Merchandise Planning

An inefficient merchandise planning process runs the risk of lost sales from stockouts of in-demand products, misaligned investments if there is overinvestment in under-performing products, or excess inventory that drives up carrying costs and markdown losses. Plan stock confidently with accurate and detailed merchandise planning in Prophix One FP&A Plus.

Gain full visibility and customization over the logic driving your merchandise plan, with the ability to input drivers like lead times and sales mixes and use driver-based calculations to forecast merchandise inventory, cost of goods sold (COGS), freight-in, and more. An accurate merchandise plan sets you up for success throughout the year when it comes time to identify and learn from insights such as pinpointing top-selling products or underperforming items, inconsistencies in the supply chain or regional variations, as well as detecting shifts in customer preferences. Variance analysis only becomes meaningful and strategic with a robust and accurate plan laying down the groundwork.

FP&A Plus enables accuracy in the creation of your merchandise plan by allowing you to leverage historical data on sales returns and discounts to accurately forecast sales. Use top-down spreading or bottom-up drivers to create a plan you can roll up to the corporate level and keep everyone, from inventory managers to pricing analysts, aligned on maintaining optimal stock to meet customer demand.

Hedge your risk against strategic blind spots, lost sales, excess inventory and misaligned investments with efficient merchandise planning and scale your process as your business grows.