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Forecasting, Replenishment and Allocation Class Manual
Martec International, Oct 2010, Pages: 109
The Forecasting, Allocation and Replenishment class manual is suitable for retailers who need to extend their knowledge of retail inventory management, especially in forecasting, allocation and replenishment. It will also help companies selling or marketing merchandising solutions to retailers who need a better understanding of best practice. 109 pages of detailed notes, exercises and charts, covering:
- Category Management Verses Merchandise Management, - Demand Verses Sales, - Dealing With Lost Sales, - Forecast Accuracy, - Forecasting Strategy, - Time Series Based Methods, - Profile Based Methods, - When To Use Allocation, - Methods, - Dealing with Short Supply, - Replenishment, - Push Verses Pull, - Rationing, - Fast Fashion and Range Fragmentation.
Improve in-stocks, increase sales and reduce stockholdings at the same time
All Martec’s class manuals provide handy reference material on key retail issues and skills. Detailed manuals with supporting charts and exercises not just bullet points.
Course Objectives:
- Review the logic for deciding how much stock you need - Examine the different approaches to Forecasting, Allocation and Replenishment - Identify strategies for managing inventories in the supply chain - To review how and when to use different forecasting and replenishment methods - To be able to identify the considerations for reducing inventory investment while improving customer service levels - To understand the inter-relationships between the different areas, and how they integrate to optimize sales performance - To review structured methods for developing merchandise and range (assortment) plans.
This manual is designed for everyone selling or marketing technology products or services to the retail industry. The following will benefit:
- Merchandise managers and their teams. - Allocators. - Distributors. - Retail executives wishing to evaluate the scope for improvement in their current processes. - IT executives involved in designing or selecting systems for forecasting, replenishment or allocation. - Suppliers marketing forecasting and replenishment systems to retailers.
Product samples
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