order lines to ERP system
- Online information about pending purchase orders and stock of style colors in assortment plan
Open to buy,
OTB/WSSI
- Multiple seasons and calendar on one screen
- Easy to use “shopping list” for buyers via email
- Weekly monitoring of sales, markdown, margin, forward cover, closing stock and OTB (WSSI)
- Visibility of expected and required closing stock: what-if simulations
- In-season reforecast
- Pre-season and in-season
- Time buckets can be weeks, 4-4-5 weeks, months or any other definition
- Plan forward cover and stock rotation
- System supported achievement of required closing stock
- Easy seeding of sales and markdown budgets for old stock using historic sell-thru & markdowns and required closing stock percentage
- Budget split over time buckets using historic sales and markdown profiles per plan level
- Smart handling of never out of stock
- Alignment of financial and merchandise budget
Markdown
Planning
- Optimal timing, frequency and depth of markdowns to maximize profit
- Markdown proposals based on actual versus ideal sell-thru and product life cycle
- Calculates impact of markdown proposals on gross profit
- Ability to round prices or to work with price points
- Age based and cost based markdown proposals for older stock
- Ideal sell-thru curves based on reference products
- Easy definition of required sell-thru curves with graphics
- Extensive pre-defined rules like maximum number of price changes, number of days between price changes, minimum number of days without markdown after campaigns
- Priority values for easy selection of markdown proposals with highest priority
- Extensive reporting based on actual sell-thru per style color: bestseller analysis
- All proposal and markdown relevant information in one spreadsheet
- Easy upload of new retail prices to ERP system
