What is Retalon?
A financial plan, typically developed at a category level, serves as a crucial reference point and foundation for the creation of other strategic initiatives. This all-encompassing plan includes vital components necessary for establishing a long-term budget, along with projections related to sales, gross margin, inventory turnover, and various important key performance indicators (KPIs). Stakeholders can assess and endorse figures at different management tiers, which aids in setting financial targets for the upcoming year or several seasons ahead. The plan is based on a long-term demand forecast and utilizes insights from Retalon's predictive analytics engine, which scrutinizes historical sales data alongside factors like lost sales, promotional efforts, pricing adjustments, seasonality, and market dynamics to guide users in forecasting future sales, inventory levels, and receipts. Furthermore, this tool allows users to identify the best initial pre-allocation quantities while taking into account individual location requirements, plan-o-gram constraints, desired product assortments, inventory availability, and pertinent business guidelines. Consequently, this methodical approach to financial planning not only simplifies the decision-making process but also significantly boosts overall organizational productivity and responsiveness to market changes. By adopting such a structured framework, businesses can better navigate the complexities of financial management in a rapidly evolving landscape.
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Company Facts
Company Name:
Retalon
Date Founded:
2002
Company Location:
Canada
Company Website:
retalon.com/solutions
Product Details
Deployment
SaaS
Training Options
Documentation Hub
Online Training
Support
Standard Support
Web-Based Support
Product Details
Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English