Merchandising |
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Planning for all consumer channels and incorporating multiple merchandising perspectives can be challenging at best. Connected Retailer® Merchandise Planning enables you to create and manage your merchandise plans at chain level, store level, or both. Flexible and unlimited merchandise and location hierarchies streamline the planning of multiple channels, allowing you to develop plans that truly meet the demands at a micro-level. |
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Description Connected Retailer® Merchandising Solution synchronizes your retail cycle and improves your results. It gives you the tools and functionality to better analyze, coordinate, and manage your key business processes, and to optimize the return on your inventory investment. Connected Retailer Merchandising incorporates a centralized infrastructure that ensures the consistency and integrity of your data and integrates the various applications. A single source of accurate, current information is used to drive planning, ordering, pricing, allocation, replenishment, inventory management, and warehousing and other key merchandising processes. The solution is flexible, scalable, and controlled on your terms. It offers user-defined hierarchies, alternative reporting hierarchies, and the unlimited use of attributes, reason codes and cost factors. Its three-tier architecture allows user counts to soar to hundreds of thousands simply by adding middle-tier application servers. And because it’s configured to be implemented in phases, it offers measurable benefits both up front and progressively over time. In all ways, it is designed specifically to meet the specialized needs of apparel and specialty retailers. |
They then commissioned a complete merchandising, warehousing and supply chain solution that had to be in place by August to drive the purpose-built Leeds warehouse. In March 2001, NSB implemented the Merchandising to handle purchasing, orders, receiving, allocation and distribution. Plan at any level in your merchandising hierarchy top/down, or bottom/up, in units and/or dollars. Define one of the levels in your structure to represent your channels, and plan either all channels together, or brick and mortar separately from web or catalog operations. Choose to plan all elements (sales, markdowns, inventory) at once or in multiple stages. Start with a chain-wide plan and have the system break it down to location level later on, or start at location level and have the system roll your plans up. The dynamic balancing function resolves differences between the total of individual store plans, channel plans, and chain plans, ensuring you consistency at all levels. Eliminate manual data entry, computer operations, and procedural steps necessary to enter common retail information across multiple applications by centrally capturing user-defined information. Merchandising also eliminates batch, day-end processes by maintaining a real-time inventory picture. This information is summarized at any level of the location and/or merchandise hierarchies, allowing you to determine opportunities for faster turns, improved margins, better markdown execution, and more precise forecasting. Overall, Merchandising Analytics reveals the trends and changes in the market that you can leverage to gain competitive advantage. |
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| industrial-trend.com / Retail Systems / Merchandising | ||