Merchandise Intelligence

Your behind-the-scenes partner for SMARTER BUYING, BETTER PLANNING, and STRONGER PROFITABILITY! Designed for the independent retailer, MVP takes the guesswork out of inventory by turning your numbers into clear, actionable insights, giving you the ability to know WHAT to buy, WHEN to buy it, and HOW to keep cash flowing!

What is Merchandise Planning?

If you ask ten different retailers, “What is merchandise planning?” you’ll likely receive ten different answers. That’s because the concept can mean many things depending on who you ask and how their business operates. With MVP Retail, it’s not just about managing products…it’s about taking a strategic, systematic approach using our intuitive platform to ensure every buying decision contributes to a healthier bottom line.

Merchandise planning is the process of maximizing profitability and return on investment by accurately forecasting sales, aligning inventory with customer demand, and making smarter decisions that reduce waste, improve cash flow, and increase efficiency across the entire retail operation!

A well-defined classification structure is the key to gaining the insight needed to take full advantage of your store’s sales potential.

Inventory Classification

You need a solid classification structure. Effective merchandise planning is based on those specific classifications, as each one represents a mini “business” within the confines of your store. Managing each of those “businesses”, or classifications, separately will lead to the proper flow of merchandise in your store.

As we know, every season the fashions change and vendors offer some great and some not-so-great merchandise.

Classifications allow you to look beyond these highly variable factors (such as fashion trends) and gain long-term understanding across the marketplace to recognize what is ACTUALLY in demand at your store. Our consultants at MVP Retail will help you set up this classification structure in a way that fits YOUR business!

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