Allocation & Assortment Planning

Allocation & Assortment Planning are all about satisfying customer expectations. Just like this box of chocolates, with its different flavors and designs, our allocation and assortment planning program provides choices: flexibility, accuracy and automation.

iKIS delivers the key features for success in an easy to use, customizable format. It’s time to ‘Tighten the Links in your Chain™.’ generic viagra from canadian pharmacy

Allocation & Assortment Planning

Demand Forecasting

iKIS provides fashion forecasting and allocation with more than 14 different algorithms to support the fashion business at a skuloc level. iKIS Allocation tools can use hundreds of custom rules in Mass Maintenance, enabling users to allocate the right products in the right quantity on the shelf at the right location. Rolling the data up into effective plans for assortment and tracking delivers the user details and accuracy at a level previously unknown in a solution that’s 1/10 the price of the competition.

Buyers and Category managers need product/location forecasting and allocations at the store, style, color, and size (UPC or Skuloc) levels. Instead of marking down the ‘leftover’ quantity of the wrong sizes and losing the sales where you ran out of the right sizes, you could have sold the right products, raising sales and gross margin. Attempting to manage sales with a plan at category and level will not meet the demand of the individual customer. Bad buying and poor allocations cost money in lost sales, markdowns, and consumer opinion. See how iKIS can help ‘Tighten the Links in Your Chain™.’

Lead Time Forecasting

Multi Echelon to address

Order Management

Inventory Optimization

Because you can’t sell what you don’t own. Things like fuel price changes and mergers can play havoc with your inbound inventory. You need to know how long from when you place the order until the order is available to ship. Just like there are different parts to your business, you need lead time forecasting that reacts to the individual parts of your business.

  • Forecast LT based on PO
  • Variance to actual and quoted
  • Flag PO to ignore
  • Customize Alerts

Whether multi level DC or multi level within the distribution chain, each ‘hop’ takes time that is not included in most supply chain solutions or is one all encompassing number. That’s not the right solution, iKIS provides a real multi echelon LT solution that can respond independently to each hop on your supply chain because each one can result in a different amount of days between PO receipt and inventory available to sell.

  • Cross Dock
  • Direct
  • Flow-Thru
  • DC to Store
  • Vendor to DC

To have real ‘optimized inventory’ you need an Order Management module that can see the future and know the difference between demand need and filling up space on the truck.

iKIS delivers several tools in an easy to use format including:

  • Customize Your views
  • What-if scenario
  • Edit Orders
  • Flag Meeting Vendor min.
  • Review future orders
  • Optimize Orders

To optimize the profit potential on your inventory you need to balance service goals, inventory carry costs, inventory acquisition costs, vendor minimum constraints, gross margin and GMROI. Too many orders and acquisition costs reduce your profits, too few orders over time, lost sales and carry costs reduce your profits. You need a system that can balance all the factors to determine how many days between each order. iKIS delivers your Inventory Optimizations with tools that include:

  • Days needed to meet vendor min
  • Inventory Carry Cost
  • Inventory Acquisition Cost
  • Break Point Pricing
  • Truck Builds