Assortment Planning
are you buying what you love From key vendors?
OR,
WHAT YOU CAN SELL AND MAKES YOU $$$?
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Great Assortments take a process and begin with having an accurate, Sales, Inventory and Open-To-Buy Plan; often referred to as your Merchandise Plan.
BUYING WHAT YOUR CUSTOMERS LOVE
SELLING WHAT YOU OWN
& SELLING WHAT MAKES YOU $MONEY$
Takes Assortment Planning
A good assortment plan includes these insights.
An understanding of what you sold historically, and what made you the most profit.
With a dashboard overview of performance by Class, by Vendor, with Sales, Markdown and Gross Margin analysis.
An understanding of each class of your business as it’s own business.
With by vendor on had inventory, sales, sell-through, markdown rate and gross margin analysis. And, a highlight of above the line/below the line performance.
- A recommended open-to-buy & strategy for each vendor in each class.
- And a recommended drop list.
- Understand & buy what your customers want!
- Go to market prepared to buy right by vendor and class!
Let us take your profitability to the next level with an Assortment Plan.
Created by Retailers for Resilient Retailers
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