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Enterprise Planning for fashion and luxury retailers.
Faced with an unpredictable market, new sources of competition, and tightening margins, fashion and luxury retailers are under increasing pressure to meet customer demands while remaining profitable. Board transforms fashion retail planning by providing all the tools required to analyze performance and use the resulting insights to make accurate plans and fast, effective, informed decisions.
Produce in-depth analyses from supplier to store, based on an accurate foundation of data.
Create a central hub for all retail and economics data, transforming it into actionable insight through interactive dashboards and reports.
Analyze data efficiently and effectively at any level of the organization, from aggregated product ranges to individual SKUs.
Board’s self-service interface enables users to analyze data quickly and with ease, helping them to speed up decision-making.
Link historical data with planning and forecasting in a single solution, enabling you to compare multiple scenarios and plans for better decision-making.
Create more informed retail strategies which are linked to financial and operational goals and based on full transparency of activity across your entire portfolio.
Unify macro-economic data from supply statistics through to sales figures.
Easily manage the creation and review of business initiatives such as M&A, delocalization, and the launch of new brands or products.
Create different scenarios to assess the impact of your initiatives on company value creation.
Set and monitor budgets for various time periods, in line with projected performance.
Ensure you have access to the latest information from all business departments to form accurate, well-informed financial plans.
Derived from the strategic plan, distribute the initial targets and financial goals at brand/region/channel level, taking into account Cost of Goods Sold and information from other departments such as Marketing and HR.
Combine and standardize data business-wide to create clarity and see the correlation between strategic/operational initiatives and their associated cost.
Remove the need to manually collect and consolidate financial data for reporting and analysis, freeing up the finance team to focus on more strategic initiatives.
Linked to your Financial Planning and Budget, ensure the effective pre-season planning of sales, margins, and stock in this key pre-season process that links high-level strategic targets and goals with operational activity.
Effectively plan sales by brand and channel, splitting on category by month/week, phase of the collection, and capsules over the year.
Automatically calculate margins, assessing the impact of the markdowns and taking closing inventory level into consideration.
Define initial stock levels and the strategic allocation, taking into account weeks of coverage, stock turn, and balancing of the supplier network.
Explore different scenarios for future order commitments by category and month.
Enable the development of a credible offer that fits into your stores, delivers on your customers’ expectations, and meets your commercial objectives.
Easily define detailed attributes and goals at category and model level.
Cluster stores according to qualitative and quantitative criteria.
Define the depth and width of the assortment cluster by cluster, assigning OTB budget to every category based on Merchandise Financial Planning targets.
An assortment catalogue, with a visual representation of SKUs, enables merchandisers to create collections quickly and easily.
Develop a consistent process for size curve analysis and planning.
Effectively manage the creation of a library of sales curves based on historical data and patterns.
Based on the targets and OTB budget, automatically calculate the quantities of SKUs to be ordered at size/store level.
Calculate the optimal quantity to be delivered to stores, size by size, taking into account the weeks of display, demand coverage, and supply chain lead times.
Ensure the right stock is available in the right place at the right time.
Easily set the key parameters of the supply chain – production and logistics lead times, pack sizing, and logistics constraints – at aggregated level and assign them automatically to stores.
Enabling the definition of target stock level and days of coverage at store/week level.
Use predictive algorithms to determine future demand for replenishment calculation. Different profiles of demand can be assessed in parallel, together with alternative distribution scenarios.
Combining supply chain settings, target stock levels, and demand, calculate replenishment orders for the distribution network.
Once store needs have been determined, aggregate the demand for the Distribution Centers and calculate replenishment quantities for suppliers.
Ensure the effective control and distribution of inventory based on a combination of sales, forecast, and stock data to maximize profitability and minimize waste.
Plan multiple brands over different selling channels and seasons, defining future stock requirements aligned to key business metrics.
Automatically calculate cash investments on a weekly basis to provide optimal stock levels.
Quickly identify the most effective approach to planning multiple brands over different selling channels.
Increased accuracy in stock planning and forecasting reduces waste and increases sales potential.
Run promotions and discounts without affecting usual customer spending by analyzing behavior in relation to sale periods.
Planning is one of the most difficult capabilities to land successfully. When we were looking for a solution provider, it was clear that Board would be right for us because of its flexibility, and our teams instantly became comfortable with the user interface they would be working with.
Get a tour of the Enterprise Planning Platform in action.
