Published 10/2024
MP4 | Video: h264, 1920×1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 820.44 MB | Duration: 1h 12m
Allocations are critical retail workflows, which ensure the right stock is sent to the right place at the right time.
What you’ll learn
Retail Allocations
Size Curve Analysis
Grading & Optimums
Minimums and Maximums
Pre-packs vs Solids
Allocating a Style
Real-world Allocations and IBTs
Requirements
A basic understanding of retail is required for this course
Description
Allocations are critical workflows that ensure the right stock is sent to the right place at the right time.In this module, assistance is given in understanding allocations and the subsequent effect on retailers.Key Takeaways:The Allocations role within retailers explainedGradingGrading exampleThe effect of grading on buying – optimumsSize curvesCalculating the optimal size curveCreating pre-packsPre-packs vs solids allocationsMinimums and maximumsFashion styles vs core stylesAllocations relationship with warehouse and systemsCover analysisAllocating a style Case Study – Inter branch transfersAssessments and QuizzesThe Merchant Academy was founded to support aspiring merchants and small business owners in their individual pursuits of success within the retail industry. Through decades of experience from our merchants and proven training methodologies, we partner with users to digitize; systemize and optimize key learnings within the industry. Our mission is to serve as a value-driven knowledge center and lead the way in the training and development of our fellow colleagues, so that they may unlock their potential.The Merchant Academy will be releasing more courses during the journey of your pursuits in retail. We look forward to supporting you throughout the next phase of your professional career.
Overview
Section 1: Retail Allocations and Supply Chain
Lecture 1 Introduction and Grading
Lecture 2 Mins and Maxes
Lecture 3 Size Curves and Pre-Packs
Lecture 4 Allocations relationship with the retailer
Lecture 5 Allocating a style
Section 2: Inter-branch-transfers (IBTs)
Lecture 6 Case Study Inter-branch-transfers
Aspiring Merchants,Small Business Owners,Merchandise Planners,Merchandisers,Retail Business Analysts,Supply Chain Analysts
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