Home Furnishings Buying Tools
- Eliminate guesswork using reporting and trends to make accurate buying decisions
- Discover real-time KPIs imperative to generating the ideal assortment, including GMROI, turn, and sell-through
- Generate merchandising strategies that lead to a higher ROI and profitability
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STORIS' Buying Tools help your buyers make strategic merchandising decisions backed by data and trends, all while saving time.
Buying Tools Suite
STORIS’ Furniture Buying Tools include reporting capabilities to generate ideal home furnishings merchandise recommendations. With drill-down functionality by vendor, item, category, collection, and selling location, your team can make strategic choices. Our Furniture Merchandising Planning Software helps buyers make stronger decisions while saving countless hours of research each week.
Lead Time & Demand Forecasting
Lead Time & Demand Forecasting enables your store to always have the right home furnishings merchandise at the right time. Demand Forecasting evaluates customer shopping behavior using historical trend data and real-time sales analysis. Coordinate demand with vendor lead times to realistically plan for furniture order fulfillment and buy the best merchandise for your retail store.
Furniture Purchase Order Management
Automate Purchase Order generation based on configurable settings and send the Purchase Order out with the click of a button, thereby saving time and labor while increasing accuracy. For efficiency, create new products on-the-fly, and directly link a Purchase Order to a specific sale.
Home Furnishings Inventory Replenishment Tools
Inventory replenishment software from STORIS monitors inventory levels across channels, comparing quantities and sales rates to project demand for products. Further, with real-time insights through our Comprehensive Replenishment tool, buyers are alerted to low stock quantities as well as backorders that need their attention.
Strategic Pricing & Costing Tools
Strategic Pricing & Costing Tools provide actionable information to cost goods and monitor overall vendor performance. Manage stock adjustments, promotions, and markdown strategies to maintain margins. For seamless integration across Accounting, STORIS uses a 3-way match system to ensure accurate financials.
Enhanced Special Order
STORIS’ Enhanced Special Order software enables retailers to create as many templates as needed to successfully generate Special Order sales and purchase orders. Template options streamline the creation of a custom product at the POS. Templates can be defined globally, or by vendor, category, group, or SKU. Customizable attribute fields are unlimited and can be open text or pre-built selection options. Retailers can choose to use pre-defined pricing or a Pricing Scratchpad to input price variables to determine a final product price. For efficiency, the Special Order sale will automatically generate a related Purchase Order. With reporting, you can monitor the performance of your Special Order merchandising.
Special Order Configuration
For retailers that commission designers, sell a majority of custom products, or have complex costing and pricing rules, the Configurator completely automates your ability to build Special Order products. This custom furniture software will require every configuration to contain all of the available options with pricing detail to ensure you are setting realistic cost and price expectations, delivery promises, and most importantly a product that your manufacturers can successfully achieve.
Vendor Electronic Data Interchange
Vendor Electronic Data Interchange uses STORIS’ interface to sync electronic communications directly with vendors. STORIS has EDI partnerships that provide access to over 750 global manufacturers. Functionality includes confirming purchase order receipts, acknowledging costs and quantities, updating shipment notifications, and approving payables invoices.
Our Forms Designer allows you to create showroom floor tags, POS labels, inventory barcodes, receipts, and documents for purchasing, receiving, and distributing inventory. The advanced graphical capabilities capture the aesthetic of your brand and are eye-catching to potential customers. Forms can also be scripted to print unique discounts, specific furniture care instructions, and warranties.