Retail Merchandise Planning
Consistently having the right products in stock, whether it's a size 10 dress or a cream three seater sofa avoids customer dis-satisfaction and is one of Futura's great merchandising strengths. Futura continually calculates an optimal target stock figure, to simplify purchase ordering and replenishments. This makes sure you maximise profits as you'll have the right amount of stock, in the right place, at the right time.
Barbara Hegarty, Systems Manager, Ulster Stores
Sophisticated "what if" functionality allows you to see the effects of buying one range over another. It also suggests inter-branch transfers to move stock around in your business to where it is selling best, before automatic, intelligent stock replenishing and allocating to store and web.
Futura's strength lies in helping you get your stock allocations accurate first time to reduce markdowns, live replenish to meet actual need in store, as quickly as possible, and dynamic automatic replenishment to maximise your sell through.
For example, in Fashion, by looking at historic stock levels and clothes sizes, you can guarantee the right size curves are in store and target stock levels reached. Analysis shows customer size profiles so you can accurately adjust size curves and reduce over-ordering in larger fringe sizes.
Simon Brassington, IT Consultant, Bank Fashion
Futura's merchandise planning software allows:
- Remote access to "open to buy" budgets
- Sales by customer type to improve customer service and target promotional activity
- Ability to handle multi dimensional products by unit, variant, size and colour.
- Manage seasonal and core product
- Allocation/store profiles
- Budgets - top down, bottom up analysis
- Weekly stock and sales reports
- Allows increased sales run based on store performance and average times
- Respond to sales trends.
