![]() ![]() Target Options Calculation/Rate of Sales Auto Calculation For any exceptional stores, the planner has the ability to plan for those stores and break down by size for the receipts plan using Item Planning Store.Īssortment & Item Planning for Fashion/Softlines Cloud Service leverages the features of the powerful Retail Predictive Application Server (RPAS) platform, including visual planning, exception management, and robust What-If scenarios. The Item Planning - Basics, Item Planning and In-Season processes also include what-if optimization for pricing decisions to assist the planner in determining optimal markdowns. ![]() Item Planning focuses on creating a plan in advance of when the merchandise is going to be sold, and In-Season focuses on adjusting the original plan based sales once the season has started, as well as factoring in new knowledge about the assortment, completion, promotions or other factors that were not known about during Item Planning. Item Planning - Basics focuses on creating an Item Plan for basic/continuous items across multiple assortment periods in one go. Build Wedge focuses on the Auto wedge process, visual planning, providing the planner flexibility to override the wedge options, creating a high-level buy plan, and approving the assortment. Create Assortment focuses on reviewing history, determining the number of options, identifying the best attributes with attribute scoring, creating placeholder positions, and creating the shopping list at the cluster level. The Assortment & Item Planning for Fashion/Softlines Cloud Service activity consists of six tasks: Create Assortment, Build Wedge, Item Planning - Basics, Item Planning, In-Season Item Planning, and Item Planning at the store level. It also provides a dashboard, which provides a visual tool to quickly analyze in-season item trends based on various KPIs, such as Sales, Gross Margin, and Sell-Thru and also exceptions in the business. It also provides a separate route to plan basic lines so that retailers plan basic lines in one go across multiple assortment periods and focus more on seasonal items every assortment period. In this way, the planner can manage by exception versus searching through entire data sets to locate problems, saving time and resources to focus on important issues. Then, using the exception driven process, spreading the plan down to sizes and moving ahead with the in-season process.Īssortment & Item Planning for Fashion/Softlines Cloud Service helps the business to anticipate and proactively manage exceptions by utilizing robust real-time alerts to highlight and focus a planner's attention on item issues that need immediate attention. The Assortment & Item Planning for Fashion/Softlines Cloud Service process starts with Creating Assortment Strategy by reviewing history, defining the assortment, creating that assortment at the cluster level using build wedge, moving to Item Planning pre-season for KPIs, creating weekly sales, reconciling the plan with upstream systems, and approving the plan. The simplified business process is automated to create and define assortments based on trend and historical data with an option to override by the planner. The analysis of past performance such as color effectiveness, trend adoption, styling visualization, in-store placement, and geographic selling are key inputs into revising a currently planned/executed assortment or building a new assortment. ![]() The Assortment & Item Planning for Fashion/Softlines Cloud Service (A&IP FSL CS) process establishes the breadth and depth of the product offering (including the color/fragrance/flavor and size level), for Points-of-Commerce and for a given period of time. ![]()
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