The Vision Merchandising solution provides traditional, self-sourcing and multi-channel retailers with the tools to manage complex business processes while delivering real-time information across the enterprise. Exception-based analysis helps retailers maximize profits, increase turnover, reduce carrying costs, automate processes and negotiate more effectively with suppliers. Global access to real-time data from stores and distribution centers enables stock balancing, targeted allocations and improved operational efficiencies.
Manage inventory and distribution better with streamlined business processes
A solid merchandising solution gives retailers the tools to handle the challenges of inventory planning and the processes that create business value. Having the right product mix increases customer satisfaction and enables retailers to sell more merchandise at full price. More and more retailers use integrated supply chain management solutions to monitor new product through the manufacturing process as well as track changing shipping dates.
Purchase Order Management, Sales Audit, Price Management and Price Optimization, Inventory Management, Stock Optimization, Allocation and Replenishment, Consignment Management, Stock Ledger, Size / Pack Optimization, Analytics among others.
Maximize profits and increase sales by identifying and eliminating unprofitable styles, colors, sizes, and dimensions from the product assortment. With merchandising analysis, user-defined attributes can be determined at the style, color, size, class, vendor, site, or purchase order levels. Leverage this visibility to distribute the right merchandise to the right stores, effectively manage your vendors, and gain insight into your collection.
Accelerate accurate purchase order entry through automated purchase order generation based on demand. Purchase in unlimited weights and measures, using our industry-leading prepack management functionality. With purchase order management, ordering can be centralized or decentralized. Auto vendor select aids you in determining optimal shipping and packing guides, while enhanced landed cost templates accelerate order entry, accurately tracks all landed cost components, and supports expenses at any level to gain insight into direct product profitability and OTB thresholds.
Automatically balance merchandise at multiple locations across your organization. Our Allocation module's calculation engine is designed to fill each store's predefined needs, then dynamically adjust based on in-season performance, which minimizes stock outs and improves sell-through for short-lifecycle merchandise. Allocation models can be created for new or existing merchandise using like-styles, for seasonal, promotional and even test merchandise.
Maximize return on your most valuable asset, inventory, with Vision Merchandising's inventory management module. Prepacks and kit packs are flexible, easy-to-use, and are built into every step of the process. From reception tracking and store transfers to physical inventories and RTV management, managing your inventory is easier than ever.
Improve customer satisfaction and reduce holding and operational costs by having the right product assortment in the right place at the right time: the Stock Replenishment module automatically plans, monitors, allocates and reorders stock based on forecasts and triggers.
Proactive price management improves your organization’s markdown quality and minimizes profit erosion. Automated online processes help you to manage high-volume, complex transactions, improving productivity and lowering total cost of ownership. Gain greater control over your sales promotions by leveraging algorithms that support deal pricing and time-sensitive promotions, while the automated markdown function identifies slow moving merchandise as candidates for price reduction. Our price management module supports tax-off days, threshold taxation, management of overlapping price changes, and built-in support for pricing at the zone level or below.
Designed to optimize inventory across the entire enterprise, our stock optimization module suggests transfers based on your user-defined and statistical criteria. Merchandise can be transferred to better performing stores, resulting in increased sales, fast turns, and better margins.
Give your store managers effective tools to maximize sales and improve the in-store experience. Managers can access pricing history, outstanding transfers or use the SKU locator to track down items at alternative locations and facilitate a transfer for the customer.
Stock Ledger delivers a summarized accounting view of your firm’s progress, from opening inventory to month end close at the store and/or chain level. With support for multiple currencies, our stock ledger module facilitates growth as your business expands into the global market. A freeze-count-reconcile procedure for full or cycle counts gives you control to schedule, reconcile and post identified shrinkage to the appropriate accounting period.
Efficiently collect, process, and validate your critical sales information across the enterprise. Our sales audit module provides you with a single control point for auditing POS transactions, ensuring integrity of the data delivered to the supply chain, financial and merchandising systems. Sales audit enables you to automate and spot-check POS transactions, returns and non-merchandise transactions, either on-line or overnight, to get an accurate real-time picture of store activity. Our exception-based Loss Prevention reporting tool analyzes a central database of store-level transactions to automatically detect patterns of fraudulent activity. The module is designed to enable faster fraud identification, improved productivity, greater staff awareness, and higher profitability across the retail chain.
Capture every rebate dollar you earned by using the vendor rebate management module. This functionality allows for easy set up of vendor contracts, automatic tracking of qualified rebates and monthly generation of collection reports for qualified vendors. Using our vendor rebate management module, you can achieve greater vendor control and accuracy in generating and enforcing rebates earned and awarded.
Manage consignment sales and leased space easily with multiple pricing options including standard leasing, by consumption, sales percentage with automatic receipt of sales information from point of sale, or any combination in order to create flexible invoicing options.
Maximize profitability and decrease markdowns with easy-to-use exception-based reporting. Merchants can zero in on critical statistical information at various levels of the merchandising hierarchy, including department, class, subclass, season, vendor, style, color, size, dimension and store, to anticipate and react quickly to issues requiring immediate action.
Keep on top of your fast and slow sellers to maintain profitable sell-through and margins. Avoid unnecessary markdowns by using the built-in decision support tools to separate true markdown candidates from marginal ones.
Create multiple assortment plans for each store, at various merchandising levels, to maximize sales per location. Generate these plans automatically as you prepare bulk, pre-distributed, drop ship, cross-docked or blanket orders.
Optimize sales, avoid premature markdowns, redistribute merchandise and equalize stock-to-sales ratios with our stock balancing module that recommends transfers based on user-defined and statistical criteria.
Take control of departmental inventory usage with the Interdepartmental Transfers module. This tool manages transfers between locations, providing store accountability by department for consumption of "for sale" items.
Manage promotional pricing options within the Vendor Rebate Module, to create performance discounts from suppliers based on meeting receipt thresholds. This functionality provides the retailer with more vendor control and accuracy in generating and enforcing rebates earned and awarded.
Easily group and manage products for resale through product grouping, to improve store sales. This feature works closely with the Interdepartmental Transfers Module to allow each store the flexibility in creation and unkitting of site specific promotion packages.
• Improve your customer satisfaction and conversion rates while reducing your holding and operational costs with a comprehensive retail ERP that uses customer demand to inform key decisions
• Optimize your sales, avoid excessive markdowns, redistribute merchandise and equalize stock-to-sales ratios using intelligent stock models
• Gain greater control of your inventory flow with robust ordering and collaboration capabilities, sophisticated replenishment and an integrated allocation module
• Improve GMROI and stock turns with easy-to-use exception-based reporting
• Benefit from integration with the rest of the Vision Suite allowing for long-term planning of your IT strategy and investment by incorporating Vision Planning, Vision Financials, Vision Store, Vision SCM (Supply Chain Management) and Vision CRM (Customer Relationship Management)