Previous News:
October 2021
September 2021
August 2021
July 2021
June 2021
May 2021
April 2021
March 2021
February 2021
January 2021
December 2020
November 2020
October 2020
September 2020
August 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
May 2016
April 2016
December 2015
March 2015
January 2015
September 2014
August 2014
July 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
January 2013
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011

Buyers Intelligence Group (BIG) Launches MAPS, creates instant buying plans

Buyers Intelligence Group, LLC (BIG) announced today a new product to transform merchandise planning and buying at trade shows just in time for the Las Vegas shows.

BIG is excited to introduce the newest addition to their cloud-based platform for jewelry retailers: MAPS. MAPS (Merchandise Analysis and Planning System™) finally answers the question, “WHAT DO I NEED TO BUY?” Unlike other systems, which use ambiguous or generic factors to tell you what to buy, MAPS is driven by each client’s budget and goals, specific to their store.

MAPS works in conjunction with real-time data from Balance to Buy™ and retailer defined turn, Gross Profit and inventory goals to create instant buying plans. These plans can be created for vendors, categories, or any combination. It allows users to create plans and budgets that buyers can quickly print and take to vendor appointments.

To ensure this product was filling a practical need, BIG collaborated closely with industry insider and BIG staff member Denise Sober. As the Buyer and Accountant at Occasions Fine Jewelers, Denise was an integral part of the creation of the MAPS program. “MAPS is based off a set of spreadsheets that I have personally used for Occasions over the last two years that Abe Sherman, my brother Mike Fleck and I worked on together. It allowed us to increase our sales significantly while reducing our inventory by $1,000,000,” Sober said.

Sober continued, “MAPS uses real-time data from Balance to Buy™ along with the turn goal, gross profit, and/or inventory goals you set to print out exactly what you need to purchase. I implemented and used MAPS this January and my preparation time to go to the buying shows was cut from 2 weeks to 48 hours. And the best part was that just prior to leaving for the show, I was able to update all my plans to reflect current inventory levels and sales!”

MAPS is a game changer for individuals budgeting and planning for retail stores. It is offered as a stand-alone product for retailers that are not currently Balance to Buy™ clients.

Find Buyers Intelligence Group at Luxury and JCK Show Booth L-109.

To learn more about BIG and MAPS contact the group at

AT: 05/13/2019 01:30:51 PM   LINK TO THIS NEWSLETTER

Post a Comment
Comments are closed.
Copyright © 2009 - 2023 TRJ Publishing LLC.

Sitemap | Privacy Policy