the Top Initiative for Retailers
Retailers are transforming disparate planning systems into one cohesive environment.
Real-time Analytics a Game
Changer for Today’s Retailers
Real-time analytics help guide more accurate planning and allocation decisions.
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Planning & Allocation Experts
Optimize Merchandise Planning
We help you identify and leverage the best tools and processes to optimize merchandise planning, assortments and inventory levels
Having foresight to predict the correct goods and quantities your customer desires at any given time is one of the biggest challenges in retail. Since inventory is a significant investment and expensive to carry on your books, accurately predicting demand is critical to your organizational viability. With the right tools and strategic vision, however, your inventory can work for and not against you.
The key is to identify the optimal inventory quantities necessary to support sales without shortages, while minimizing markdowns and unproductive inventory. Paired with the right processes, today’s robust planning and allocation tools can help you achieve just that.
With our broad industry knowledge in the planning and allocation space, we bring tremendous value and custom tailor an approach that is best for your bottom line.
Maximize Your Inventory Investment
Define a strategy to maximize your inventory investment by accurately planning and allocating for customer demand
Retail planning and allocation centers on identifying buying patterns and trends, studying what quantities are sold on a week to week basis, and focusing on placing products where they will find most traction with your customers. Analyzing these elements reveals how much investment to put behind each category or class of goods, allowing you to validate retailing decisions before expending funds.
Our consulting experts are highly seasoned, and show you how to look at past sales and other data to better anticipate the needs and wants of your target market.
By helping you evaluate your business through performance metrics, average industry standards, and other KPIs, we identify short and long term initiatives, as well as quick hits and other ways for you to improve planning and optimize sales on an ongoing basis.
The Knowledge of Consumer Demand
Select a software partner that provides the best fit and functionality for your organizational needs
Financial and assortment planning software enables you to gauge and plan for intended inventory investment and flow on a week by week basis, using previous history as a starting point. These tools take much of the guesswork out of understanding your distinct set of customers, providing systematic insight into their buying habits and preferences year over year.
The knowledge of consumer demand and how it should impact your supply is a necessary tenet of every business. Possessing the appropriate formalized tools to handle this assessment can drastically increase productivity, efficiency, and effectiveness of assortment strategies.
Given our deep familiarity with the marketplace of possible vendors, we help you navigate the waters of your search for the ideal planning and allocation partners to positively impact inventory turns and revenues.
Implementing Your Business Strategies
Implement your business strategies and technology based on best practices
Based on natural interdependencies between your applications, the effective roll-out of planning and allocation tools requires consideration of all teams within the organization. You want assurance that new systems preserve functionality, while utilizing key pieces of information to impact future strategic decisions.
We recognize the value of an integrated ecosystem, and work with you and your chosen vendor to accomplish an architecture that supports real-time data flow between applications. We rely on our extensive implementation management experience to assist you in laying out a future state vision, including the reengineering and preserving processes and functionality as needed to comply with best of breed practices.
We are here to streamline your implementation, giving you confidence that the results will not only meet your expectations, but improve your profits and minimize your expenses.
ABOUT BRP CONSULTING
We are a comprehensive consulting firm helping many of the most successful retailers and restaurant operators solve their business and technology problems. We focus on three key areas: IT strategy, vendor selection and project implementation.
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