How It Works

MFP tells a story

Past performance, opportunities, threats, potential … and no surprises!

Having a clear understanding of monthly data, including cross-category effects on the business, eliminates the element of surprise. By demonstrating the impact of the buying team’s decisions on profitability, it becomes possible to increase profits through more informed decision-making.

Stock sustainability

Make informed decisions about whether to continue stocking certain product lines, adjust inventory levels, or make changes to buying strategies in order to maintain an appropriate level of inventory that meets your customer demands, while minimizing excess or obsolete inventory.

Simple category management

Accurately map MFP to your RMS with an easy-to-use category management tool. This helps you stay connected to your sales data and track product performance, giving you valuable insights to evaluate your objectives and modify purchasing strategies for predictable and manageable results.

Forecast and plan KPIs

Establish effective metrics to track the success and performance of your merchandise, comparing projected outcomes to actual results. Given how rapidly markets change, by using real-time, accurate information and improving your forecasting accuracy, you can better plan for demand per-item and maximize profits.

Multiple locations and outlet types

Add multiple locations, attached to the same organization – brick-and-mortar stores, online stores, factory outlets warehouses, or any other sales location.

Align your team’s objectives and strategies

MFP’s approach brings your whole team together in the planning and review process so everyone knows what’s expected and whether it’s being achieved. It ensures transparency of the process, and gets everyone on the same page, ensuring a timely, coordinated response to issues and opportunities, category-by-category, KPI-by-KPI.

Owners

Get a comprehensive, birds-eye view of your store’s inventory, sales and forecasts, and make informed decisions about your business.

Managers

Get accurate monthly data by location to effectively track and analyze category performance, and improve profitability.

Buyers

Get overall inventory and sales data with actionable insights and accurate forecasts needed to make informed decisions about future buying strategies to meet customer demand.

Key Features

Manage merchandise categories to improve forecasting accuracy and planning for demand. By measuring and monitoring the “vital signs” of your business, such as inventory levels, sales performance, and first margin, retailers can make planning decisions that minimize future risks, reduce markdowns and increase overall profits.

Make a habit of minding your business

Focus on profitable decision-making by ensuring that the right products are available to your customers at the right time, in the right locations, and at the right price. You’ll learn how to increase sales, reduce markdowns and excess inventory, and increase your margins across all categories.

MFP helps you build compelling range plan offers and go shopping for your customers with buying budgets that ensure your purchases meet customer expectations and achieve your profitability goals.

Your inventory is your biggest asset

Get the most from what you’ve got

Understand your true inventory needs, and how markdowns, margins, and merchandise mix are affecting your bottom line, then choose the best path going forward, based on what’s happening now.

Focus on what’s in front of you, then broaden your view … it makes all the difference!

Plans are worthless but planning is priceless!

Get a deeper understanding of your retail business