Logic’s Core Retail Merchandising Solutions

Due to the complex, multifaceted nature of omnichannel retail merchandising operations, Logic implements, deploys and supports a complete set of solutions to ensure that we meet and surpass your organization’s specific needs, whether it’s to get up and running quickly with a pre-configured accelerated model or a completely tailored solution which is configured and integrated from the ground up. Our current merchandising portfolio includes:

• Merchandising Operations Management Systems Retailers employ merchandising systems to efficiently manage foundational merchandising activities that range from enterprise data management and item set-up to initial store allocation, distribution and replenishment. These comprehensive systems are used to oversee and control these core retail activities, compiling all relevant merchandising information and processes into a single streamlined and efficient solution. Not only does this centralization of data and processes optimize the integrity of your organization’s merchandising data, but it also provides more accurate and extensive visibility of your current inventory, allowing for better-informed decisions across your core retail business. Most importantly, thanks to Logic’s extensive experience with designing and integrating merchandising solutions for clients across the planet, our merchandising systems support full multi-country/multi-currency operations. Expand
• Price Management Price management solutions are designed to assist your merchants and buyers in making crucial product pricing decisions and developing and testing multiple pricing strategies to reach predictable and more profitable outcomes. In many cases, retailers are so overwhelmed by the wealth of merchandising data at their fingertips that they struggle to pin down and leverage relevant information to devise effective, consistent approaches to price management across all of your sales channels. With the ability to localize pricing and analyze the impacts at different locations and times, your team can quickly determine the impact that price changes have on shoppers and margins. With one of Logic’s industry-leading price management solutions, your organization can use automated processes and price guides to establish effective pricing structures and strategies, increasing merchandise sales and optimizing productivity across all selling locations. Expand
• Accounts Payable / Invoice Matching One of the more labor-intensive aspects of retail is the management of purchase orders, receipts and invoices to ensure that each vendor receives accurate product payments without incurring penalties. Suppliers frequently send combined or partial shipments, returns-to-vendor credit notes and customer drop shipment purchase orders, creating complex scenarios for the day-to-day operations of retail accounting teams. Due to this level of complexity, enterprise-level retail invoice matching and approval systems offer advanced multi-dimensional matching capabilities that exceed the standard for most general accounting systems. Any time discrepancies occur that fall outside of company policies or pre-existing supplier agreements, your AP team receives an exception alert notification that is visible on their role-based dashboard. Logic’s deep experience allows us to support your business with fully-configurable invoice matching solutions to automate the reconciliation and posting of transactions to the stock ledger and accounting systems. Expand
• Perpetual Inventory/Sales Audit Solutions Nearly every major retailer relies on perpetual inventory systems to track stock levels and the cost of goods sold. Errors in this sales information can significantly impact the accuracy of your organization’s accounting and inventory positions. Sales Audit technology allows your home office to poll your point-of-sale (POS) systems for each store location and post all purchases, discounts, transfers, returns and damages to your stock ledger and inventory management systems. This ensures you have continuous visibility to the SKU, location, quantity and value of your inventory position. With the help of one of Logic’s comprehensive sales auditing tools, your company can quickly gather and verify highly accurate, centralized sales data across all channels before interfacing to other retail business systems. The heightened visibility into transaction-level information provided by these solutions enables your team to identify and resolve any and all data discrepancies before passing them downstream, simultaneously simplifying the sales auditing process while minimizing risk. Expand
• Allocation and Replenishment In the complex landscape of multi-channel merchandising, one of the greatest and most important challenges retailers face is maintaining efficient and accurate allocation of product inventory. Ensuring that shoppers have access to their preferred items on appropriate channels plays a pivotal role in maximizing customer satisfaction and sales. In fact, according to recent research from Oracle, an overwhelming majority of modern consumers (92%) will not wait for a desired retail product to come back into stock, further emphasizing the significance of accurate demand forecasting and merchandising allocation. Logic’s delivers merchandise allocation solutions which integrate closely with your organization’s plans, purchase orders and supply chain, allowing you to assess net demand, set products or categories for automated replenishment, and allocate these items to the areas with the highest demand to meet and exceed the expectations of your shoppers. Expand
• Trade and Import Management In a globalized economy, import processes, procedures and orders generate a massive amount of paperwork for retailers, and it’s challenging to obtain accurate cost estimates and determine actual margins. The calculation of estimated vs. actual landed costs is both labor-intensive and error-prone, making it difficult for many companies to process and capitalize on the exact data they need to make smart sourcing and importing decisions. In addition, long distances and multiple transportation partners complicate a retailer’s ability to effectively monitor and manage the status of products on order while in-transit. Logic provides retailers with trade management solutions that are specifically designed to centralize data for imported goods into a single source, allowing your organization to gain essential visibility into trade and import processes while addressing any potential issues before they impact profitability or the shopping experiences of customers. These systems also provide an automated and highly efficient purchasing process for merchandise sourced domestically, mitigating manual errors that result in delays and increased costs. Expand