Review Historical Sales Data When Planning Future Assortments
Analyze your data to make better planning, design, and sourcing decisions
As a retailer, knowing when and what styles should be carried over, replaced, refreshed or even dropped is key to staying competitive in today’s fast-fashion world and fast-paced retail industry.
To ensure the right products are delivered to market, merchandisers, designers, developers and management leverage the integration capabilities of PTC’s FlexPLM solution which retrieves and displays sales history from common ERP and POS systems during the crucial planning process. Other capabilities include:
Access to deeper insights and data from multiple systems to ensure you develop the most relevant assortment
Compare up-to-date product development data, such as design aesthetics, suppliers and cost estimates, against merchandise assortment plans in real time
Having the right solution to aggregate, digest, and offer valuable insights is key to realizing value from data and achieving higher margins. Our solution, ThingWorx, is the platform behind the ability to retrieve critical sales history to support line planning within FlexPLM. It utilizes the powerful integration and analytics capabilities specifically created for managing big data in the world of connected retail.
Ensure success with PTC retail solutions
Contact a Retail Journey Expert Today
Consult with an expert to discuss how you can maximize your ability to quickly sense and respond to supply chain opportunities.