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Iris
Give me a comma-separated list of SKUs that have both placed receipts and open-to-buy units next month.
Iris · placed receipts + open-to-buy, next month

Here are SKUs with both placed receipts and open-to-buy next month:

SKU-10021, SKU-10088, SKU-10244, SKU-10301

Paste this into ItemSmart and zero open-to-buy where you'd otherwise double-count receipts.

I prepared the list; you complete the plan update in ItemSmart.
Which of those SKUs are tied to vendor minimums, so I don't zero out anything I'm contracted to take?
ItemSmart™

Make Every SKU Decision in Plain Language with Iris

Only With Impact Analytics
Iris, the AI item planning agent inside ItemSmart, continuously analyzes working plans, original plans, historical performance, receipts, exception alerts, item groups, and SKU-level data. Ask a question in plain language, and Iris investigates the issue, explains the evidence, prioritizes the SKUs that matter most, and stages a worklist for planner review.
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Trusted by Market-Leading Global Brands
THE AGENT AT WORK

Autonomous Investigation Across Every Item Plan Decision

Ask the AI item planning agent about any SKU, class, receipt, or item plan. Iris investigates sales, receipts, inventory risk, and exception alerts, explains what's driving the result, and stages the next action inside ItemSmart.

Leadership Briefs

The Season Story, Already Written

Iris assembles sales against plan and last year, margin pressure, inventory risk, and receipt commitment into a short season story with the categories needing attention named directly.

  • Exec-ready synthesis drawn only from live item plan data.
  • Three specific asks for your planners, ready to send by end of day.
  • Names the one category where a single intervention matters most.
Iris
Give me a short company story from the item plan: sales vs plan and last year, margin, inventory risk, receipts, and which categories need attention.
Iris · item-plan snapshot, this season
Sales
Ahead of plan & LY
Margin
Soft vs plan
Inventory
Elevated in Home
Receipts
Watch Home & Acc.

Attention: Home for inventory and overstock, Apparel for margin vs plan. Discount and mix pressure, long-tail risk beyond key items, and receipts still committing where sell-through is soft. Watch Home and Accessories.

Iris · three asks for item planners (EOD)
  • Home: top overstock SKUs with remaining receipts. Cut or defer where needed.
  • Apparel: classes driving the margin miss vs plan.
  • Accessories: confirm the forward plan is not writing sales ahead of recent trend.
Approvals and edits stay with your team in ItemSmart.

Forward Plan

Risk and Opportunity in Next Quarter's Plan

Iris compares recent sales run-rate against the forward item plan, showing where the plan sits ahead of reality and where genuine momentum is going unfunded before the next buy commits.

  • Flags classes planned well above recent run-rate while receipts can still move.
  • Surfaces categories where trend is outrunning the forward plan.
  • Ranks every gap so one conversation covers the season's real risk.
Iris
How does the recent sales trend compare to how we're planning next quarter? Where's risk vs opportunity?
Iris · forward plan vs recent trend, next quarter

I compared recent sales trend to the forward item plan for next quarter.

Risk · plan looks optimistic vs recent trend
  • Categories and classes where the forward plan sits well above recent run-rate. Watch Home classes with soft recent sales but a strong plan.
Opportunity · plan may be understating momentum
  • Areas where recent trend is ahead of the forward plan. Room to support winners in Apparel key items.

Why it matters: If the forward plan ignores recent trend, you either overbuy into weakness or underfund strength.

Next: I can list the top risk and opportunity classes with plan vs trend gaps, or drill one category end-to-end.

Root Cause

Multi-Driver Answers, Backed by Evidence

Iris weighs sales, receipt commitment, exception concentration, and top-SKU contribution together, so the answer explains what is causing the number rather than restating it back to you.

  • Separates a receipt and sell-through mismatch from a category-wide problem.
  • Names the SKUs carrying the largest share of excess inventory dollars.
  • Points to the exact ItemSmart filter and sort to open next.
Iris
Why is inventory elevated on the working plan for Accessories this quarter?
Iris · Accessories, inventory on the working plan

Ending inventory is elevated vs original plan. From the item plan evidence:

  • Sales: Written sales are soft vs plan, underperforming the sales path that was meant to clear inventory.
  • Receipts: Receipt commitment is still flowing in where sell-through is weak.
  • Exceptions: Overstock is concentrated, not evenly spread across the assortment.
  • Top SKUs: A small set of styles accounts for a large share of excess inventory $.

