Predict – Wholesale Order Management

Wholesale business even today is conducted through physical visits to display rooms for purchases and managing orders on spreadsheets. In the current environment where physical visits are strictly restricted, offering an ecommerce portal to wholesalers is invaluable.

Predict – Wholesale Order Management allows systemic management of order baskets through well-defined order lifecycle management. It enables wholesale market managers and customers to collaboratively nurture stocks that they intend to purchase two to three seasons out. The system tracks, monitors and automatically reserves inventory for  wholesale merchants until an actual order is generated or the time limit is met. It continuously feeds changes in order quantities through order management process to downstream processes like sourcing and inventory optimization allowing for better management of open-to-buy quantities and improved forecasting decisions on inventory.

GENERATE CUSTOM ORDER TEMPLATES BY CUSTOMER

Predict – Wholesale order management creates and publishes different templates for different customers with display images and technical descriptions of the product. It also allow customers to view templates and select products as per required quantities and sizes.

MANAGE ORDER LIFE CYCLE

It moves orders through different seasons such as pre-season, mid-season and in-season with complete tracking of status till approval. It also generates emails and alerts for basket changes and has an easy workflow for approvals with integration to forecasting and sourcing system.

ADVANCED ANALYTICS FOR PREDICTING ITEMS AND ORDER QUANTITY

Use advanced analytics to guide wholesale managers in predicting customer order quantity and items ordered. Leverage what-if scenario analysis to understand the impact of various demands, pricings and volume assumptions.

BENEFITS:

• Collaborative rich ecommerce type experience is provided to wholesale customers
• Eliminate errors encountered while managing wholesale orders on excel sheets
• Reduce efforts taken to manage the process
• Nurture from orders to commitment
• Deliver accurate data to downstream processes and systems improving forecast accuracy

Predict – Wholesale Order Management module is designed to complement ReFine (Retail Financial Merchandise Assortment Planning) and Demand Planning to provide you with a complete retail planning suite.