JustEnough Dynamic Retail Planning & Execution
Dynamic merchandise planning and execution solutions for a fast-changing retail, fashion, and apparel market
Retail planning results you can count on
15%
Reduction in out-of-stock allocation items
5%
Increase in revenue growth
99%
Increase product availability
25%
Increase in planning efficiency
Business Challenges in Fashion and Apparel are Driving Digital Transformation
Probabilistic demand modeling and forecasting
Brands are struggling to meet changing omni-channel buying behavior. Ecommerce growth is slowing, physical retail is seeing a resurgence, and digital marketing costs are escalating and shifting with social media trends, forcing retailers to rethink their channel mix and assortment strategy.
Operational Ripple Effects on Inventory
US fashion retailers’ stock levels rose 28% YoY. However, inventory management is hampered by operational challenges such as siloed systems, aging technology, and lack of integration. Returned items further complicate the issue.
Shrinking Margins
With inflation running at a 40-year high, the cost of running a retail business is rising quickly. Margins are shrinking 3-5 percentage points per year, and inventory-to-sales ratios are at their highest levels in decades.
Probabilistic demand modeling and forecasting
Brands are struggling to meet changing omni-channel buying behavior. Ecommerce growth is slowing, physical retail is seeing a resurgence, and digital marketing costs are escalating and shifting with social media trends, forcing retailers to rethink their channel mix and assortment strategy.
Operational Ripple Effects on Inventory
US fashion retailers’ stock levels rose 28% YoY. However, inventory management is hampered by operational challenges such as siloed systems, aging technology, and lack of integration. Returned items further complicate the issue.
Shrinking Margins
With inflation running at a 40-year high, the cost of running a retail business is rising quickly. Margins are shrinking 3-5 percentage points per year, and inventory-to-sales ratios are at their highest levels in decades.
Retail Planning Enters a New Era
ToolsGroup JustEnough Dynamic Retail Planning & Execution delivers the integrated, end-to-end merchandise planning system that retailers need to plan and execute more accurately, at scale and with real-time data. Powered by Inventory Hub, a dynamic data unification platform, retailers are able to project forecasts, allocate, and replenish using in-the-moment, perpetual inventory data and insights across supply, demand, and operations.
The end result is a planning solution that helps you work faster, deliver better results, and do it all at the speed of business.
Dynamic Merchandise and Supply Chain Planning
At Toolsgroup, we help you stay ahead of the game with our Dynamic Merchandise and Supply Chain Planning solutions. Our platform provides the operational agility and resilience needed to deliver the experiences your customers demand.
Real Time Perpetual Data SIgnals
Advanced demand analytics, Advanced inventory analytics, Advanced supply analytics, Agile and resilient operations
Perpetual Data Signals
Capturing real-time event data across silo’d systems to get a unified view of demand, supply and operations
AI/ML
The unified data is fed into advanced analytics engines to provide forecasts and predictions for better, faster demand and supply decisions
Composable Architecture
With a composable architecture that enables the data and insights to power ToolsGroup applications or any other applications in your tech stack today or in the future.
Discover the 6 capabilities that make ToolsGroup JustEnough essential for today’s retail challenges:
Deliver World-Class Inventory Management & Planning Performance
Increase Service Levels
With ToolsGroup JustEnough Dynamic Retail Planning & Execution, retail planners can ensure fewer stock-outs and unintentional inventory overfills thanks to streamlined, in-the-moment inventory records, ensuring more sales with lower costs.
Reduce Lost Sales
Respond to changing shopping patterns in real-time, with precise inventory updates and replenishment insights that allow teams to respond 3-4 days faster and optimize the revenue potential of every SKU.
Plan More Dynamically
With built-in fulfillment capabilities, planners can ensure online orders are fulfilled from the most profitable available locations, every time.
Deliver Planning Confidence at Scale
ToolsGroup JustEnough is the most complete, flexible, and easy-to-use retail solution on the market, delivering improved forecast accuracy, lower inventory costs, and maximized margins for retailers of all shapes and sizes.
Retail planning success stories from across the globe
As a retailer, you know the importance of creating localized assortments tailored to the needs of each region. From South America to Australia, Barcelona to Boston, we’ve got team members on the ground who understand the needs unique to your region and your customers.
Our Solutions
-
Demand Planning & Forecasting→
Demand Planning & Forecasting Demand Forecasting and Planning automates the creation of demand plans using machine learning and empowers demand collaboration reducing forecast error and optimally deploying inventory. LEARN MORE
-
Demand Sensing→
Demand Sensing Demand Sensing reduces demand variability by extracting signals out of noisy demand, provides earlier demand insights, and enables more accurate short-term plans and faster reactions to market changes. LEARN MORE
-
Merchandise Financial Planning→
Merchandise Financial Planning Merchandise financial planning provides the efficiency and accuracy retailers need to plan and meet financial targets for multiple brands, channels and currencies, and open-to-buy budgets. LEARN MORE
-
Assortment Planning→
Assortment Planning Assortment planning provides the retail analytics you need to maximize revenue and customer satisfaction. The software guides you through the process of localized assortment planning based on your financial objectives and forecasted customer demand. LEARN MORE
-
Inventory Optimization→
Inventory Optimization Inventory Optimization factors in multiple planning variables and probabilities to generate an optimal multi-echelon inventory plan for every item in a portfolio to achieve target service levels. LEARN MORE
-
Real-Time Dynamic Data Unification→
Real-Time Dynamic Data Unification Real-Time Dynamic Data Unification helps businesses track and serve inventory data across channels – at web-speed and in real-time – to power unified customer experiences, stress-free channel expansion, and flexible inventory management. LEARN MORE
-
Dynamic Fulfillment→
Dynamic Fulfillment Omni-channel fulfillment requires sophisticated sourcing logic. Traditional order sourcing occurs among a handful of centralized fulfillment centers and uses simple, rules-based logic. But with store fulfillment, hundreds of locations and objectives must be considered. Applying simple logic to a complex network is inefficient, unwieldy, and expensive. LEARN MORE
-
Allocation→
Allocation Retail allocation software removes the guesswork from your inventory allocation process. Machine learning allocates inventory to ideal store locations, allowing you to model demand for optimal inventory placement. LEARN MORE
-
Replenishment→
Replenishment Automated replenishment software powered by advanced algorithms and AI gives you highly accurate, time-phased automated replenishment plans to achieve optimal inventory levels. LEARN MORE
-
Production & Capacity Planning→
Production & Capacity Planning Production Planning provides unparalleled visibility, insight and control of the entire production process to improve efficiency and quality control, and service demand. LEARN MORE
-
Sales & Operations Planning→
Sales & Operations Planning ToolsGroup’s Sales & Operations Planning (S&OP) solution helps companies achieve both higher levels of S&OP maturity and better business outcomes by bridging the gap between strategic planning and operational execution. LEARN MORE
-
Pricing Software→
Pricing Software Maximize profitability by creating a data-driven markdown and pricing strategy at both the product and aggregate levels with pricing tools powered by AI and analytics. LEARN MORE
-
Promotions Management→
Promotions Management Designed to meet the complex needs of merchandising, marketing, advertising, and supply chain teams, ToolsGroup promotion management software streamlines promotional planning and execution across both offline and ecommerce channels. LEARN MORE