Conclusion: This looks like a receipt and sell-through mismatch on a few SKUs, not a blanket category problem.

Next in ItemSmart: Sort Accessories by ending inventory $, filter overstock, and review remaining recommended and total receipts on those SKUs.

Exceptions

Which SKUs Require Attention First?

Iris reads live exception alerts across overstock, understock, near-markdown, and exit risk, sizing each one in dollars and SKUs so your team knows exactly where the money is sitting this quarter.

  • Counts, dollar exposure, and SKU lists for every alert type on the plan.
  • Flags the SKUs carrying overstock alongside near-markdown or exit risk.
  • Returns a ranked worklist your planners open directly in ItemSmart.
Iris
How many Home SKUs are overstocked this quarter, and what's the inventory exposure?
Iris · Home, this quarter, overstock
312 SKUs
on the overstock alert · about $4.2M inventory exposure on the plan

I'd prioritize the highest-exposure SKUs and check which also sit near markdown or exit. Want that list?

Show the top SKUs and flag those risks.
Iris · top Home overstock SKUs (illustrative)
SKUDescriptionInv. exposureNear markdown / exit?
H-1042Linen duvet set$186KExit risk
H-2210Ceramic table lamp$142KNear markdown
H-0881Storage ottoman$121K

Overlap: 48 of these SKUs also carry near-markdown or exit risk.

Suggested worklist for ItemSmart
  • Review exit-risk SKUs with open receipts still on the plan.
  • Protect key items; pressure long-tail overstock first.
  • Size receipt cuts before the next approval.
I won't change the plan. Open these in ItemSmart when you're ready.

The Season Story, Already Written

Iris assembles sales against plan and last year, margin pressure, inventory risk, and receipt commitment into a short season story with the categories needing attention named directly.

  • Exec-ready synthesis drawn only from live item plan data.
  • Three specific asks for your planners, ready to send by end of day.
  • Names the one category where a single intervention matters most.
Iris
Give me a short company story from the item plan: sales vs plan and last year, margin, inventory risk, receipts, and which categories need attention.
Iris · item-plan snapshot, this season
Sales
Ahead of plan & LY
Margin
Soft vs plan
Inventory
Elevated in Home
Receipts
Watch Home & Acc.

Attention: Home for inventory and overstock, Apparel for margin vs plan. Discount and mix pressure, long-tail risk beyond key items, and receipts still committing where sell-through is soft. Watch Home and Accessories.

Iris · three asks for item planners (EOD)
  • Home: top overstock SKUs with remaining receipts. Cut or defer where needed.
  • Apparel: classes driving the margin miss vs plan.
  • Accessories: confirm the forward plan is not writing sales ahead of recent trend.
Approvals and edits stay with your team in ItemSmart.

Risk and Opportunity in Next Quarter's Plan

Iris compares recent sales run-rate against the forward item plan, showing where the plan sits ahead of reality and where genuine momentum is going unfunded before the next buy commits.

  • Flags classes planned well above recent run-rate while receipts can still move.
  • Surfaces categories where trend is outrunning the forward plan.
  • Ranks every gap so one conversation covers the season's real risk.
Iris
How does the recent sales trend compare to how we're planning next quarter? Where's risk vs opportunity?
Iris · forward plan vs recent trend, next quarter

I compared recent sales trend to the forward item plan for next quarter.

Risk · plan looks optimistic vs recent trend
  • Categories and classes where the forward plan sits well above recent run-rate. Watch Home classes with soft recent sales but a strong plan.
Opportunity · plan may be understating momentum
  • Areas where recent trend is ahead of the forward plan. Room to support winners in Apparel key items.

Why it matters: If the forward plan ignores recent trend, you either overbuy into weakness or underfund strength.

Next: I can list the top risk and opportunity classes with plan vs trend gaps, or drill one category end-to-end.

Multi-Driver Answers, Backed by Evidence

Iris weighs sales, receipt commitment, exception concentration, and top-SKU contribution together, so the answer explains what is causing the number rather than restating it back to you.

