Planning for Success
Working with Retail Inventory Solutions encompasses sales forecasting, inventory projections, merchandising planning, financial analysis and planning for independent specialty retail businesses. Monthly results are gathered from the POS system from each location then used to develop an accurate sales forecast by classification. This information is used to produce a merchandise plan to ensure stores have correct inventory levels needed to optimize sales goals. Budgeting for “open to buy” is provided to plan for future purchasing, and simplified action plans to assist in turning the merchandise plan in to reality.
Retail Inventory Solutions also provide tools, such as a breakeven analysis, for making decisions on the expense side of the business. Cash flow projections are provided to help you manage the business and plan for overall improved profitability.
Contact us at 757-962-0058 for more information.