How can I determine how profitable I will be at the end of the year?
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Item Planner identifies and follows trends that effect profitability and suggests solutions. Using either a 52 week calendar or customized schedule, the user can track business week by week. Item Planner is the perfect tool to review multiple what if? scenarios.
Most retailers require their buyers to submit item plans to management to show what sales and profit will be generated for an item. Not only can the supplier now assist in building that plan, but they can see before the first unit ships what the full expectations are. This puts both parties on a more even playing field in the management of the item.
Item Planner
Determine up front if item will meet the retailer’s margin goals
Calculate total cost of program (cooperative advertising, financial assistance, production cost, etc).
Develop multiple “what-if” scenarios to determine effect different sell through patterns will have on margin.
Build weekly sales, inventory and profit plans by sku, item, category, department or brand level.
Track weekly actual results against plan, always know where you are on the profit line.
Compare this year versus last year.
Project future sales and margin as actuals are tracked.
Presents a guide to help you plan your receipt flow
Supports seasonality, retailer’s promotional strategy, costing structure and miscellaneous charges.