Inventory Planning Drives Success
“The more inventory a company has, the less likely they will have what they need” – Taiichi Ohno
Retail Toolkit improves inventory management by providing detailed trend and forecast insights for all inventory, ensuring you have the right quantity of the right products at the right time. The inventory planning suite includes Open to Buy planning, helping guide inventory orders by demand…not gut.
With these insights, you are armed to increase margin by reducing mark-downs, improve turn rates by better aligning inventory with demand, and increase positive cash flow by reducing inventory levels based on improved demand forecasting.