Enhancing Inventory Management Efficiency
Effective inventory management is crucial for brand owners to meet customer demand while avoiding excess inventory costs. Logility's Merchandise Planning solution assists companies in aligning purchasing decisions with actual demand, ensuring optimal stock levels and improved supply chain efficiency. By implementing Merchandise Planning, brand owners can strike the right balance between stocking enough inventory to meet customer needs and avoiding costly overstock situations.
Transforming Retail Strategies
Logility's Merchandise Planning solution empowers brand owners to create comprehensive strategies for both their entire organization and individual stores. This solution ensures that the right products are available at the right time and place to meet customer needs. With Merchandise Planning, companies can develop open-to-buy plans to optimize inventory levels, margin planning to maximize profitability through strategic pricing, and unit ladder plans to strategically organize merchandise across different levels of their product hierarchy.
Client Success Story: Groupe Dynamite
Groupe Dynamite, a client of Logility, leveraged the Merchandise Planning solution to enhance their retail operations. By utilizing Logility's solution, Groupe Dynamite was able to forecast seasonality for each store in advance, predict trends, replenish inventory ahead of sales, and improve size curves and efficiencies. The implementation of Logility enabled Groupe Dynamite to improve sell-through, reduce markdowns, and increase profitability by positioning merchandise optimally to meet customer demands.