Automate and Optimize Retail Planning
Consumers today expect unlimited product availability, plus lavish choices in how they browse, purchase, and receive their goods. For retailers, these demands add tremendous complexity to merchandise planning, assortment allocation, and replenishment, as well as to multi-channel purchase and delivery. Those who can automate and optimize these processes stand the best chance of maximizing profit and customer service.
This requires sensory awareness and cognition. It starts with an ear to the ground at each point of sale (POS) to pick up real-time signals for demand-driven inventory planning and continuous replenishment. It continues with an eye trained on the longer road ahead, and the ability to simulate myriad scenarios to plan dynamically around sales promotions, marketing campaigns, seasonality, and new product introductions (NPI). This is how you decide what to stock, how much, and where.
Forecast, model, and simulate store-level sales
Vanguard IBP for Retail supports all types of data synchronization, including near real-time point-of-sale (POS) transactions. This enables Vendor Managed Inventory (VMI) collaborations that cut costs out of the supply chain to benefit both you and your vendors. The system’s advanced-analytic modeling and simulation capabilities support omni-channel sales and delivery while ensuring optimal inventory and labor — down to the store level. All of this is key to balancing product breadth and depth for best-net-profit assortment allocations that span thousands of SKUs and potentially hundreds of locations.
Match expert forecasting and planning with best-in-market usability
Leverage Vanguard Software for part, or all, of your S&OP or IBP process: from sales forecasting to supply planning to financial forecasting and budgeting. Vanguard can integrate all of these distinct applications on a single platform designed to unify management estimates, exceptions, and data.
Vanguard’s UI integrates seamlessly with your business processes, enabling diverse teams and users to communicate and collaborate. Plus, all changes and updates are dynamic, system-wide. Change your demand plan, and see that change reflect instantly in your inventory order schedule – and on the same screen.