Advanced trade and revenue management software for apparel, shoes, and accessories manufacturing
In a greater than $1 trillion global industry, the challenges are plenty. Apparel manufacturers face an increasingly social and web influenced customer, quicker inventory turnover times, as well as global sourcing and supply chain fluctuations. Managing distribution channels, engaging consistently with customers, and driving operational efficiency are a few of the necessary strengths of a successful organisation. In order to sustain growth and margins, businesses must quickly adapt to market conditions, execute creative pricing and promotional strategies, and exploit all omni-channel sales opportunities. Flintfox understands these pains and delivers innovative revenue management solutions to simplify pricing, promotion, and rebate complexity.
With Flintfox, you can efficiently expense, accrue, and automatically settle liabilities, while operating within a dynamic omni-channel sales environment. Utilise Flintfox industry expertise, along with our super speed, in-memory,RMx Performance Pricing engineto ensure accurate, real-time calculated prices across the enterprise, gain market share, and increase margins.
Flintfox functionality for apparel, shoes, and accessories manufacturers
Minimise administration efforts
Define pricing, promotions, and rebates by any customer, product, or transactional hierarchy/attribute such as geography, market, chain, product group, size/colour/style, ship point, simplifying agreement maintenance and increasing accuracy
Utilise date effectivity and advanced agreement inclusion and exclusion facilities for all pricing/rebates to quickly determine membership parameters and ensure accuracy
Expense activity as it occurs, greatly reducing end of month processing via real-time accrual processing and settlement facilities (automated updates/adjustments/corrections)
Timely accruals and settlements
Ensure all customer rebate and loyalty programs are financially accrued and settled in a timely manner
Configurable commission calculations
Calculate and settle commissions, bonuses, and incentives; split commissions, growth programs, net of rebates, deductions, or early payment discounts
Seamless returns processing
Ensure all pricing elements are captured and accruals properly clawed back during the RMA/RTV process
Interactive deduction workbench
Reduce leakage with full deduction workbench: quickly reconcile short payments, minimise days sales outstanding, and greatly reduce administration efforts
Unlimited pricing flexibility
Utilise configurable calculation methods for pricing: List, $ or % mark-ups, margin pricing, net or contract pricing, all with date effectivity
Easily manage variant pricing (such as a single Style or Product Number with S/M/L/XL/XXL and various colour options)
Automated matrix pricing
Generate pricing matrix by style/colour/size, with flexible pricing at the combination of each
Flexibile promotional engine
Manage promotional events for brand awareness or new product launches: discount off/BOGO/BAGB, free gifts, holiday deals, and more
Targeted promotional events
Reserve or allocate promotions and promotional product to specific channels/brand/franchise
Thinking about a Flintfox solution for your organisation?
If you are trying to evaluate and consider potentially enhancing your current sales and trade revenue management processes and solutions, the first step is to identify the ultimate maturity goal you should strive for. As part of that evaluation process, it’s critical to define at an appropriate level, what needs to be done to move towards and achieve that goal.
If you’d like us to review this with you, we’d be happy to help. Contact us to discuss how we can deliver a trade and revenue management solution to suit your unique manufacturing environment and meet your long-term profitability goals.