  • Separates a receipt and sell-through mismatch from a category-wide problem.
  • Names the SKUs carrying the largest share of excess inventory dollars.
  • Points to the exact ItemSmart filter and sort to open next.
Iris
Why is inventory elevated on the working plan for Accessories this quarter?
Iris · Accessories, inventory on the working plan

Ending inventory is elevated vs original plan. From the item plan evidence:

  • Sales: Written sales are soft vs plan, underperforming the sales path that was meant to clear inventory.
  • Receipts: Receipt commitment is still flowing in where sell-through is weak.
  • Exceptions: Overstock is concentrated, not evenly spread across the assortment.
  • Top SKUs: A small set of styles accounts for a large share of excess inventory $.

Conclusion: This looks like a receipt and sell-through mismatch on a few SKUs, not a blanket category problem.

Next in ItemSmart: Sort Accessories by ending inventory $, filter overstock, and review remaining recommended and total receipts on those SKUs.

Which SKUs Require Attention First?

Iris reads live exception alerts across overstock, understock, near-markdown, and exit risk, sizing each one in dollars and SKUs so your team knows exactly where the money is sitting this quarter.

  • Counts, dollar exposure, and SKU lists for every alert type on the plan.
  • Flags the SKUs carrying overstock alongside near-markdown or exit risk.
  • Returns a ranked worklist your planners open directly in ItemSmart.
Iris
How many Home SKUs are overstocked this quarter, and what's the inventory exposure?
Iris · Home, this quarter, overstock
312 SKUs
on the overstock alert · about $4.2M inventory exposure on the plan

I'd prioritize the highest-exposure SKUs and check which also sit near markdown or exit. Want that list?

Show the top SKUs and flag those risks.
Iris · top Home overstock SKUs (illustrative)
SKUDescriptionInv. exposureNear markdown / exit?
H-1042Linen duvet set$186KExit risk
H-2210Ceramic table lamp$142KNear markdown
H-0881Storage ottoman$121K

Overlap: 48 of these SKUs also carry near-markdown or exit risk.

Suggested worklist for ItemSmart
  • Review exit-risk SKUs with open receipts still on the plan.
  • Protect key items; pressure long-tail overstock first.
  • Size receipt cuts before the next approval.
I won't change the plan. Open these in ItemSmart when you're ready.
Get Started

From Plain-Language Question to Approved Worklist

The AI item planning agent Iris follows the same transparent process every time: investigate the issue, explain the evidence, prioritize the opportunity, and stage the worklist for planner approval.
01

Investigate

As a SKU agent, Iris pulls together sales, margin, receipts, exception alerts, and item groups, surfacing the SKUs carrying risk while your planners still have time to correct course.
02

Recommend

The answer arrives with its evidence and a ranked worklist, sequenced so the highest exposure reaches your planners first.
03

Approve

Your team opens the worklist in ItemSmart and makes the call, because edits and approvals stay with the people accountable for the plan.
01

Investigate

As a SKU agent, Iris pulls together sales, margin, receipts, exception alerts, and item groups, surfacing the SKUs carrying risk while your planners still have time to correct course.
02

Recommend

The answer arrives with its evidence and a ranked worklist, sequenced so the highest exposure reaches your planners first.
03

Approve

Your team opens the worklist in ItemSmart and makes the call, because edits and approvals stay with the people accountable for the plan.

Frequently Asked Questions

What is an AI SKU agent?

An AI item planning agent is a system that reads your plan and answers questions in plain language. It investigates sales, receipts, exceptions, and inventory risk to explain what's driving each number and prioritize which SKUs need attention first.

How does an AI item planning agent work?

You ask a question about your item plan in plain language. Iris investigates the data, shows the evidence behind the answer, identifies which SKUs carry the most risk or opportunity, and stages a ranked worklist your planners open directly in ItemSmart for approval.

Does the AI SKU agent change my item plan?

Not by default. But Iris investigates and recommends. Every edit and approval stays with your planners in ItemSmart, so you stay accountable for the plan.

How is an AI SKU agent different from a retail dashboard?

A dashboard shows you inventory is high. An AI item planning agent weighs sales, receipts, exceptions, and top-SKU contribution together to explain why it's high and ranks which SKUs to act on first, turning symptoms into prioritized action.

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