Style Investment gathers all sales data on styles and customers as it occurs in your ERP system. Then you can compare styles from previous collections to find the post-sale behavior that forms the replenishment forecast.

The result is that Style Investment calculates the total collection orders for styles and sizes, so you have inventory for both the initial sales orders and the subsequent sales in the right styles and sizes mix.

Style Investment is actually both a purchasing and disposition tool. It’s possible to track the sales as they happen, benefiting the sales department. At the same time, Style Investment can monitor sales and keep an eye on styles that may approach the MOQ danger zone, providing input for purchasing. Then the system follows the collection all the way to the end, where it can continuously alert about sales that are not going as expected, sold-out items, and of course, provide a comprehensive financial overview of the entire collection in terms of revenue and earnings.

There are many different terms used for this in the industry. But fundamentally, it’s the share of a collection that one chooses to buy beyond the sales orders. It encompasses the sales that follow in the post-collection period while the collection is already in stores – and of course, the replenishment customers want to make once sales in the stores are underway. With forecast algorithms, comparable styles, and customers’ typical behaviors, Style Investment can calculate the actual need – down to size mix, which differs from initial sales to replenishment.

No, you choose which styles you want to gamble on by buying extra compared to the initial sales. Style Investment provides purchasing suggestions for the styles that make sense to take a risk on. It’s important to emphasize that these are only suggestions, and the system will never enforce anything without user intervention. By providing a suggestion, the risk can be better assessed between sales, procurement, and management.

Yes, Style Investment continuously monitors and generates forecasts so you can always see where sales are in relation to the MOQ thresholds for each supplier and on each style.

Part of our customers do not have a formal CRM tool, ensuring that all customers are planned and followed up on. FASHIONBOARD Style Investment therefore offers the option to use the built-in CRM functionality. This way, an overview of customers’ visit status is created, making it possible to plan directly within the system, which integrates with Outlook. Style Investment helps prioritize the sequence of visits, as customers with the highest turnover are prioritized over those with less. Keep track of which customers have placed an in-sales order and also get an overview of the To Do’s created in connection with customer meetings – whether it’s during visits to the showroom or at the customer’s location.

The algorithm powering Style Investment looks at both the actual sales, comparable styles from other collections, and the distribution of sales across customers and countries. That way, the size mix is calculated. Additionally, consideration is given to the fact that replenishment sales typically focus on the middle sizes (S, M, and L), while initial sales are spread across all sizes (XS, S, M, L, and XL).

Yes, no problem. The idea of the program is precisely that you continuously deselect styles that should not be included in the final collection. For this, we have several tools.

The rating module is typically used in connection with the internal presentation of the collection. Invitations are sent out to relevant individuals who can assess each style on a scale from 1-5. Some choose to do it while they are in the showroom, so they can feel and touch the styles, but others do it independently of that. Once all invitees have rated the collection, the styles that scored lowest can be sorted out. This way, salespeople don’t need to spend time and energy presenting styles to customers that are ultimately sorted out.

It’s also possible to cancel a style during the sales process if, for example, it has sold exceptionally poorly after some time. By canceling the style, the sales team knows that it is not part of the final collection and can therefore refrain from presenting it to customers. It minimizes the number of orders for styles that end up being canceled.

No, it’s not necessary. You can easily omit certain functionalities (such as ratings, CRM functionality, and the budget module). Style Investment calculates the expected sales solely based on the incoming sales and the comparable styles you have set up.

Ratings allow for a quick user survey where selected users rate individual styles. This way, you get a quick sense of taste and preferences among customers.

Yes, it is possible to extrapolate the expected sales. The extrapolation is based on the incoming sales orders received so far, taking into account the customer type, size, typical behavior, and usual order size.

Yes, it is possible to input your budget into Style Investment. That way, it’s possible to compare the purchases for the final collection (including gambling) against the budget, and through the forecast, see if it’s possible to hit the budget. It is also possible to import a collection budget from existing systems such as Excel and PowerBI, and similar ones.

Yes, it is possible to convert the figure into an expected sales value when ready to press the “purchase button” – and also compare it with the original budget that Style Investment can also contain.

Style Investment contains a set of reports that can ensure that the sales and purchasing departments can align expectations and ensure that purchases are made based on an approved sales forecast – a forecast that the sales department has approved.

Yes, Style Investment will continuously generate new forecasts based on the orders received after the purchase and create a new forecast. Therefore, you can also monitor items that don’t sell as expected or items that run out of stock more quickly compared to the purchased inventory.