Retail Planning

The most comprehensive, flexible, and intelligent retail planning solution suite.

Retalon’s Planning Solution offers a dynamic framework for multi-channel retailers to agree on their strategy, plan execution details, and track progress. All Retalon solutions are part of an Integrated Predictive Analytics Platform empowering retail users to work with higher accuracy and in collaboration with other critical retail business functions.

Avoid Repeating Last Year’s Mistakes

Ability to restore the true LY and LLY consumers’ demand allows you to build a more accurate plan for the next year

Single Version of the Truth

having integrated planning solution ensured planned targets remain consistent across business units

Flexibility: Plan By Attribute

Retalon's solution allows you to plan by attribute beyond any restrictive ERP hierarchies

User-Friendly

Work with great features like one-click export to Excel

Powered by Predictive Analytics

Retalon's planning solution is powered by predictive analytics to provide accurate demand forecasts

End-to-End Integration

All Retalon solutions are fully integrated in a common predictive analytics platform.

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.

Retail Planning Map

Download BRP Planning Survey Report:

 

Boston Retail Partners conducted on in-depth survey of top North American retailers to understand that the biggest challenges, goals, and opportunities in merchandise plannings.

 

Download PDF Version

BRP Planning Survey
Retail Assortment Planning
PLAN TYPES

Financial Planning

Often executed at a category level a financial plan serves as a reference point and the source for other plans. This plan provides all the necessary functionality to build a long term budget, forecast of sales, GM, turns and other important KPIs.  Users are able to review and approve numbers across multiple levels of a management hierarchy to setup financial goals for the next year or a few seasons.

Merchandise Planning

This Plan is based on a long term forecast of demand, and utilizes all the knowledge Retalon’s predictive analytics engine has generated on past sales (including lost sales, promotions, price changes, seasonality, trends, etc) to help users plan future sales, inventory levels, and receipts. This plan is a highly flexible module which enables users to plan sales, markdown and Inventory (or other metrics) by attributes, as well as plan inventory at cost by merchandise type (e.g. Old/New/Current/Running) and much more.

Assortment Planning

One of the most challenging plans to create is an assortment plan that determines how many units of each Style/Color to purchase, and which stores they should go to and in what quantities. Retalon’s Assortment Planning module powered by a highly accurate demand forecast helps you optimize your assortment.

Pre-Season Planning

This module allows users to plan optimal initial pre-allocation quantities, accounting for actual need of each location, plan-o-gram restrictions, desired assortment, inventory availability, and business rules

In-Season Planning

This plan type allows users to monitor all applicable metrics in-season, compare them with actual weekly performance, and adjust as necessary.

Open-to-Buy

Retalon allows users to build an Open-to-Buy plan at Cost, and create purchase orders based on user defined purchase schedule

Get a personalized demo of Retalon’s Planning Solution