Improve Your Forecast & Allocation As Stores Reopen
Using the compare features in Retail Synthesis Reporting, we created these charts that show how stores are performing against last year. In the majority of cases it is taking about 3 weeks for reopened stores to become positive. It varies greatly by product category and store location. These can be used as a guide in your re-forecasting and allocation efforts.
Track Re-Opened Stores
See which stores are open for the key retailers. Compare TY vs. LY based on ERS global data set.
For other retailers, more detailed information or for an analysis of your business in reopened stores, please contact us below.
Have a question? Join us for ERS Virtual Office Hours.
Join Paul Warren, Director of Consulting for ERS as he shows how to take advantage of VLOOKUP and other MS Excel advanced functions. Next event: Friday, July 10 at 10:00am EST.
Managing inventory Post Covid-19
It will require more than software to manage inventory after Covid-19. New algorithms and smart, experienced demand planners will need to “pressure test” assumptions and optimize inventory Productivity.
Fusing the power of Retail Narrative and the ERS Special Forces consulting team can provide the resources you need to optimize inventory and regain your sales and profitability as stores reopen.
A Powerful Solution for A Tough Problem
Software customized and curated to client needs while injecting industry best practices.
Use open store trends to fine tune models for soon to reopen stores.
Assigns priorities and keeps track of SKU-stores worked.
Store level data at your fingertips to quickly balance inventory.
System calculates recommended inventory by SKU-store.
ERS Special Forces group collaborates with your team and focuses on specific action.
One standard for managing and reporting across your organization.
Integrate 3rd party trend information to fine tune forecasts.
Optimize and track the flow of inventory/assortment for stores opening in 30, 60, 90, 120+ days.
Expertise + Software
Fusion of hands-on expertise and technology gets you results faster.
Our ability to customize lets us curate to your organization’s specific needs.
Built for low overhead and focused approach allows for reasonable rates.
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