Merchandise Planning Features and Functions
Merchandise planning analyzes demand at an item level. It allows organizations like merchants (retailers) to understand demand based on issues like demographics, store locations, shelves, and support to purchasing as well as the positioning of merchandise in the retail channel.
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- Evaluates or creates merchandise plan by trading partner
- Creates a category plan
- Creates assortment planning
- Creates investment buy analysis
- Inputs demographic analysis from various sources
- Inputs or creates micro-merchandising plans and templates
- Inputs or creates plan-o-gram templates
- Creates product group or department merchandise plans
- Models and evaluates shelf space profit and yield
- Links to POS systems for updates and re-plans
- Short-term merchandise plan (middle-out planning) during purchasing season to determine replenishment, substitutions, and pricing
- Creates a forward weeks of supply plan based on current performance, such as rate of consumption, future market downs, inventory turns, and profit objectives
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Demand Management Features and Functions
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