Solutions / Retail Solutions / RetailInsight Services

Solutions
Retail Solutions

• In-Season Merchandise Management
• Merchandise/Assortment Planning
• Assortment Execution
• Optimization Services
• Assortment Optimization
• Size Optimization
• RetailInsight Services
• Outsourced Services

Vendor Solutions

7thOnline RetailInsight Services

Executing profit-maximizing retail assortments is a complex process involving various business functions and technology solutions.  The IT initiatives in support of this process are often significant and time-consuming investments.  However, delaying these projects means unnecessary lost profits in the form of missed sales, markdowns, and excess inventory.  7thOnline RetailInsight Services are targeted consulting engagements led by 7thOnline's team of industry experts that enable you to take a lower cost, lower risk approach to solving various assortment planning problems.  You can leverage 7thOnline's proven methodologies and retail planning business process expertise to drive rapid ROI without the large capital commitment.

Merchandise Assortment Assessment Identify lost sales Identify unproductive inventory Identify local demand profiles Recommendations for profitability improvement

POS Cleansing and Reporting View POS data at any planning level and time period desired by the user Correct inconsistencies with POS data; account for lost sales and unproductive sales

Profiling Store Demand Patterns Analyze POS data to group stores with similar selling tendencies

Recommended Assortment Breadth and Depth Determine optimal SKU count at any level and time period Recommend quantity and distribution for each recommended SKU

Recommended Size Distribution Determine optimal size ratio by location Recommend optimal design of pre-packs

Key Item Planning and Tracking Recommend Key Item sales, receipts and inventory by week Monitor actual weekly performance to Key Item plan Adjust and track Key Item promotional performance

Automated Open To Buy and Forecasting View Sales, Receipts, Inventory, Markdowns, On Order and other metrics at any planning level, location and time period Forecasting capability estimates future trends in Sales

Financial Plan by Location by Hierarchy Allocate Corporate Financial Product Plan to match Location Plan and display at any planning level and time period

WHY 7THONLINE
Retail industry acumen & many years of experience working with industry leaders Industry-leading technology Proven ROI Speed to benefit Lower cost

Contact Us
Corporate Headquarters: 24 W 40th Street, 11th Floor New York NY 10018 Tel:  800.775.7571         212.997.1717 Fax: 212.997.1133 sales@7thonline.com support@7thonline.com info@7thonline.com
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