Audience
Predictive analytic platform for retail businesses
About Retalon
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. 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 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.
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Company Information
Retalon
Founded: 2002
Canada
retalon.com/solutions
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