Retail Allocation Software
ToolsGroup 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.
Add efficiency to your retail planning across the supply chain by understanding current stock, inbound stock, lead time, and presentation standards. With these demand planning insights, you can maximize profits by quickly allocating inventory to stores with the highest selling potential.
Maximize sales and increase profits with inventory allocation
Increase profit margins
ToolsGroup Allocation software increases retail sales and reduces excess inventory, earning you higher margins. Because the solution weeds out unnecessary spending, it helps you lower costs throughout the supply chain–and drive higher ROI–by maintaining the optimal inventory level.
Adapt at the speed of retail
The innovative inventory optimization engine uses projected store level demand to send stock to stores for initial allocation. The system then automatically assesses replenishment needs and adjusts for demand shifts across the product life cycle. You get precise inventory management, and the confidence that the right quantity is going to the right channel at the right time.
Gain full visibility into your allocation planning
With the ability to configure multiple merchandise allocation methods and roll up store projections, you get visibility into future flow and stock holdings at both the warehouse and store level. This enables you to maximize your allocation strategy and inventory replenishment needs for multiple levels of the product hierarchy–and across attributes
Improve retail planning productivity
Eliminate time lost to tedious activities during manual retail allocation and replenishment decisions. Instead, spend your time where it matters most–focusing on the big picture of your allocation strategy. With freedom from duplicate processes, data extraction, and spreadsheet manipulation, you can uncover the merchandise financial planning insights that drive maximum impact.
World’s leading designer, marketer, and distributor of athletic footwear, apparel, equipment and accessories increases sales with ToolsGroup Allocation software.
Global Footwear Retailer
- Accurate Allocations
+2M incremental units sold through vs. the year prior - Massive ROI
1 day of peak selling period paid for the entire project - Accelerated Productivity
80% reduction in time spent allocating inventory
Build customer satisfaction with retail allocation software
Allocation strategy tools
Create demand-based allocation strategies to pull stock as needed during the product life cycle, with insights based on actual and projected demand by location. Automatically calculate subsequent allocations into the future as demand changes.
Product models
Product models index locations against each other to create location-level demand forecasting for any product. This enables you to think strategically about store allocations and replenishment, letting the ToolsGroup Allocation engine do the intensive, in-depth analysis.
Roll-up and projections
Recommendations for stock, sales and future allocations are provided to retailers and assist in accurate forecasting. Your projections can be rolled up to compare to plans, determine capacity constraints, and estimate warehouse pick requirements.
Allocation product groups
Rather than using traditional hierarchical structures, use product allocation groups to allocate merchandise. Define additional allocation strategies and assortment planning for unique merchandising requirements. Examples include excess and clearance merchandise, specific merchandise or collection groupings.