We can forecast customer behaviour so that we are always keeping one step ahead of the game.
Hossein Parvin, Alliance Pharmacy
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Merchandising Solutions
The K3 Merchandising module, based on Microsoft Dynamics, allows for flexible and accurate allocation and replenishment of products to the store based on current stock levels, sales history and sales forecasts.
The objective of any buying and merchandising function is to achieve maximum sales potential given the available spend, whilst at the same time manage the selling environment in terms of product range and stock availability.
The larger the organisation in terms of product range and number of sales outlets, the greater the challenge of balancing range availability.
With the K3 Merchandising module, processes are managed through replenishment worksheets which suggest order quantities based on parameters set within the system and information about the current and forecasted stock position.
Once created, purchase orders and transfer notes are held, pending approval, before being released to suppliers or your own distribution centres for fulfilment.
For complete flexibility, the Merchandising module also takes full account of any ad-hoc purchase orders and transfers between distribution centre and stores.
