Toolio Reviews & Product Details

Toolio is a Merchandising Platform for the next-generation of retailers. By seamlessly integrating to your tech stack, automating critical merchandising and inventory planning workflows, and enabling real-time visibility, Toolio empowers you to make faster, data-driven decisions about your most important (and expensive) asset—inventory. Key Benefits - 100% cloud-based - Toolio integrates with Oracle NetSuite to provide a single source of truth for all your retail data and automates forecasting and replenishment. - Automates complex planning, forecasting and merchandising workflows - Unifies the end-to-end planning and merchandising processes on a single platform - Create and synchronize item level demand forecasts in NetSuite. - Pre-built functionality for Apparel, Footwear & Accessories, Retail and Health & Beauty - Flexible no-code customizations - easily configured by the end user Merchandise Planning - Centralized Plan and Actuals Data: Single source of truth for all your merchandise financial planning and reporting. - Auto-Actualization: Seamless integrations to your commerce stack to automate actualizations. Save time and avoid costly errors. - Locking and Spreading: Streamline top-down, bottom-up, or middle-out planning by locking, spreading and inverse calculations. - Personalized Layouts: See your data how you want. Create custom views of your metrics, attributes and date ranges for different stakeholders and use cases. - Custom Metrics and Attributes: Define custom attributes and metrics to analyze your business through your unique KPIs. - Dynamic Hierarchy & Aggregation: Roll-up plans and actuals by any of your attributes. Change aggregations on the fly to see roll-ups by channel or by category. - Scenario Playing: Test, implement and track progress against multiple scenarios in a single view. - Plan Snapshot: Create plan snapshots to seamlessly compare your latest forecast to initial company goals. - Plan Seeding: Simplify plan creation by pulling in historical data, builds and ratios across any custom date range. Assortment Planning Rationalization - Top-Down / Bottom-Up Reconciliation: Reconcile assortment plan to merchandise plan to identify gaps and manage the deviation from plan. - Rationalization: Leverage depth & width recommendations to prevent SKU proliferation and over-assortment. - Smart Start: Smart start your line planning and wedge building by automatically creating cluster appropriate placeholders. Seasonal Line Planning - Hindsight: Compare to past assortments and select comparable products to automatically and accurately quantify buys. - PLM Integration: Seamlessly run your adoption process by pulling developed styles from your PLM and easily assigning them to placeholders. - Gallery View: Virtual fashion wall to visualize the assortment over time and make planning changes directly in the gallery view. Core Replenishment  - Forecasting Engine: Automate forecasting and retrending to streamline creating projections, while maintaining ability for overrides, to improve forecasting accuracy. - Promo Planning: Centralize promo calendar and automatically account for discounts and lifts in sales forecasts. - Replenishment: Optimize inventory by recommending ideal receipts to meet the demand plan, while accounting for lead times and inventory polices like safety stock. Purchase Order Manager - Receipt Consolidation: Consolidate receipts to generate purchase orders, while accounting for minimum order quantities, different freight methods and other supply chain considerations. - MOQ: Ensure minimums are met by pulling forward receipts ensures cost saving from vendors can be maximized. - Purchase Order Management: Manage and approve purchase orders to project the impact on inventory, before final approval is provided to the vendor. Reporting - Snapshots: Slice and dice and roll-up assortment by time, product attributes and location attributes to provide a holistic view of the assortment over time. - Advanced Analysis: Track changes on the assortment over time to understand the evolution of the assortment from pre-season to in-season. - Scenario Playing: Seamlessly create different scenarios and compare them to assess the financial implications of each. Allocation - Accurate Store Level Demand Forecasts: Leverage AI / ML and statistical forecasting to anticipate demand SKU x Location level demand that incorporates new product launches, promotions and many other inputs. - Intelligent Transfer Order Suggestions: Generate transfer orders based on safety stock targets, replenishment frequency and presentation constraints. - Optimize Inventory Deployment: Our SKU rationing logic ensures that we optimize the placement of your inventory down to the last unit to maximize your sales and inventory turn. - End to End Planning: Plan inventory based on forecasted demand by location with the integration to the item planning module. - Turn-key Integrations: Save time and avoid costly errors by automating transfer order creation in your ERP directly from Toolio. - Store Manager View: Give visibility to your store managers so that they understand when they should expect replenishment by style. - Automated Store Clusters: Automatically create store clusters by product performance to drive initial allocation. - Store Capacity Constraints: Manage and respect store level capacity constraints to ensure each store receives what it can carry. - Minimum Display Quantities: Set minimum display quantities to ensure desired product presentation by store.