Allocators: Improve Margins and Turns with More Accurate Store Inventory
Allocating the right merchandise to the right stores at the right time can make the difference between huge sales and profits or margin-killing markdowns and liquidations. But when merchandise arrives at the distribution center, Allocators may only have a few hours to decide each individual store’s allotment.
You need pre-built analytics for store-level inventory that can help you quickly determine optimal merchandise placement from both a location and product perspective. The QuantiSense Decision Orchestration Platform™ combines retail analytics, an Allocator Scorebook and a Playbook to help you:
- Better manage store inventories, for both replenishment and seasonal items
- Develop localized assortments
- Maximize margins
- Ensure sufficient merchandise in stock for promotional events and store openings
- Manage reserve stock across multiple distribution centers
The Allocator Playbook uses finely-tuned retail exception reporting and industry best practices to pinpoint the most important opportunities and problems. Then you can take the action - based on insight - which will maximize profits and ensure accurate inventory levels by store.
Sample plays in the Allocator Playbook include:
||Highlights situations where DC inventories are out of step with demand of the store or channels they serve.
|Local Price Imbalance
||Highlights stores and categories that have a disproportionate amount of full price, promotional, or clearance goods.
|None in my Store
||Shows the stores that have the highest number of stock outs in an effort to get them to respond to the worst situations.
||Calculates a specific location’s needs for new goods.
|Time to Go
||Provides a penetrating look at year-to-year sales performance. Identifies items that have aged and have significant inventory, enabling the planner to focus on a liquidation strategy.