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E-Learning Course: Buying, Category and Merchandise Management

  • ID: 3059133
  • Training
  • Region: Global
  • 2 Hours
  • Martec International
Course Outline:

This course focuses on the differences between merchandise and category management retailers and the key retail buying, merchandising and category management processes and KPIs This is a module from Understanding Retail course which can be studied as an individual module if you choose not to take the full suite. The program takes 1-2 hours to study.

Target Audience:

This program is designed for people who sell or market to retailers. It is ideal for merchandise suppliers who sell directly to retailers, those who market to retailers to get their content specified in product lines and also companies who sell or market IT solutions to retailers. It is also valuable as induction training for retail management trainees and for IT teams who need to understand the retail business more fully.
Note: Product cover images may vary from those shown
Buying, Category and Merchandise Management:

Merchandise and category management
- Merchandise and category management differences
- Retail merchandising
- Category definition
- Category management

Merchandise and category management organization structures
- Merchandise management organization structure
- Category management organization structure
- Key Performance Indicators

Key buying, merchandise and category management processes part 1
- Merchandise types
- Merchandise hierarchy
- Retail seasons
- Season timelines
- Planning flow
- Merchandise planning
- Assortment / range planning
- Private label
- Linear supply chain
- The wedge–store size vs assortment composition

Key buying, merchandise and category management processes part 2
- Merchandise arrangement
- Open to Buy
- How much stock is needed?
- Replenishment basic model
- Demand forecasting
- Forecasting methods
- Sales and stock management
- Omni-channel buying, merchandising and category management

Summary

Mastery test
Note: Product cover images may vary from those shown
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