Most mid-sized retailers rely on Excel to initiate their operational plans and report progress against them. Excel is good at modeling, but for everything else, it is overmatched. Here are the major drawbacks.
Our Panning Solution overcomes these limitations and enables continuous improvement.
We deploy planning tools from ANT USA, an industry leader, and integrates them into 100ENT’s basic architecture. We populate ANT models with the calendar, merchandise hierarchy, history, and metrics. Then ANT’s modeling power pushes corporate plans down to the merchandise classification level by week.
You can progress further in successive seasons to establish lower-level plans.
Once approved, plans reside in our data warehouse for robust in season reporting. This enables users to drill down to understand what causes actuals to diverge from plans.
Every few minutes, your transactional data streams into the data warehouse from 100ENT solutions and widely installed third-party solutions.
Your plans take on vitality once every decision-maker gains access. Merchants need their Open to Buy controls. Store Managers want inventory aligned with sales targets. Marketers demand sufficient inventories for promotions. Ecommerce seeks inventory to meet demand—finance questions how margin erodes.
With 100ENT’s Planning Solution, you are free from Excel limitations and unlock the potential for continuous improvement in all aspects of retailing.