Brands and retailers worldwide are struggling to select the best product assortments for wholesale, retail and e-commerce channels to maximize the assortment value at retail and are therefore not realizing full sales potential.
Relying on dense, out of date spreadsheets, powerpoints and other documents for worldwide & regional merchandising and buying is chaos and increases the risk of critical errors. Without true visibility, no flexibility and outdated and incomplete information, it is impossible to make good decisions. How can you optimize product assortments by channel, region, store-type or persona?
Want to stop wasting time and energy?
Used by Central and Regional Merchandisers, Buyers, Retail Wholesale Sellers and Product teams, the Digital Buying Board provides highly visual and up to date information and facilitates the team collaboration needed to curate assortments from master or regional collections.
Merge together information from multiple systems including PLM and ERP into an easy-to-use, highly visual platform compatible with any touch-screen device and with a social media like interface.
Curate product offers and collection by price point, product type, material and color.
Improve collaboration between central, regional merchandising teams and internal buyers.
Empower marketing, regions and retail managers to define and fine tune assortments to meet minimum order quantity (MOQ) and allow managers to define assortments and order quantities.
Forecast aggregate quantities for production planning and MOQ checks.
Create rules attached to products so regional merchandisers can see what they are permitted to do with specific assortments during digital buying sessions.
Direct impact on margins year-on-year, with the ability to slice and dice assortment data to analyze successful products at the end of each season according to channel, store or other criteria and plan accordingly.
Digitize assortment planning to improve visibility and achieve the correct product mix at store level and optimize regional and channel-specific assortments.
Reduce the likelihood of selling off excess inventory at a lower margin with granular control of merchandise at store level.
Designate core and optional products and build assortments by collection, region, country, store type, persona and more.
Track Open to Buy vs Budget, average selling price, assortment depth and more. Roll up for Minimum Order Quantities (MOQ).
Buyers can make unit commitments by SKU with ‘orders’ rolling up to see overall quantities.
Buyers can give product and merchandising teams early-stage feedback by ‘liking’ or rating products.
Gather real-time analytics and roll up reports that provide full visibility of assortments by store, region, channel, price point, color or even persona.
Give us 60 minutes and we’ll blow your mind!