PROFESSIONAL ADVANTAGE MICROSOFT PRODUCTS
RETAIL ANALYTICS & MERCHANDISE PLANNING (RAMP)
SMARTER RETAILING
When it comes to merchandise planning many retailers are restricted by a lack of timely and accurate information on their sales, stock turn and customer demand.
The Retail Analytics and Merchandise Planning (RAMP) system is designed to give retailers insight into their performance and resolve their biggest dilemma - minimizing inventory stock while maximizing inventory availability.
Merchandise Planning and 'Open to Buy'
The RAMP system uses transactional data contained in your POS system to deliver the information required to effectively manage the inventory and buying processes. The advantage of the system is its ability to locate slow moving inventory from other stores prior to purchasing additional stock from the vendor.
It suggests store transfers and purchase orders that can be analyzed and fine-tuned by the buyer. Once the buyer approves these activities they are generated as transactions in your retail management system. Buying managers achieve greater control of buyers’ budgets thanks to the centralised view of buyers’ activities across the company and their ability to lock down pre-set spending levels. |