Pre-requisites

Commercial Foundations Pillar Module

Allocations and Distribution Pillar Module

Critical Path and Merchant Cycle Pillar Module

Forecasting Pillar Module

 

Key Learning Outcomes

What is an assortment plan

Identifying attributes  

Creating a buy plan - attributes and optimums

Creating a buy plan - OTB splits by attribute

Creating a buy plan – Option planning and grade wedges

Creating a buy plan – price management

Creating an assortment sheet

Managing the assortment sheet 

Stock-to-sales ratios

Assortment planning relationships with the retailer

 

Measurability

Quiz

Pre-requisites:

None

  

Key Learning Outcomes:

Types of Retailers

The Merchant Team

Product Hierarchy

KPIs in retail

Growth

Sell-thru

Cover

Discount and Margin

Stock Turn

Calendars

Terminology

  

Measurability:

Test

Pre-requisites:

Commercial Foundations Pillar Module

  

Key Learning Outcomes:

Allocations Workflow

Grading

Size Curves

Pre-packs and Solids

Min and Max

Fashion versus Core

Warehouse and Systems Relationships with Allocations

Cover Analysis

Allocating an Item

Subjectivity

  

Measurability:

Test

Pre-requisites:

Commercial Foundations Pillar Module

Allocations and Distribution Pillar Module

  

Key Learning Outcomes:

Four Stages of the Critical Path

Style Plans

Lead Times

Importance of Critical Path

Post-Seasonal

Season Strategy

Merchandise Reviews

Laydowns

Current Trade

  

Measurability:

Test

Pre-requisites:

Commercial Foundations Pillar Module

Allocations and Distribution Pillar Module

Critical Path and Merchant Cycle Pillar Module

  

Key Learning Outcomes:

Difference Between Markdowns and Promotions

Promotion Types

Margin Mechanics

Promotion Measurability

Executing a Promotion

Types of Markdowns

Markdown Action Value

Execution of a Markdown

Industry Tips

Pricing Strategies

  

Measurability:

Test

Pre-requisites:

Commercial Foundations Pillar Module

Allocations and Distribution Pillar Module

Critical Path and Merchant Cycle Pillar Module

Markdown and Promotions Pillar Module

  

Key Learning Outcomes:

Function of a Forecast

Guidelines for Forecasting

Products that are Difficult to Forecast

Merchandise Plans and Variables

Forecasting Sales

Forecasting Stock and OTB

Forecasting Markdown

Forecasting Profit

Industry Tips

  

Measurability:

Test

Pre-requisites:

Commercial Foundations Pillar Module

  

Key Learning Outcomes:

Introduction to Excel

Vlookup

Hlookup

Xlookup

Pivot Tables and Functionality

Calculated Fields

Slicers

  

Measurability:

Test