Solvoyo’s cloud-based line planning solution, with a user-friendly and configurable UI, brings automation to attribute and category analysis and standardizes the planning process for data-driven decision making
A Line Plan (Range Plan) is a roadmap used for laying out the option counts of a new collection by attributes such as end-use, price band, color group, print type, etc., to ensure alignment between Design, Merchandising, and Sourcing teams.
This is a crucial step for fashion retail where there are constant new product development and collection management. This process is usually managed through sales analysis of the past seasons based on the product attributes such as price bands. However, in fashion products, the analysis gets more complicated due to the numerous available product attributes such as the color group, print type, arm length, neckline, fabric type, etc.
Solvoyo Line Planning solution offers an easier, faster and smarter process by consolidating data, simplifying the analysis and planning steps into one, providing visibility to the planning metrics, reducing manual errors, and rationalizing the decision recommendations.
The cloud-based, user-friendly, configurable solution, brings automation to product and line analysis and standardizes the planning process. Financial metrics combined with product visuals help identify best & worst-performers and provide recommendations on arranging the future collections. Incorporating the competitor price data allows retailers to position themselves in the market accordingly and product attributes.
Automatically identify variances across different versions of the plans to reduce or increase budget allocation
Identify where there is the highest return for inventory investments and go after opportunities for maximizing GMROI
Visibility to past collection items