spi buyer retail allocation 2.0
TRANSCRIPT
Retail Allocation 2.0MEGAN KELLER
Objective
• Learn how Allocation 2.0 optimizes supplier purchases and delivery across your entire retail organization.
1. SPI Buyer Overview
2. Allocation Process
• Identify inventory to allocate
• Identify locations to receive merchandise
• Execute Results
3. Benefits
CONTENTS PAGE
SPI Buyer
Allocation
Purchasing
Assortment Planning
SPI Retail Suite
Allocation
What
• Determine the optimal spread of inventory across all store locations.
Why
• Improve sales and customer satisfaction
• Fewer stocks-out and lost sales
• Higher gross margin due to fewer markdowns
How
• Access to historical & trend data
• Multiple allocation methods
• Blend performance data
Key FeaturesQuick/Efficient Embedded
analytics Blend
Performance Data
Pivot Grid Control
Visibility to inventory ownership
Multi-Warehouse
Allocate from multiple sources
Utilize product & location attributes
Integration to ERP
Screen Concepts
1. Analytics Engine2. Pivot Grid Control3. Single screen philosophy
Allocation Process
1. Identify inventory to
allocate
2. Identify locations to send
merchandise3. Execute
Results
Create an Allocation
• Get started by defining:• Allocator ID• Allocation Method• Smoothing Method• Description
Select Items• Lists all Receipts, ASN,
Back-stock• Filter & search items • Selection options• Create views
Allocation Data
• Visibility to warehouse & anticipated stock ownership.• Holdback Stock - Qty vs. Qty to Alloc• Save Views
Pivot Grid Control• Consistent across all
modules• 2-dimensional view of
fields• View allocation data
at any level• Client specific fields
Allocation Process
1. Identify inventory to
allocate
2. Identify locations to send
merchandise3. Execute
Results
Selection Set
• Load/Save Sets• Store List & Rules• Define Weightings:
• Hierarchy• Modeling• Measure • Time• Attributes
Selection Set
• Utilize profitable sales metrics to evaluate stores
• Blend historical & trend timeframes
WOS
•Specify a desired weeks of supply
•System calculates the quantity to allocate to satisfy those objectives
Store Modeling
• Auto populate with nightly feed
• Manually apply within screen• Lift Pct.
Min/Max
• Maintain minimum stock levels
• Define min/max by Store or Rank
Allocation Process
1. Identify inventory to
allocate
2. Identify locations to send
merchandise3. Execute
Results
Allocation Results
• Store/Size level breakout
• Tweak, Reject, Resubmit or Release
Allocation Scheduler
• Schedule allocations to run after hours
• Ongoing Items• Maintain min stock level by store
Benefits
• Maximize productivity• Boost sales by delivering
improved product availability• Increase profit margins by
reducing:• Markdowns• Over or under stock conditions• Inventory carrying costs
Right Product
Right Quantity
Right Place
Right Time
What’s New?• SPI Platform and user interface• Analytics engine - greater flexibility and speed• Keep the user in a single screen• Excel-like commands that are familiar to most users
