Forecasting and Analytics Solution
- Client
- Utah
- RFP Number
- SW-114670
- Posted
- —
- Category
- Software, System and Application
- Budget
- Looking for Proposals
- NAICS
- —
- Set-aside
- —
- Contact
- —
Description
AI GeneratedThe agency is seeking a forecasting and analytics solution for Campus Store inventory planning and merchandising. The solution must support a collegiate retail environment with demand patterns influenced by academic terms, athletics, events, graduation, orientation, promotions, and merchandise trends. The agency requires sales forecasting by merchandise classification, department, and total store, as well as inventory, open-to-buy, open-to-receive, and cash flow planning. The requested scope includes markdown planning, margin and maintained markup analysis, inventory turns, stock-to-sales ratios, on-order merchandise, planned receipts, and seasonal merchandise planning. Campus Store users must have the ability to adjust plans and forecasts, including what-if planning scenarios, and receive actionable recommendations related to merchandise classification performance, inventory levels, markdowns, and merchandise flow. The solution must support data import and export with the agency's current NetSuite business system or successor systems, using data such as sales history, current sales, inventory levels, markdown activity, purchase orders, receipts, transfers, and margin information. The selected provider must assist with historical data review, data setup, data quality checks, classification structure review, and initial system configuration. The agency requires monthly and on-demand reports and dashboards covering sales forecasts, inventory turns, markdown recommendations, open-to-buy, and trend analysis. Additionally, the agency requires analyst and advisory support, including scheduled monthly planning review meetings to review forecasts, open-to-buy plans, inventory positions, markdown needs, cash flow considerations, risks, opportunities, and recommended plan adjustments. Only onshore organizations based in the United States are eligible to bid on this opportunity. The performance of the work will take place entirely offsite. Bidders must submit any questions regarding this opportunity no later than June 15, 2026. The contract period will run for one year. The agency is looking for proposals to determine the budget for this project. Bidders may submit their responses digitally via email or online.
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