Best-in-class retailers are leveraging innovative technologies that allow better merchandising and assortment planning decisions. As consumers continue to utilize multiple channels to browse and buy, these solutions are improving customer satisfaction and increasing purchase rates, and becoming more paramount to retail success.
JustEnough, a demand-driven merchandising solution, was designed to provide retailers with flexibility, accuracy and automation throughout the assortment planning and replenishment processes, ensuring products are available at all times across all channels. The platform offers several tools that help retailers improve product allocation, financial planning, and pricing and markdown structures, as well as analyze the effectiveness of specific promotions.
“Tackling complex demand and supply management challenges isn’t new,” said Malcolm Buxton, President and CEO of JustEnough. “Yet these problems get more complex every day. JustEnough focuses on combining ease of use with optimization to make it easier for retailers to forecast demand, plan assortments and inventory, allocate and replenish products, and place orders.”
Featuring an intuitive user interface, JustEnough is an integrated, end-to-end solution that is available in the cloud or on site. As of mid-September 2012, more than 500 brands, including Abercrombie & Fitch, Bob’s Stores, Kenneth Cole, Levi Strauss, Restoration Hardware and TJ Maxx, were leveraging the JustEnough platform to optimize inventory and marketing strategies across channels.
“We are making smarter inventory decisions with JustEnough,” said Victor D’Amato, Assistant VP of Planning and Analysis for Bob’s Stores. “Having better control over how we manage inventory levels, as well as how much we invest in our products, gives us a significant competitive advantage.”
At the end of Q3 2012, JustEnough will launch a new Promotions Management solution to help retailers plan and execute more effective campaigns and promotions based on demand forecasting. With this new offering, merchants will have the ability to meet promotional demand and maximize revenues more efficiently.
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