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Procurement Market Intelligence Report

Retail Planning Software Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Retail Planning Software?

What is the average price of Retail Planning Software?

This procurement report includes pricing information to help you purchase Retail Planning Software. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Retail Planning Software been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Retail Planning Software yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Retail Planning Software?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Retail Planning Software with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Retail Planning Software?

The retail planning software market exhibits a low level of market share concentration, with the top four suppliers accounting for less than 30.0% of revenue in 2018. In total, an estimated 335 companies sell retail planning software, including multiline providers and specialist providers. The number of suppliers in this market... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Employees

What are the various stages of your hiring process? What specialized skills do you require your employees to possess?

How do you recruit and retain senior staff?

How do you keep your wage costs under control?

What is the average tenure of your employees? Do you have trouble with turnover? How does that affect service delivery?

Technology

What software improvements are you currently planning? Do you have a calendar of future enhancements?

What new features or functionality have you added in the past year? What improvements do your customers request most frequently?

How often is maintenance performed? Will my service be disrupted during maintenance, and how much notice will be given of planned disruptions?

What is the size of your research and development budget?

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Key elements for every RFP

What should my Retail Planning Software RFP include?

Project Budget

Buyers should indicate whether they have an expected budget for the retail planning software.

Buyers should describe their preferred terms for invoicing and payment.

Buyers should list any other software products they wish to procure along with the retail planning software to achieve a bundling discount.

Buyers should reference the Benchmark Price section of this report to determine whether they are paying a competitive price for retail planning software.

Selection Criteria

Buyers should evaluate providers based on the scope of services they offer.

Buyers should consider the financial health of potential providers.

Buyers should evaluate the quality of providers’ product roadmaps and pipelines.

Buyers should consider the experience that providers have in the retail planning software market.

Buyers should reference the Buying-Decision Scorecard section of this report for detailed descriptions of additional selection criteria.

Project Schedule

Buyers should specify the final submission date for proposals.

Buyers should indicate the date by which the retail planning software solution must be fully implemented.

Buyers should disclose the date that providers will be notified about contract awards.

Buyers should indicate how long they expect the software service contract to last, if applicable.

Evaluate major factors to mitigate risk

How risky is the Retail Planning Software supply chain?

Providers in the retail planning software market have faced a low level of supply chain risk in the three years to 2018. This low level of risk boosts buyer power because it means there is little chance of a price spike or service disruption due to supply chain issues. Consequently,... Subscribe to learn more.

HIGH

MEDIUM

LOW