Planning & Buying
For merchandising, inventory control & management and loss prevention
The Planning and Buying module analyzes product allocation, setup, adjustments, orders, pricing, and sales data to identify inventory distortion opportunities originating from upstream behaviors across the value chain.
Benefits
- Identify product inventory distortion originating from sourcing, manufacturing, warehousing and distribution activities
- Minimize tasks at the store by resolving inventory distortion opportunities further up in the supply chain
- Identify setup, quality, compliance and delivery issues related to new product introductions
- Improve product and brand owners decision making by providing complete visibility to product profitability metrics
- Enhance associate productivity by focusing on highlighted opportunities rather than data gathering and processing
- Improve sourcing and buying decisions with enhanced fact-based negotiation
- Track KPIs to spot irregularities and patterns related to the interaction of planners and buyers with stores and suppliers
- Communicate best practice recommendations for common resolution practices across merchandising and stores teams
- Equip teams with action plans to correct inventory related issues with a prioritized list
Typical analyzed data
- Store Replenishment and Distribution Orders, Aggregated Store Returns, Store and HO markdowns, Inventory locations (On-Hand, In-Transit, On-order), Shipments to stores, Allocator overrides
- Item Attributes – Model Stock Levels, Product Life Stage: new/mature/seasonal/clearance
