Retail Solutions, Merchandise Planning

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Retail Solutions

1:10:21

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1. Introduction to CCFA technique of Merchandise Planning

1. Introduction.mp4

02:27

2. CCFA technique of Merchandise Planning.mp4

02:46

2. Item Categorization

1. Stage 1, Item Categorization.mp4

02:42

2. Category Definition.mp4

03:46

3. Category Role.mp4

01:57

4. Category Assessment & Category Scorecard.mp4

01:57

5. Category Strategy & Category Tactics.mp4

03:40

6. Item Categorization Recap.mp4

01:40

3. Store Clustering

1. Stage 2, Store Clustering.mp4

02:09

2. Factors Controlling the Store Clustering.mp4

03:55

3. Store Clustering Process, Part 1.mp4

03:39

4.1 3.4 Exercise 1.xlsx

4. Store Clustering Process, Part 2.mp4

06:33

5. Store Clustering Process, Part 3.mp4

02:51

6. Store Clustering Process Closure.mp4

03:37

4. Inventory Frame

1. Stage 3, Inventory Frame.mp4

08:35

5. Assortment Selection

1. Stage 4, Assortment Selection.mp4

06:23

2. Assortment Selection, Part 2.mp4

05:29

6. Execution and the way forward

1. Execution and the way forward.mp4

02:53

2. Defining MDQ & Replenishment Parameters.mp4

01:50

3. Controlling the assortment & assortment review.mp4

01:32

Description

Retail Merchandise planning, Assortment planning, Store clustering, Stores space, Replenishment, Product availability.

What You'll Learn?

Master the fundamentals of Retail Merchandise Planning and learn how to apply the unique CCFA technique.
Link Category Management to Merchandise Planning, for more targeted and customer-centric approach.
Gain a deep understanding of store clustering process and how it can be effectively used to optimize retail operations.
Optimize inventory levels through strategic framework development, to control the process of building the assortment.
Get hands on experience with real-world scenarios that teach how to optimize product assortment.
Learn how to determine the optimum inventory per item per store as well as the optimum display quantity.
Explore the ways to manage exceptional items and exceptional stores within a defined category inventory target.
Be the company expert who can handle space limitations and special activities, in a systematic and structured way.
Develop a solid base to measure the stores availability, based on weighted KPIs that show the real impact on sales performance.

Who is this for?

Anyone who has the passion to be an expert in Merchandise Planning or wants to develop planning expertise that can massively help him/her in Retail Planning, Category Management, Purchasing and/or Replenishment.

What You Need to Know?

Just be ready with your pen and paper to take notes and enjoy the learning journey.

More details

Description
Are you tasked with overseeing a vast network of retail stores, each unique in its layout, customer demographics, and performance metrics? Do you struggle with the complexities of applying uniform planning strategies across such diverse settings? Are you aiming to centralize your demand and supply planning processes and seeking ways to optimize your financial spending on inventory and system resources?

"Retail Solutions" is introducing a transformative course designed to equip you with the proficiency in the Merchandise Planning, essential for any retail business seeking to refine their end-to-end planning cycle.

This course promises a deep dive into strategic methodologies that will enable you to:
Tailor your product categorization to better align with evolving customer behaviour.
Effectively cluster your stores into manageable groups, simplifying and enhancing your planning activities.
Construct precise inventory frameworks for each product category, which will govern your assortment selection processes.
Identify the ideal product assortment for each store and determine the optimal inventory levels for individual items.
Establish minimum display quantities for items at each store and develop strong replenishment parameters to maintain consistent stock levels.
Manage extraordinary items and unique store challenges within established inventory norms.
Address space constraints and special project needs in a methodical and organized manner.
Lay the groundwork for a robust system to assess store performance, utilizing weighted KPIs to genuinely understand sales impacts.

Further, the course provides detailed guidance on constructing an Assortment Grid from the ground up, incorporating:
Evaluations of historical sales data.
Integration with overarching category strategies and profitability objectives.
Strategic grouping of stores to facilitate tailored inventory decisions.
Calibration of ideal inventory quantities for each item in every store.
Determination of essential display quantities for each item, tailored to each storeâ€™s specific needs.

â€œRetail Solutionsâ€ offers you the strategic tools and insights necessary to effectively manage and optimize your retail operations, ensuring that each store operates at peak efficiency and profitability.

Join us to transform your approach to retail management and planning, setting new standards of excellence in your organization.
Who this course is for:
Anyone who has the passion to be an expert in Merchandise Planning or wants to develop planning expertise that can massively help him/her in Retail Planning, Category Management, Purchasing and/or Replenishment.

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Retail Solutions

Instructor's Courses

"Retail Solutions" is a premier training and consulting service established in Canada by industry veterans with over 35 years of combined experience in retail and supply chain management.Specializing in transforming retail operations through meticulous merchandise planning, supply chain optimization, and cutting-edge analytics, "Retail Solutions" serves as a strategic partner to retail giants and emerging businesses alike."Retail Solutions" was established with a vision to bridge the gap between operational efficiency and market demands. By leveraging deep industry knowledge and advanced analytical tools, "Retail Solutions" offers comprehensive services that include assortment planning, demand forecasting, and inventory management. Their innovative approaches have redefined store clustering, merchandise planning, and space utilization, ensuring that each client can achieve maximum sales potential and customer satisfaction."Retail Solutions" is known for its commitment to excellence, which is reflected in its leadership’s significant achievements and acknowledgments within the industry. The team at "Retail Solutions" consistently drives growth and sustainability for their clients by applying a strategic business acumen, attention to detail, and a proactive stance in all endeavours. Whether it’s leading transformational projects or aligning supply chain processes with business strategies, "Retail Solutions" delivers results that propel retail businesses forward in today's competitive market.

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