Item Planner was created for planners who need to consistently monitor sales, inventory and profitability of their retail programs. Plans can be based on sales and inventory history, seasonality, the promotional cadence and profitability requirements. Users can then track business week by week, watching for trends that effect profitability and taking action to optimize performance.
The ladder and margin planning tool allows the user to conduct multiple “what if” scenarios to see what effect they could have on results. Since Item Planner is integrated with ad-hoc reporting tool it allows users to format its output in reports exactly the way they want them. It can also pick column fields, reporting level, time periods and create key comparisons such as this year plan vs. last year etc.
“Item Planner is the ultimate collaboration tool because both buyers and suppliers can work from the same set of numbers and always know where the performance of an item stands- meaning no surprises. Both can track plan versus actual every week and revise plans in-season to reflect reality,” said Jim Lewis, founder and CEO of Enhanced Retail Solutions. (NA)
Enhanced Retail Solutions (ERS)
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