Retalon planning solution leverages predictive analytics to offer multi-channel retailers a dynamic framework to optimize strategy, plan execution, and track progress. Here is what makes Retalon’s Planning solutions successful:
Smart Planning with Predictive Analytics:
Rather than the traditional process of using only past data to build a plan, Retalon offers a more intelligent, accurate, and integrated approach. Retalon identifies and incorporate many critical factors such as past events & promotions, and lost sales to build a future demand forecast that sets the foundation for a more pragmatic and accurate plan.
Adaptability, Scalability & Flexibility:
Retalon’s planning process offers an easy and controlled workflow. Retailers can start with a master plan that can be easily delegated down to different planners, and then intelligently merged back to the original plan. Moreover, Retalon supports multiple product/category hierarchies and attributes, store hierarchies, and clusters, as well as any required time periods, which adds the flexibility required in merchandise and assortment planning.
Comprehensive Planning Suite:
Retalon users can build a wide range of plan types such as Financial Plan, Merchandise Plan with OTB, Store Plans, Assortment Plans, Pre-season & In-season plans, and more. All the plans are automatically reconciled at all the levels and between the plans. Retalon’s planning solution is equipped with all the necessary tools, such as locking and freezing, aggregating and prorating, multiple convenient views, data exchange with Excel, graphic views and product images – to mention a few.
Envision, Plan, and Execute:
Retalon’s End-to-End predictive analytics platform empowers retailers to execute their plans and reap the benefits by optimizing the entire process & bringing it full circle. Retailers can plan assortment, manage inventory, optimize promotions, and then automatically feed this knowledge into next year’s merchandising plan.