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DEMAND MANAGEMENT Optimize Your Supply Chain with AI-Powered Demand Management Solutions REQUEST A DEMO Demand Management Mi9 Retail Admin 2020-10-21T01:16:03+00:00 × Cole Haan Customer Success Story for Mi9 Retail WATCH THE VIDEO >> Augment the Efficiency of Your Retail Organization with AI Analytics and artificial intelligence are woven throughout the Mi9 Retail demand management solutions to help retailers continually improve their business processes and know the best actions to take. By taking a more proactive approach to planning, retailers can keep up with consumer demand and have a positive impact on the future. At Mi9 Retail, we aim to help retailers decide how to best optimize their supply chain so they can determine the future growth of their companies, all thanks to the power of prescriptive analytics. Merchandise Financial Planning >> Merchandise Financial Planning is a high-level approach to setting an organization’s sales, margin, and inventory targets, without getting caught up in the lower-level details of the product hierarchy. Users can plan multiple brands, channels, and currencies – all in one view. An integral component of the Mi9 Retail suite of demand management software, this tool manages open-to-buy while offering the flexibility to choose your own planning calendar and manage strategic plan targets across any period within the time dimension. Users can make changes to merchandise financial plans at the highest and lowest levels within the defined product hierarchy. — LEARN MORE Assortment Planning >> Often times, assortment planning is a tug-of-war between art and science. There’s the art, knowing your customers and being able to create a display that demands attention, and the science, looking at the assortment as a mix of numbers, algorithms, and statistics that guide decisions. Automate the process with our Assortment Planning solution that combines art and science to give you the flexibility to get more in-depth assortments. — LEARN MORE Clustering & Profiling >> Continually introducing new items to market helps you keep up your competitive advantage. We make it easy to predict the future demand for new products by using demand profiles. You can create, manage, and evaluate demand profiles for historical products and then apply the profiles to new products to get an accurate picture of future demand. — LEARN MORE Allocation >> Take all the guesswork out of allocating products to locations with our Allocation solution, a core component of the demand management suite. It uses allocation rules to model performance criteria to determine the best placement of stock. Taking current stock, inbound stock, and need into account, the solution quickly allocates inventory to locations to maximize selling potential. Stock can be pre-allocated to increase warehouse efficiency by enabling the cross-dock of stock on arrival. Additionally, configurable allocation rules allow for managing different phases of the product lifecycle including new products, ongoing and pushing out stock for end-of-life products. — LEARN MORE Demand Forecasting >> Automate the production of your forecasts with our Demand Forecasting engine. With smarter forecasts that represent true demand, you’ll avoid poor forecasting outcomes like overstocks, product obsolescence and lost sales. For the most effective demand forecasting, you need true demand history, not just sales history. We provide this critical piece by identifying periods of insufficient stock, which are then used to calculate lost sales. You’ll get the full picture of what sales might have been, had there been enough of the products in stock that your customers wanted. — LEARN MORE Inventory Planning >> Our Inventory Planning solution ensures your products are in the right place at the right time. Not only that, Inventory Planning makes it easy to identify the inventory you need to focus on for higher profit margins and lower inventory carrying costs. — LEARN MORE Order Planning & Replenishment >> Our demand-driven Order Planning and Replenishment solution produces a forward-looking, time-phased ordering plan that considers both the forecast of demand and the current inventory plan. Whether sourcing externally from overseas vendors or dispersing inventory among branches, the solution then suggests the most cost-effective ordering pattern to achieve your targeted service levels. — LEARN MORE Promotion Management >> By managing all types of promotions across all channels in a centralized system, companies now have the capability to coordinate promotions across all departments that are involved in the process from merchandising to marketing and advertising. We give you the power to easily and accurately plan successful future promotions, incorporate their impact into the overall retail planning process, and evaluate their effectiveness. The result is creative promotions that attract new and existing customers, increase revenues, and reduce inventory levels and marketing costs. — LEARN MORE Price & Markdown Planning >> Price and markdown planning are levers smart retailers use to drive store traffic, manage product lifecycles and maximize sales and margins. We provide intuitive, interactive views that planners can use to set multiple price and markdown structures with complete visibility into inventory, revenue, and margin impacts. — LEARN MORE About Mi9 Retail Mi9 enables the world’s leading retailers to automate and optimize their entire Plan-to-Sell® process, from planning to managing to selling merchandise in-store, online, and on any device. Our corporate retail systems facilitate better demand forecasting, planning, and merchandise management; our point-of-purchase systems increase revenue and customer engagement; and our analytics tools speed time to insight. Mi9 cloud-based solutions incorporate the latest innovations in AI and machine learning to boost system intelligence, automate manual routines, and deliver exception-based workflows. Mi9 Retail is committed to helping retailers on their paths to success, so they can maximize revenue, increase margins, and reduce costs. Latest Posts Health crisis: what impact on supply management in points of sale? Mi9 Retail and Planalytics Partner to Improve Demand Forecasting Accuracy and Increase Profitability for Retailers by Incorporating Weather Analytics Mi9 Retail Launches New In-Store Mobile App to Help Retailers Improve Inventory Management Mi9 Retail and ThryveAI Showcase Grocery Innovations at Google Cloud’s Partner Pavilion During NRF 2021 SOLUTIONS Retail Analytics Merchandise Management Demand Management Order Management Point of Sale Digital Commerce Customer Engagement CONTACT US North America: 1.888.326.8579 Europe: +44 800 302 9375 Email: info@mi9retail.com By continuing to browse this site you are agreeing to our use of cookies as outlined in the Privacy Policy . © Copyright 2021 Mi9 Retail | All Rights Reserved This website uses cookies to improve your experience. By continuing to use this site, you consent to our use of cookies. I ...