Key Item Workbench

Finally an innovative yet practical approach to merchandise and assortment planning that provides immediate benefit to your planners and buyers through the creation of actionable buying plans. Item Workbench takes a laser focus on the quantitative side of item planning, is easy to understand and can be implemented in a fraction of the time (and cost) of any other merchandise/assortment management solution. Rich attribute based analytics and exception management allow you to view your proposed merchandise through your customers  eyes pre season, and manage your products to a successful conclusion in season.

In reality buyers do not buy classes, they purchase specific items. Ideally they also plan the forward receipt flow, as well as simulate and execute pricing and promotional strategies across the life of the product purchased. Working at this level of detail is required in any case to support purchase order management, and an accurate cash flow needs to understand the timing of each items receipts, and the vendor (therefore the payment terms) for that item.  Working at the item level can also provide the merchant with the ability to look at combinations of items planned to insure that the planned purchases are balanced for key assortment themes and characteristics such as price point, possibly brand, size, color, flavor or fabric, those key attributes that influence customer purchasing.

Planning Prophet Item Management Workbench is a new offering that focuses specifically on the quantification side of item management and through integration to OTB, Cash Flow, and Replenishment finally provides the 360 view of inventory and demand required to properly manage execution oriented planning. As a ready to implement module most Retailers will find Planning Prophets Key Item Workbench a good fit to their business needs.