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PlanSmart™

AI-Native Merchandise Planning Software

Make smarter, more agile financial planning decisions with AI-native PlanSmart. Leverage predictive intelligence to refine merchandising strategies, optimize budgets, drive higher margins, improve forecasting accuracy, and increase planner productivity. PlanSmart is a powerful merchandise financial planning software that ensures adaptability. Build a dynamic merchandising plan to stay ahead of market shifts and maximize profitability.

What is AssortSmart

PlanSmart is an AI-native merchandise planning software that enables intelligent, forecast-driven planning. It streamlines open-to-buy budgets, enhances financial precision, and ensures strategic alignment, helping retailers optimize inventory management investments and drive profitability with data-backed insights.

Proven Impact

Increase in
Gross Margin

Improved Forecasting Accuracy and Increased Sales

Increase in
Planner Productivity

Harness AI for Smarter Merchandise Financial Planning in Retail

This white paper explores how AI-native solutions are transforming Merchandise Financial Planning (MFP) by enhancing forecasting accuracy, improving flexibility, and streamlining decision-making. Discover how AI empowers retailers to optimize financial planning, reduce inefficiencies, and drive higher profitability.

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Whitepaper Cover

PlanSmart Advantages

PlanSmart transforms merchandise financial planning with AI-native forecasting, scenario modeling, and automation. It optimizes open-to-buy budgets, enhances financial efficiency, and ensures strategic alignment. By leveraging demand transparency, exception management, and real-time insights, it enables accurate, sales-driven planning and improves business profitability.

Easy Plan Comparisons

Compare OP, LY, and other plans to assess variances and align financial strategies with business objectives through data-driven insights.

Improve Demand Transparency & Consumer Focus

Gain real-time insights into demand trends, ensuring financial plans are data-driven, consumer-centric, and designed to enhance profit margins.

Data-Backed Decision Making

Enhance decision-making with pre-season and in-season planning, ensuring your merchandising plan stays aligned with forecasts and trends.

Seamless Integration and Rapid Implementation

PlanSmart integrates with existing enterprise systems, enabling a smooth transition, faster implementation, and accelerated business impact.

PlanSmart Features

PlanSmart automates calculations and leverages AI-native insights to enhance forecasting, budgeting, and decision-making. It offers scenario planning, flexible hierarchies, and real-time updates, ensuring transparent, data-driven financial planning. As a powerful merchandise planning software, it enables consumer-centric demand forecasting and simplified reviews, helping businesses improve accuracy, efficiency, and profitability.

Optimized Planning Process Based on Targets
Optimized Planning Process Based on Targets

Align merchandising plans with key constraints, including target GM, EOP/BOP, ST, and choice counts, to maximize budget efficiency.

Planning Flexibility Across Hierarchies
Planning Flexibility Across Hierarchies

Support merchandise and location-based planning across standard and alternative hierarchies, ensuring adaptability for various business needs.

Scenario Planning & Version Control
Scenario Planning & Version Control

Model multiple scenarios, compare versions, and track changes, allowing planners to optimize financial decisions before execution.

Exception Management & Review Process
Exception Management & Review Process

Automate exception detection, flag anomalies, and streamline the review process to reduce risks, improve decision-making, and drive efficiency.

PlanSmart Implements Quickly for Rapid Results

Ingest existing merchandising plans, inventory data, orders, sales data, and external demand factors for AI/ML-powered planning and optimization, delivering precise long-range demand forecasts.

Develop merchandise planning strategies using AI-native insights, optimizing budgets, and aligning decisions across product hierarchies to achieve key business objectives.

Continuously track sales performance against plans, leveraging machine learning models to refine forecasts, adjust strategies, and optimize open-to-buy budgets in real time.

Implement seamlessly, rolling out category by category with guided onboarding, AI-native recommendations, and training to maximize efficiency and adoption.

See PlanSmart in Action

Unlock the full potential of your merchandise financial planning software. Discover how our customer-centric approach helps clients revolutionize their open-to-buy strategies, manage inventory efficiently, and avoid overstock. Ready to transform your planning process? Don’t miss out—book your demo now!

Testimonials

Industry Applications of PlanSmart

AI-native merchandise financial planning software is built for every industry. PlanSmart equips businesses with predictive intelligence, real-time insights, and automated workflows to optimize inventory, drive profitability, and align financial strategies with demand.

Retail

Retailers can leverage PlanSmart, a leading retail merchandise planning software, to create AI-native merchandising plans, optimize open-to-buy budgets, and align inventory with demand—ensuring accurate forecasts, reduced holding costs, and improved profitability across all sales channels.

Hardgoods

Hardgoods businesses can use PlanSmart’s AI-powered insights to mitigate supply chain planning risks, enhance inventory planning, and improve forecast precision—ensuring optimal stock levels, reduced waste, and maximized operational efficiency.

Fashion

Fashion brands can rely on PlanSmart’s predictive analytics to anticipate demand shifts, optimize inventory, and respond swiftly to market trends—driving profitability, minimizing excess inventory and stockouts, and ensuring seamless merchandising execution.

Resources

Stay ahead of industry trends with the latest insights on AI-native merchandise planning. Discover how top businesses are solving planning challenges, optimizing merchandise strategies, and driving growth with advanced analytics.

Related Solutions

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