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Description

The off-price retail sector is expanding at an unprecedented rate, but what exactly does it entail, and what contributes to its remarkable success? In this concise overview, we will explore the concept of off-price retail and uncover the factors that attract both brands and consumers. INTURN stands out as the sole enterprise inventory optimization platform that enables brands to effectively unload slow-moving and surplus stock to retailers, allowing them to recover cash more rapidly. Discover how our solution can enhance your off-price operations. Brands often grapple with surplus inventory that remains unsold at full price or even at reduced prices in retail environments, necessitating a strategy to monetize this excess stock for healthy cash flow and business viability. Consequently, they frequently turn to off-price retailers, who purchase these goods at substantial markdowns ranging from 40% to 60% off the wholesale price, accepting whatever terms are available for their surplus items. This dynamic not only benefits brands seeking to clear inventory but also empowers off-price retailers to offer attractive deals to budget-conscious consumers.

Description

This straightforward tool is designed to compute the pricing of wine at various stages within the supply chain, based on known or estimated prices from other points in that chain. Its primary utility appears to be for Australian wine producers, as it incorporates specific taxes such as GST and WET that are likely applicable only in Australia. For instance, if you desire your wine to retail at $25 per bottle in retail outlets, with anticipated markups of 40% at retail and 30% at wholesale, the calculator will determine the necessary farm gate price—the amount you must charge the wholesaler. According to the calculator, you would need to set your price at approximately $9.68 per bottle, amounting to $116.16 (excluding WET) for a case of twelve bottles, and if you qualify for a WET rebate, as many wineries do, this adds an extra $26.11 for a case, resulting in a total cost recovery of $142.28 for the wine. Additionally, the calculator is equipped to handle various sales scenarios, including direct-to-retail situations that bypass wholesalers, as well as commissions and farm gate pricing. It also accommodates different quantities, which could range from an entire case to just a single glass.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

SAP Store Yes 

Integrations

SAP Store No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

INTURN

Country

United States

Website

www.inturn.com/off-price/

Vendor Details

Company Name

Computing@home

Website

www.computingathome.com.au/wpc.php

Product Features

Retail Management

CRM No 
Commission Management No 
Email Marketing No 
Employee Management No 
Loyalty Program No 
Mail Order No 
Merchandise Management No 
Multi-Location No 
Order Management No 
Purchase Order Management No 
Reporting/Analytics No 
Returns Management No 
eCommerce No 

Product Features

Winery

Barrel Management No 
Billing & Invoicing No 
Cellar Management No 
Inventory Management No 
Order Management No 
Point of Sale (POS) No 
Production Tracking No 
Vineyard Management No 
Wine Club Management Yes 

Alternatives

Alternatives

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