Retalon Description
A financial plan is often executed at the category level. It serves as a reference point for other plans. This plan includes all the functionality required to create a long-term budget, forecast of sales and GM, turns, and other important KPIs. To set financial goals for the coming year or several seasons, users can review and approve numbers at multiple levels of a management hierarchy. This Plan is based upon a long-term forecast of demand and uses all the information Retalon's predictive analysis engine has generated on past sales (including price changes, promotions, lost sales, seasonality and trends) to help users plan future inventory levels and receipts. This module allows users plan the optimal pre-allocation quantities, accounting to actual location needs, plan-ogram restrictions, desired assortments, inventory availability, business rules, and plan-o-gram restrictions.
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