RETAIL PLANNING SOFTWARE – DARWIN – FASHION RETAILS SOLUTION

Retail planning software, Darwin offers fashion retail specific information that is essential for an excellent operation e.g.:

  •     Visibility of expected closing stock and gross profit
  •     Timely information of over- or under-stock (open or close to buy)
  •     Synchronized financial calendar and merchandise calendar
  •     Immediate information about stock, commitments and obsolesce
  •     Integrated markdown planning
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  Spreadsheets are the most commonly used tools to control the planning process.

As we all know spreadsheets are fault sensitive, time consuming and the accuracy depends on the user. Once replaced by retail planning software Darwin you will experience a great relief and you can hardly imagine how you could run a business without.

For fashion retailers who can spend millions of dollars there are solutions available on the market.

However, the initial cost is huge and the implementation and use are complicated. Most fashion retailers do not want to spend that much money. But they do need a robust and functionally rich solution, preferably integrated in the back office system. Darwin, the retail planning software, has been developed with those retailers in mind. Darwin, retail planning software, is a standard, packaged solution.

This means that all users work with the same software and that there is no bespoke software. This guarantees continuity and prevents the customer from becoming the prisoner of his own version of the software. Two to three times a year there is a new release. The development of new functionalities takes place in close cooperation with the customers. This has led to an “industry best practice” solution.

FINANCIAL PLANNING by Retail Planning Software – Darwin

  • Synchronization of financial and Product budgets
  • Supports a multi-purpose sales-hierarchy i.e. country-location-store type-store
  • Unlimited number of variations
  • Uncomplicated seeding of a new financial budget based on KPI’s and targets
  • Time buckets can be weeks, 4-4-5 weeks, months or any other definition
  • Extensive information of historic sales and budgets
  • Financial plan on total and product hierarchy level and split by season
  • Online Information Regarding sales, markdown, bits, retail cost, gross profit and cost price

MERCHANDISE PLANNING by Retail Planning Software – Darwin

  • Free definition of Beginning & end date of seasons Such as overlap
  • Top-down and bottom-up seasonal Preparation
  • Online information from comparable seasons
  • Easy seeding of a Fresh Product plan based on Fiscal planning
  • Up to ten Degrees in the product hierarchy and free number of Features
  • Smart handling of never from Inventory
  • Save up and down in the Preparation hierarchy
  • Range control via targets for #styles and #options
  • Balance function for easy smoothing of Postings between Various hierarchy levels

ASSORTMENT PLANNING by Retail Planning Software – Darwin

  • Placeholders to support the buyers with Placing of the Variety
  • Monitors the Variety Program with the top line Product plan
  • Automatic upload and mapping of styles and colors with ERP
  • Possibility to look up and review the collection book including images
  • Overview of Funding and planned Fashion colors per free Specified time buckets
  • Easy Production of new articles with copy Purposes
  • As Much as fifty free-definable columns
  • Possibility to carry out pre-defined calculations
  • Upload of purchase order lines to ERP system
  • Online information about Impending Buy orders and stock of Design colors in assortment plan

OPEN TO BUY, OTB/WSSI by Retail Planning Software – Darwin

  • Multiple seasons and calendar on one Display
  • Easy to use “shopping list” for buyers Through email
  • Weekly Tracking of sales, markdown, margin, Forwards cover, Final stock and OTB (WSSI)
  • Presence of expected and required closing Inventory: what-if simulations
  • In-season reforecast
  • Pre-season and in-season
  • Time buckets May be weeks, 4-4-5 Months, Weeks or Another definition
  • Plan Ahead cover and stock rotation
  • System supported Accomplishment of required closing Inventory
  • Easy seeding of Earnings and markdown budgets for old Inventory utilizing Historical sell-thru & markdowns and required Closure stock Commission
  • Budget Divide over time buckets using historic sales and markdown profiles per plan level
  • Smart Management of never out of Invento
  • ryAlignment of financial and merchandise Funding

MARKDOWN PLANNING by Retail Planning Software – Darwin

  • Optimal timing, frequency and depth of markdowns to Optimize Gain
  • Markdown Suggestions based on Real versus ideal sell-thru and product life cycle
  • Calculates Effect of markdown proposals on gross profit
  • Ability to round Costs or to work with Cost points
  • Age based and Price based markdown proposals for older Inventory
  • Ideal sell-thru curves based on reference products
  • Easy definition of Demanded sell-thru curves with graphics
  • Extensive pre-defined rules Such as maximum Amount of Cost changes, Amount of times between price changes, minimum number of times without markdown after campaigns
  • Priority worth for Effortless Choice of markdown proposals with Maximum priority
  • Comprehensive reporting based on Real sell-thru per style color: bestseller analysis
  • All proposal and markdown relevant Data in 1 spreadsheet
  • Easy upload of new retail Costs into ERP system
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