Merchandise Assortment Plan - Open to Buy

Advanced Merchandise Plan Module creates a top-down/bottom-up framework for aligning merchandising strategy and plans, aligning plans and execution, and improving goals and plans over time.
The solution guides you through industry-standard planning processes in an efficient, manner while providing in-season measures and executions comparing to plan, alerting the appropriate individuals as actual results occur and highlighting the opportunities and priorities for improving results.
Rolling 12 months, user-selectable summary and detail provide the ultimate merchandise planning views.

 

Summary

Merchandise Planning Module provides both pre-season and in-season planning with key merchandise indicators that include sales, markdowns, receipts, inventory, gross margin, and open-to-buy. It can be used by retailers utilizing cost, retail or unit planning methods and can be used to plan for multiple retail segments.
Provide a process for adjusting assortment plans in-season to react to the most current data.
Seamlessly Integrated with Cybex Merchandising System, Cybex Data Warehouse, and Cybex Reporting System to ensure all areas of the enterprise rely on the same merchandise plan facilitating purchasing control and optimization..

 

Benefits

Manage up to 12 seasons per year by utilizing NRF or retail enterprise specific weekly retail calendar.

Utilize category management and user-defined hierarchical merchandise classification to achieve the ideal product mix.

Base plans on sales history or sales plan to enable planning horizons in excess of 12 months.

Allocate products to individual stores and manage multiple responsibility centers to ensure the right quantity of product is in the right location at the right time designed to maximize sales, profits, and customer satisfaction.

Provide a process for adjusting assortment plans in-season to react to the most current data.

View sales history, weekly sales, markdowns, receipts, inventory, gross margin, and open-to-buy to support better, more accurate planning.

 

Features

Use location and merchandise assortment filters to view any classification, summary level, and time segment in a user-friendly intuitive graphical interface.

User security access and complete real-time integration with Cybex Merchandising module ensure purchases don't exceed plan budget.

Flexible report selections and templates facilitate customizable user reports based on a single store, day and class or an entire enterprise season summary.

Create new plan based on Cybex Data Warehouse actual, plan or percent ratio adjustments in minutes.

Support for both 6 month and rolling 12 month integrated plan workbench.

Segment reporting designed for location, category, merchandiser and buyer performance analysis and identification of possible markdowns and returns.