Page 23 - Gagnon Freres - STORIS Pricing Guidance 10-24-17_Neat

Merchandise Planning

Advanced Buying Tools

Overview - STORIS software is designed to blend the two
vital retail functions, inventory and merchandise
management. Our tools give buyers insight to make strategic
decisions when planning merchandise assortments. By using
key performance indicators and historical data delivered
through reporting, dynamic inquires, and performance tools,
buyers can plan product strategies that yield an optimized
ROI and increase turns.

Features
Understand shopping trends through Demand Forecasting and coordinate with your supply
chain through Vendor Lead Time Management to plan an optimized buying cycle

Calculate Available to Promise dates to set realistic customer expectations on availability
Generate Buying Recommendations using real-time sales data to capitalize on trends
Search by vendor and drill down to the item, category or location using the Product
Performance Reporting Tool in order to paint a full picture of a product’s success

Efficiently flip through SKUs with the Quick & Easy Buyer’s Tool to capture a snapshot of an
item’s performance, develop strategic costing and pricing, and create POs on-the-fly
Build additional reports to capture information you need with the Custom Report Builder
Replenish merchandise based on established ideal stock level settings and automatically

Generate Purchase Orders to be reviewed and sent to your vendors
Manage Merchandise Pricing, adjustments, promotions, and markdowns strategies
Utilize the Floor Tags & Label Designer to create
custom showroom floor tags, POS labels, inventory

bar codes; and documents for purchasing, receiving,
and distributing inventory Impacts

Impacts
Discover KPIs including GMROI, Turns, Inventory
Valuation and % of Sales data in real-time

Eliminate the guess work using reporting and trend
data to make accurate buying decisions
Generate merchandising strategies that lead to a
higher Return on Investment and profitability

Streamline processes with all-in-one tools and automated processes to reduce manual labor

CONFIDENTIAL INFORMATION | STORIS, INC | 1.888.4.STORIS