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JustEnough InDemand - Volume 3 Issue 2
Markdown Planning: The Better Way to Manage Inventory, Increase Margins and Phase Out Products

No matter how well you plan, markdowns are an inevitable force to be reckoned with. Smart retailers know that an effective markdown strategy can help them drive store traffic, reduce excess inventory and better manage product phase-outs.

That's why JustEnough introduced our newest solution, Markdown Planning, in April. JustEnough Markdown Planning provides businesses with an intuitive, interactive way to set multiple markdown structures while maintaining complete visibility into the impact they may have on inventory, revenue and margin. It also lets retailers create markdown plans at the product level and evaluate them at the aggregate level.

Creating a successful markdown strategy has never been easier. But don't just take our word for it. Aberdeen Group had this to say about JustEnough Markdown Planning:

"Markdown management is becoming a competitive differentiator for companies vying for market share in today's competitive retail environment," said Sahir Anand, Aberdeen Group's vice president and principal analyst. "According to our data and assessment of JustEnough Markdown Planning, this application adds another pillar to JustEnough's merchandising management offering. With Markdown Planning, retailers can use an added capability to price products from beginning to end throughout their lifecycles. Our data has shown that understanding the lifecycle concept can lead to higher profits and may have a direct and positive impact on the bottom line."

Want to learn more about JustEnough Markdown Planning's functionality? Click here to visit us online and to view a five-minute video.

New Customers

Read about the latest companies to join the JustEnough customer community.

Customer Success Stories

Check out JustEnough's new BevMo! and Bob's Stores case studies.

Aberdeen Sales Forecasting Survey

Take this survey today and receive the final report for FREE!

In the News

Read about JustEnough in industry-leading publications like Integrated Solutions for Retailers and SupplyChainDigest.

JustEnough Welcomes New Customers
  AOC Resins

AOC Resins

AOC Resins is a major global supplier of resins, gel coats, colorants and synergistic systems for composites and cast polymers. With EcoTek® technologies, AOC is leading the development of green materials for producing composites that are environmentally friendly.

AOC Resins selected JustEnough Sales Forecasting.

  Keringet

Crown Foods Ltd.

Crown Foods Ltd. is the market leader in the water industry in Kenya, managing the water business for SABMiller. Keringet, the company's master brand, is bottled at 8,000 feet above sea level and is regarded as the finest pure and natural mineral water in East Africa.

The company is implementing JustEnough Mobile SFA to help drive profitable growth.

  Mitre 10

Mitre 10

Mitre 10 is the leading home improvement retailer in New Zealand with an annual turnover of approximately NZ $1 billion. The company operates a retail network consisting of more than 450 Mitre 10 and True Value Hardware stores.

Mitre 10 selected JustEnough's Demand Forecasting, Inventory Planning and Replenishment solutions to help improve inventory management.

  Turn 5

Turn 5, Inc.

Turn 5, Inc. is a leader in the aftermarket auto-parts industry, serving as the operating company for award-winning e-commerce websites AmericanMuscle.com, AmericanTrucks.com and CorvetteGuys.com.

Turn 5 selected JustEnough's Demand Forecasting, Financial Planning and Replenishment solutions to help manage its expanding business.

Success Stories

Check out JustEnough's newest customer case studies!

BevMo!

BevMo! Uncorks Replenishment Success and Continues to Forge a Path for Growth

As a leading specialty beverage retailer in California and Arizona, BevMo! understands what products and brands appeal most to its loyal customer base at every location. But rapid growth coupled with an outdated inventory management system negatively affected the retailer's ability to provide optimal localized assortments and product orders at the store level. With JustEnough, BevMo!'s tapping into success that includes a 30 percent reduction in time spent on replenishment, as well as improved demand forecasting and inventory management capabilities.

Read the full case study

Bob's Stores

Bob's Stores Keeps Customer Interests at the Forefront

Bob's Stores' existing replenishment system presented limited capabilities. The apparel and footwear retailer needed to ensure the availability of the right products at the right stores at the right time. Bob's Stores knew it could maximize its inventory investment while reducing costs and stock-outs with new technology. Using JustEnough has helped the retailer reduce average inventory ownership at the store level by 16 percent, as well as increase the number of apparel and footwear assortments that meet the company's in-stock goals by 9 percent.

Read the full case study

 

Aberdeen Sales Forecasting Survey

Would you like to learn how best-in-class sales teams accurately forecast their business, allowing them to achieve sales quotas more often, retain customers and shrink sales cycles?

Aberdeen Group

Take the Aberdeen Sales Forecasting Survey today! You'll see how your experiences in sales forecasting and analytics compare with those of your peers, giving you the ability to benchmark your performance and see how you can achieve best-in-class results.

All survey participants will receive a FREE copy of the final report (a $399 value), which will provide companies with a roadmap for leveraging the most effective techniques and services across a wide variety of geographies and industry verticals. The report will be available after July 1, 2011.

Individual responses will be kept strictly confidential and data will only be used in aggregate. The survey will take about 15 minutes to fill out and is open through the end of April.

JustEnough In The News

Check out the latest media coverage on JustEnough:

  SupplyChainDigest

Balancing Push and Pull Strategies

SupplyChainDigest

JustEnough offers strategies to help companies marry their push and pull replenishment approaches to improve service levels, grow market share and increase profits.

  SupplyChainDigest

Taking a New Approach to VMI

SupplyChainDigest

JustEnough provides insight into how retailers and suppliers can reap the rewards if they level out their responsibilities for merchandise management and replenishment.

  Progressive Grocer Store Brands

Cloudy With a Chance of Out-of-Stocks?

Progressive Grocer Store Brands

JustEnough President and Chief Executive Officer Malcolm Buxton talks about ways retailers can avoid out-of-stocks and lost sales by focusing on the right forecasting strategies and technology.

  Supply & Demand Chain Executive

5 Secrets to Allocation Success

Supply & Demand Chain Executive

JustEnough Software offers strategies to help retailers reduce markdowns and increase sales by making the most out of their allocations.

  Integrated Solutions for Retailers

4 Growth Strategies for Midmarket Retailers in 2011

Integrated Solutions for Retailers

JustEnough offers recommendations to help midmarket retailers capitalize on growth opportunities and keep costs low.

Contact Us

Interested in learning more about JustEnough?  www.justenough.com

 

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