Retailers managing multiple data siloes across their supply chain can encounter numerous difficulties, particularly if their visibility is limited.
To ease these roadblocks, Logility, a provider of retail planning and supply chain optimization solutions, has released Voyager Retail Optimization V5.4. The latest release is designed to extend the value of an integrated retail and supply chain platform and delivers new merchandise planning views, extended allocation functionality and robust assortment planning capabilities.
Retail Optimization V5.4 helps turn data into actionable information, providing more alerts, role-based insights, key performance indicators, comparative scenario analysis, and integration with partner and supplier information.
The updated solution includes Logility Voyager Merchandise Planning, which can tailor rules based on a retailer’s unique requirements, as well as Logility Voyager Assortment Planning, which is designed to streamline financial planning and store planning for buyers, empowering them to accurately identify the optimal merchandise mix.
The solution’s Group Allocation function enables retailers to flexibly define and select a group of individual items to allocate together. All allocation rule options such as shipping to need, store cluster constraints, and referencing other allocation rules can be invoked for group allocation assignments. This streamlines the allocation process and enables allocation and replenishment teams to apply group minimum and maximum requirements to determine overall store-specific quantities.