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5:36 min
View Full Video Script
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Welcome to a short video showcasing some of the key functions and features of the
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Allocation and Replenishment solution, part of the broader Merchandise
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Planning Suite from Board. We will walk through how the solution covers the
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full range of key functions, from product launch to managing dynamic
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demand in season, with forward-looking alerting that helps keep us one
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step ahead.
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The home screen gives users access to all areas of the allocation and
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replenishment function. It is more than just a menu.
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It is a clearly laid out dashboard that highlights key messages so users
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never miss an opportunity. There are clear sections to support
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responses to incomplete intake, monitor performance, and manage
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both allocation and replenishment activities.
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Let's take a look at some of the available functions.
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We start with product launch. This supports new product introductions, giving the
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business time to react to issues and ensuring new lines are ready to impress.
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With visibility of launch dates and inbound stock, we can get into the details
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of each product and determine where it should be allocated using the allocation
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workbook.
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The allocation workbook supports future demand tracking.
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We can see whether our proposed commitment will maintain the sales we are
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forecasting, allowing us to take early action and maximize profit.
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Once a product is in motion, the auto-allocation process reviews inbound
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stock and tracks it against current and forecast demand, providing clear
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indicators of when and where we are over or under
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bought. It will automatically allocate products to where they are needed
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most based on a clear set of priorities and will alert us when
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action is required.
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For existing stock, the replenishment function carefully considers a series of
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parameters to maintain stock levels according to the chosen approach and
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method. This could mean dynamically adjusting to performance, managing
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minimums, or maintaining stable levels both in season and as
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products approach end of life.
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The system prioritizes low stock and alerts users to issues related to
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stock levels and overall stock health.
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We can focus on specific issues and drill into the details.
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This forecast-driven, proactive approach gives the business full control
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without the need to review every single SKU in every store.
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All of these core functions are managed through centralized settings and parameters
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that are visible to all users. There are many available, and
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we have already seen some in action.
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Let's take a quick look at some of the key elements to see how straightforward it
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is to set up drivers that give us the flexibility to manage stock
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where and when we need it, here in the parameter screen.
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High-level management of key drivers allows for a quick setup and also
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supports granular exceptions at any level, from country to store
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and throughout the merchandise hierarchy.
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The location manager controls all sites and associated parameters,
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enabling bulk updates for efficiency.
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If a specific site needs to behave differently from others in the region, this is
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easily managed.
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The product manager is the main controller for items with support for
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differentiation at any level required.
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If an option needs to behave differently by region, channel, grade, or
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store, this is straightforward to configure.
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With bulk update capability, implementing large changes does not
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consume excessive time.
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At any point in the line control process, we can view all current settings and
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range combinations. Defaults are easily managed and filtered down from
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higher levels, giving a clear view of the product and all related parameters.
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With grading profiles initialized from the assortment, store shape and
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strategy are automatically aligned and ready to go.
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Site and option level size curves keep both width and depth synchronized
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with customer preferences and behavioral patterns.
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The goal of any allocation and replenishment system is to prevent
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issues, minimize stockouts, and maximize sales.
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Not every challenge is a risk to be managed.
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There are also opportunities to boost sell-through.
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All of this detail is prepared and presented for the end user, removing the need
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to search for information.
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Whether managing risks or maximizing opportunities, it is essential to
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respond dynamically to shifts in demand and changing behavioral patterns.
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Clearly laid out visualizations of alerts provide focus and allow for
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drill throughs. We get straight to the details needed to make key
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decisions with all necessary information clearly laid
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out. A prioritized list reduces overhead and
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pinpoints the products where action will deliver the biggest results.
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While it is not possible to fix every issue, we can make a difference where
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it matters most.
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In this area, a module-specific agent is available, offering a
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series of pre-built prompts to quickly surface the answers needed.
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Each agent is trained to understand the business area, the specific processes
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being followed, and the decisions being made right out of the box.
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We have access to actionable insights and clear guidance.
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As we will see, each answer is fully usable and transparent.
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Results are presented in a readable format, making it easy to
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understand what is being reviewed and what the output
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means. All information is transparent in terms of the steps
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taken and the data used, so there is no black box to worry about.
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That was a look at some of the core functions within the Allocation and
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Replenishment solution from the Merchandise Planning Suite from Board.
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We have covered a brief overview of some key functions, and there is much more to
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explore. The Allocation and Replenishment solution from Board offers
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comprehensive coverage and the flexibility to support your business.
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Thank you for watching.