Buying
Powerful tools to make the right decisions
Confidence in your buying decisions is vital. Futura puts real-time data on product performance and stock levels at your fingertips so you can plan budgets effectively and react quickly to shortages, or surpluses.
Buying functionality ranges from the raising of manual purchase orders to intelligent recommended re-ordering procedures, based on demand-driven target and minimum stock levels.
Fast item creation and a flexible product structure all help deliver a sleek buying process.
Key Features for Buyers
Supporting accurate buying and merchandise planning from day one, rather than gut feel, was crucial. We need to make sure that stock is always working for us. All the detail is there in a format we can quickly use. We have a complete, live picture of the business.
Nishil Thakrar, Steel & Jelly
Budgets and Open to Buy
It’s simple to compare planned budgets with actuals, check variances for a specific store, product or sales period, and make adjustments accordingly.
Futuras budget management for buyers supports a variety of Open to Buy calculations, so you can quickly see if you are within budget, whether you need to buy more or pull back.
You can even access your budgets on the go, at trade shows or when visiting suppliers.
Target stock levels
Intelligent minimum and target stock levels generate recommended purchase orders, as a click of a button. Sophisticated “what if” functionality means you can see the effects of buying one range over another and avoid over-ordering slow sellers and excess fringe sizes.
Manage stock more effectively with suggested inter-branch transfers before re-ordering becomes necessary.
Core buying and merchandising features:
- Purchase Ordering
- Target and Minimum stock levels
- Merchandise planning
- Supplier performance reporting
- Recommended reordering
- Product information management
- Real time Replenishments
- Budgeting
We use ‘what if’ functionality to see the effects of buying one range over another and have achieved 9.8% gross profit margin increases in a number of departments, with an overall increase of 4%.
Menarys Department Store
