Merchandising Business Suite
MASTERING THE COMPLETE LIFE CYCLE OF MERCHANDISING
Retailers are increasingly besieged with claims about the benefits of new technologies and practices for buying, allocating, planning, replenishment, promotional planning, pricing and other key merchandising activities.
in a marketplace that is experiencing channel blurring (cannibalization from new consumer channels), and a lack of differentiation in product offerings on the rise.
Soft Solutions' Merchandising Business Suite addresses these stakes and offers the solution to master the merchandising optimization at short and long lifecycle retailers.
“THE RIGHT PRODUCT, SOLD FOR THE RIGHT PRICE, AT THE RIGHT PLACE & TIME”
The Merchandising Business Suite has made it possible to combine product and consumer-related information. Changes in the culture of some merchandising organizations have made the line of business users more open to embracing new ways of doing business. The smartest retailers combine the art and science of merchandising to create a new form of merchandising.
“PROVIDING FINANCIAL AND OPERATIONAL BENEFITS OF MERCHANDISE OPTIMIZATION”
After implementing our Merchandising Business Suite, retailers have become much more accurate and have been getting appropriate and detailed information about consumer demand.
They are using these insights to make much better decisions across their entire merchandising operations: what merchandise to purchase, how to plan and allocate it, how to price it (both initially and for markdown), how to promote it and how to replenish it on the shelves, which is essential to generate substantial business benefits.
Understanding market best practices and how they can be applied to each retailer's specific business, completed with the latest technological evolutions, is the key start point of all projects, and it has been the core business of Soft Solutions for more than 25 years.
The Merchandising Business Suite, supported by our ibs Referential as a unique source of information, can be implemented as a whole, or by autonomous solution according to Retailers' needs.
The Suite is composed of:
Based on a dynamic business process management, ibs Category Management provides the capability for customer-centric analysis around quantitative and qualitative information. Observation rolls up, forecast, budget and targets are made available and archived.
The solution at the core of current retailers' problematic to optimize its position over the market.
Maximizing sales opportunities while minimizing out of stock risk, and maintaining margin levels: ibs Assortment is your key to gain in reactivity, profitability and operational cost reduction.
Buyers and Category Managers need to easily access all aspects of a deal in order to evaluate the profitability impact of various scenarios. They need to gain insight on category performance, profitability and supplier performance in order to adjust their negotiation target and strategies.
ibs Deals is a modular and configurable platform which support supplier negotiation preparation and follow-up. It allows a strategic and consolidated view of negotiations in order to improve conditions negotiated.
ibs Pricing incorporates all the necessary Price Management features to cover the whole pricing process, taking into consideration the retailer objectives. It includes competitive management, price simulation and price optimization, in order to ensure market shares and the price image consolidation, without sacrificing margins.
ibs Promotions management for retail is a fully integrated and comprehensive system for managing and executing effective promotions. This solution is currently helping retailers to build their promotional activities through a unified end-to-end business process that facilitates timely decision-making, communication and coordination.
ibs Space Planning optimizes the balance between global retailer's image, merchandising rules and customer behavior to make the shopping experience more attractive and enjoyable for customer. Consequently, retailers achieve higher sales results and shoppers loyalty.
Merchandise optimization is here! It requires modest I.T. effort to implement in order to produce tremendous ROI's within the first year.
The Soft Solutions' Merchandising Business Suite allows our clients to boost margins and productivity by better predicting and meeting demand throughout the product life cycle.