Planning and Analysis - Paving the Way for the Road Ahead
Raymark’s Planning and Analysis takes financial planning, budgeting, and Open-to-Buy
forecasting to a higher level. This sophisticated application is a true planning
tool that not only converts the group budgets into an OTB plan, but allows you to
import all your historical and current sales (by product and store grouping) so
you can make necessary adjustments. You can examine buying patterns, analyze sell-through
from prior timeframes, and analyze your budgets, actuals, and historicals all at
the same time.
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> More Efficient Inventory Budgeting
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> Insight into Buying Patterns
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> Deeper Sell-Through Analysis
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> Improved Decision-Making
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> Top-Down, Bottom-Up Planning
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30 Different Forecasting Methods
This solution allows you to select from over 30 different forecasting methods. Using
Microsoft's data-analyzer that is integrated into the module, it allows you to drill
down on any field and export that information in an Excel Pivot Table. An “online
analytic processing cube” drives the application so that you can execute “what-if”
scenarios across multiple dimensions. It is an advanced decision-making tool built
right into the application.
The solution allows you to highlight the variables you want to examine closely –
sales, markdowns, beginning and end of period inventory, discounts, etc. – and compare
proposed budgets for each against actual and historical information by relevant
store grouping, automatically importing the information for you. Your ultimate plan
will have considered all key factors that can impact your inventory requirements,
and will be fully supported by quantitative data that you will have evaluated.
Advanced Open-to-Buy
With Raymark’s Planning and Analysis, your OTB plan is accurately and strategically
developed, by any type of product grouping. You can establish subsets of the master
OTB for different products, product grouping or by vendor. The software will allow
you to quickly take the information from each template and roll it back up to the
master OTB budget. These sub-plans are controlled by security and authorization
levels defined and established by the user.
Assortment Planning
Raymark’s Assortment Planning is the bridge between financial planning and order
processing. The solution allows business users to create, analyze and approve assortment
plans prior to processing orders and helps buyers make the right buying decisions
by proposing assortments that meet local consumer demand and allows them to:
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> Optimize Inventory Investment
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> Accelerate Sales
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> Minimize Inter-Store Transfers
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> Reduce Markdowns
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Raymark’s Assortment Planning is designed to help retailers define store-level assortments
that match local demand by assortment breadth (number of styles) and assortment
depth (purchase quantity) for each store grouping.
Using predictive technology, the solution provides sales forecasts at various points
in the planning process and at various levels of the hierarchy. It creates an intelligent
platform for viewing historical data and gives a clear picture of true historical
demands by analyzing trends in sales and/or inventory levels, analyzing actual performance
against merchandise assortment plans and allocations.
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> Link with Raymark OTB to upload financial plans
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> Build assortment plans for groups of stores by class, unit, retail dollars,
brand, vendor, and price point
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> Start with top-down planning and end with bulk POs
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> Access built-in assortment optimization that generates the optimal category
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> Build assortment plans by class, colour and size and apply size profiling
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> Create assortment optimization by generating the recommended distribution of
purchasing dollars across various categories and classes of merchandise by store,
as well as by SKU breadth and depth.
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