ItemSmart
Achieve precise planning with ItemSmart. Plan at SKU, Department, Class, and Sub-Class levels. Optimize inventory flow and drive business outcomes with AI-driven insights.
ItemSmart Advantage
ItemSmart is engineered to streamline your retail planning and inventory management, delivering powerful capabilities that drive efficiency and growth. Here’s how it benefits your business:
Optimized Sales Forecasting
Achieve precision by targeting key metrics like sales dollars and units. ItemSmart enables confident revenue and volume planning through data-backed insights.
Efficient Inventory Control
Balance stock levels seamlessly, preventing both overstock and stockouts. ItemSmart ensures smoother inventory flow across your entire supply chain, improving operational efficiency.
Versatile Planning Across Multiple Levels
Plan at any level—SKU, department, category, or region. Tailor your strategies to meet specific business needs while aligning with broader organizational goals.
Informed Decision-Making
ItemSmart empowers you with data-driven insights, enabling you to make well-informed decisions. With access to key metrics, you can confidently adjust strategies and optimize outcomes.
ItemSmart Features
ItemSmart combines cutting-edge technology with intelligent features to revolutionize planning and inventory management:
New SKU and Placeholder Management
Easily manage new product launches by mapping new SKUs to similar items and carrying over existing forecasts. This boosts accuracy and speeds up the planning process.
Historical Performance Analysis
Compare multiple reference versions, such as Last Year (LY), the Year Before Last (LLY), as well as approved plans like OP (Original Plan) and LF (Last Finalized), for better-informed decisions.
Discount Planning
Plan and forecast sales across multiple discount levels to drive sales and maximize profitability. ItemSmart provides accurate sales predictions for each selected discount point, helping you make informed decisions.
Streamlined Approval Workflow
Simplify the approval process with seamless transitions from Working Plans (WP) to Original Plans (OP) or Last Forecasts (LF). This ensures consistency in your planning and execution.
Industry Applications
ItemSmart is transforming how industries approach planning. With AI-driven precision, it optimizes inventory, forecasts sales, and empowers teams to make smarter decisions faster. Whether you're in retail, hardgoods, or fashion, ItemSmart’s tailored insights streamline processes, boost profitability, and drive operational success.
Retail
ItemSmart’s versatility allows retailers across all sectors—e-commerce, big-box, and specialty stores—to optimize SKU-level planning, forecast sales, and manage inventory efficiently, enhancing overall supply chain operations.
Fashion
ItemSmart excels in the fashion industry, where fast-changing trends and seasonal shifts demand agile planning. It enables accurate sales forecasts, inventory management, and rapid adaptation to market changes.
Hardgoods
Designed for hardgoods retailers, ItemSmart adapts to the unique needs of industries like electronics and appliances. Its precise SKU-level forecasting ensures inventory is aligned with demand, reducing stockouts and excess.
ItemSmart Implements Quickly for Prompt and Lasting Results
Learn
Uncover actionable insights with ItemSmart. Analyze sales dollars, units, and historical data like LY and LLY to identify patterns. IA forecasts provide a solid foundation, saving you time and allowing you to refine areas for improvement.
Build
Plan at any level, from SKU to category. Develop accurate forecasts for new SKUs using mapped items and strategize discount plans at multiple price points. Tailor your planning to meet specific business goals with ease.
Monitor
Stay in control with real-time tracking of sales, inventory levels, and receipts. Evaluate plans using reference versions like last year (LY) or the year before last (LLY) and ensure alignment with business goals by monitoring approved plans for consistency.
Deploy
Turn data into action. Deploy plans seamlessly, transitioning approved strategies into execution. ItemSmart ensures all your decisions are informed, precise, and ready to drive growth.
Discover How ItemSmart Benefits Retailers
15-20%
Increase in Forecast
Accuracy
>90%
Reduction in Forecast Creation and Management Time
80%
Reduction in Time Spent on Assortment Planning Process
Take Control of Your Retail Planning with ItemSmart
Transform your retail planning with ItemSmart. Streamline inventory, optimize sales forecasts, and manage SKUs with precision. Unlock smarter, faster decisions to drive growth and operational efficiency today.
REQUEST DEMO
Resources
Unravel in-depth information on the latest trends in the market, technology, and how your peers are solving their biggest product tagging challenges by using IA’s advanced attribute tagging solutions.
Learn More
Related Solutions
Benefit from our end to end solutions at the outset, or add more as you see the difference we make.
Manage Your Retail Planning with ItemSmart’s Precision and AI-Powered Insights
Unlock the power of AI with ItemSmart to elevate your retail planning. From SKU to category-level forecasting, optimize inventory, and drive smarter, faster decisions. Leverage pre-built data to enhance accuracy and efficiency across your entire operation. Connect with our experts today and discover how ItemSmart can revolutionize your approach to retail planning.
Driving ROI through
AI Powered Insights
We are led by a team with deep industry expertise . We believe in “Better decisions with AI” as the center of our products and philosophy, and leveraging this to empower your organization
REQUEST DEMO
