What is daVinci’s Buy Management System?
A retail management system is a suite of software application solutions designed to help you manage your retail planning process. From Buying to Assortment Planning to Merchandise Financial Planning, daVinci’s Buy Management System provides your retail merchandising team with a set of tools for all their front-end supply chain needs. Your merchants and planners can buy the right products, in the right quantities, at the right time, for the right customers while satisfying the financial objective set by management.
daVinci Buying is a software application that transforms the way retailers manage their purchase order process by improving efficiencies, so merchants get back time to be merchants. Instead of spending time struggling with manual and isolated spreadsheets (widely known as buy sheets or line plans), daVinci’s retail management system automatically consolidates your merchant team’s information in one central place as they work.
This collaborative platform gives your entire team unprecedented visibility anytime, anywhere with automatic roll-ups and industry best practice retail analytics to help you make better purchasing decisions. In today’s dynamic business environment, daVinci’s retail management system gives your team the speed and agility you need to compete.
Your buying process’s complexity dictates that you plan and buy your merchandise assortments to address each of your micro market and multiple sales channels’ unique needs. daVinci Assortment Planning leverages all of the powerful tools available in daVinci Buying, with added capabilities of tailoring your buys for each unique group of customers or sales channels.
daVinci Assortment Planning revolutionizes the buy quantification process by replacing decades-old “average store” or “wedge” planning with daVinci’s proprietary calculation engine, meeting every micro market’s demands without over or under buying, which results in margin erosion or lost sales.
Merchandise Financial Planning
daVinci Merchandise Financial Planning is a software application that gives retailers the ability to develop and manage their strategic financial merchandising goals. Your planning team can identify opportunities to increase or decrease product category inventory investments according to trends, margin goals, and merchandise strategies from senior management.
The detailed open-to-buy (OTB) plans provide critical roadmaps on inventory levels and flow to drive profitability and maximize inventory turns. daVinci Merchandise Financial Planning (MFP) gives your planning team the ability to holistically plan for all your sales channels, including e-commerce and wholesale, to meet every business’s requirements.