Torex™ Merchandise Planning & Allocation
Torex Merchandise Planning provides a customer-focused merchandise and assortment planning solution to help retailers increase sales, reduce costs and markdowns, balance localized needs, and enhance the overall customer experience. It provides all the essential tools to plan and analyze accurately, including:
- Customer segmentation
- Range visualization including space planning, width and depth planning
- Efficient product packing
- Localized size profiling and increased product availability down to size level
- Reliable planning processes across stores
- Targeting the assortment to appeal to customer profiles at individual store level
With Torex Merchandise Planning, buying and merchandising teams can maintain consistency in both business processes and their execution. Most importantly, they can enhance the customer experience with continuous availability of fresh and appealing products.
By targeting merchandise to specific customers, offering a balanced product range, improving product availability, negotiating better discounts and gathering information quickly and accurately, the benefits of Torex Merchandise Planning include:
Increase in full price sales, due to right product, right place, right time, right balance of sizes to local need
Increased profit through more profitable product mix, less over-stocking and fewer markdowns
Higher GM ROI due to better sell-through and lower stock investment
Improved reliability and supplier relations
Faster response to changing events
Higher standards of planning and control
Torex Business Analysis
Torex Business Analysis is our second generation business intelligence and data warehousing solution developed specifically to address the retail marketplace.
Torex Business Analysis provides a single source for all business critical data, ensuring greater data integrity. It provides timely and accurate information to all business areas, enabling faster and better informed management decision-making. The solution enables retailers to identify and address a wide range of issues including identification of shrinkage and internal fraud, and performance by store and by product.
Torex Business Analysis:
Offers a proven data warehousing and business intelligence solution designed specifically for the extended retail market
Provides a configurable retail dashboard to enable users to customize the solution to display the specific data they require
Features wizards to help users to build complex reports quickly and act upon them
Can offer reduced implementation costs and timescales as a result of using retail-specific data warehousing templates
Can take data feeds from a wide variety of third party applications to allow easy and quick implementation
Enables retailers to gain real competitive advantage by identifying and acting upon a broad spectrum of trends, from fraud to cross selling, staff resource planning to customer insight
Torex has 20 years' experience of working in partnership with some of the world's most forward-thinking retail, hospitality, petroleum and convenience brands to excite, engage and retain their customers.
In an increasingly competitive market, customers today seek a more personal and qualitative experience. By continually investing in technology and research and development and by employing personnel with extensive knowledge and experience of these specialist markets, we are able to identify and define opportunities for our clients to maximize profitability, increase return on investment, and achieve competitive advantage.
At the heart of our performance promise is the belief that the better the service our clients receive from us, the better the service their customers will receive from them.
