Merchandise & Assortment Planning

Maximised ROI with the right products for your consumers

Today’s apparel manufacturers and fashion retailers face an unprecedented challenge to build sustainable growth and long term profitability. Product proliferation, changing consumer priorities as well as the opening of new channels and retail formats are all generating new levels of complexity for the sector. The mantra of the right product, in the right place and at the right time has never before been so critical. As consumer preferences continue to diversify, organisations are looking to localise their product assortments, however maintaining focus on new trends has become increasingly complex due to the growing scale of operations.

Effective Merchandise & Assortment Planning helps companies deliver the right products, in the right quantities and at the right time to meet local demand, maximise sales opportunities through minimised out of stocks, and thus protect margins.

TXTPERFORM2008 provides the ideal Merchandise and Assortment planning solution through its seamless integration of all processes, from Strategic Planning, all the way through to the Allocation and Replenishment processes:

• Strategic planning to set the right targets in terms of margins, price ranges and categories to push
• Merchandise and Store/Channel Planning
• Reconciliation, WSSI and Open-to Buy
• Assortment Planning down to a SKU level
• Allocation, Markdown and Replenishment Planning

 

A key differentiator for TXTPERFORM2008 is the ability to manage all Merchandise & Assortment aspects in one tool, enhancing visibility and coordination, but also extending beyond that to improve trading partner collaboration and product development for a comprehensive PLM approach.

Furthermore, TXTPERFORM2008 benefits retailers with complete planning and performance management integration; planners can now choose and apply the best Merchandise and Assortment scenario and ultimately have clear understanding of the implications of these decisions on both operational and financial indicators such as service levels, inventory and margins. Attribute-based analysis on actual sales enables demand preferences to be identified and analysed to create accurate assortments which meet demand.

TXTPERFORM2008 is built with a Microsoft Excel and SharePoint user interface for faster adoption; making isolated spreadsheets a thing of the past.