“Beyond Reporting” for Apparel and Seasonal Suppliers
Retail Training Objectives
Seasonal and Apparel business can be complicated. With frequent product changes, data sources from weather to TV schedules, and a high level of uncertainty, it's imperative that you stay on top of your business at all times. You need well developed entrance and exit strategies and you have to be able to get creative in your approach to business analysis when things don't go as planned.
If you use Retail Link® to manage your daily business and you're ready to take your analytical skills to an even higher level, this course is for you. We will teach you how to turn the data from Retail Link® into actionable business recommendations for your buyer and your company.
In this course, you will learn:
- Weekly Performance Trend - weekly and 4 week trends and why they are both important
- Seasonal Productivity Report - create a master report, then summarize the information in a reviewable format
- Who is buying your product - cross reference high-volume items, high-volume stores and common consumer demographics.
- New Item Forecast case scenario - create, adjust and maintain your new item forecast using multiple variables including entrance and exit strategies with sales, inventory and markdown planning.
- Review & Adjust Forecast for current items
- Execution of entrance and exit strategies
- How to find additional distribution opportunities and use Retail Link to validate your recommendations
Participants must have authorized access to Retail Link ® (ID & Password).
