Management One's® unique Inventory Planning solution.
The service puts you in control to accurately forecast sales and inventory. It will guide you and help you create a cash flow plan that works for your specific situation and business.
- Predicts the sales in each classification (most months with greater than 94% accuracy.)
- Establishes the right inventory level in each classification. It solves the question of how much inventory to buy and when should the inventory arrive.
- Reduce end-of-season markdowns and minimize stock-outs.
- Diagnoses the data and predicts suitables to take including markdowns, transfers, etc.
- Specialized reporting for multiple and chain store use.
- Dynamic cash flow management tool.
- Interactive planning that is both bottom up and customized to the needs of the business.
- Break even analysis that allows you to better manage the expense side of the business.
- You get monthly action plans for implementation. Puts you in control.
- Then, the experienced Management One® affiliate in your area customizes this information for your particular needs.
- Finally, the Management One® field analyst meets with you monthly to convert the numbers into an plan that can include marketing, advertising, promotions, sales training, merchandising, etc.
The Fresh Factor
The Fresh Factor is a guide to determine freshness of current inventory. The purpose is to illustrate the
importance of having a flow of fresh goods and to see how sales react to the "newness" of inventory.
Management One® affiliates have used this formula with many retailers as
part of their decision process in determining current open-to-receive. It is not surprising for sales to
improve as the "Fresh Quotient" increases.
- The Fresh Factor has been added to the OTB reports at class, department, location and all summary reports.
- The Fresh factor is represented as a % on your plans. It is based on 90 days of data.
- Only a POS system has the ability to determine the actual age of inventory.
Schedule a risk free review of your business with no obligation, call 866-802-7689 or contact us.
