MANAGING RECEIPTS AND INVENTORY - SELECT CONTENT

Our online Merchandise Planning course is our most popular advanced course. Retail Buyers, Product Planning teams and Sales Directors love this course. Below is a sample of some of the topics we cover in the 5th week where our playbook focuses on managing receipt flow and inventory effectively and planning purchases across channels.

*This course is now offered by our partners over at Productlytics.

RECEIPT AND INVENTORY FLOW

• Understanding inventory introduction

• Beginning of month inventory (BOM)

• End of month inventory (EOM)

• Inventory's affect on sales

• Inventory age and sales 

• Impinging inventory scenario

• Stock-to-sales ratio (STS)

• Inventory peaks and valleys

• Purchase plan

• Cumulative mark-up (CMU) and planning

• Vendor terms and impact on receipt planning 

• Receipt flow and inventory 

• The importance of an appropriate flow of goods  

CROSS CHANNEL INVENTORY PLANNING

• Negotiating for distribution

• Brand Matrix

• Initial Sales Plans

• Store Clusters | Buying for store clusters

• Store Space Allocations

• Inventory Distribution

EXPECTED TIME TO COMPLETE | 2 hours