Because your retail company’s financial targets–including sales, margin and inventory goals–are determined during merchandise financial planning (MFP), accuracy and inter-department alignment are crucial to your success. Yet, with this part of the retail planning process encompassing so many data points, merchandise planning teams can find themselves buried in lower-level details of the product hierarchy.
ToolsGroup Merchandise Financial Planning software provides the efficiency and accuracy retailers need to plan multiple brands, channels and currencies–all in a singular view.
The solution also manages your organization’s traditional open-to-buy plan: You get the flexibility to choose your own planning calendar, plus the ability to manage strategic plan targets across a specific period in time. In addition, as a retailer, you can make changes to merchandise financial plans from the highest to the lowest levels within the defined product hierarchy.