GRS: DEMAND FORECASTING
Improve your forecast accuracy so you produce purchase orders that support instock and merchandise flow. Keep your products on the Walmart shelf.
First, understand what GRS is and why it is critically important to your business. Next, learn the most important and frequently-used Retail Link® reports and tools and the functions of replenishment.
Who should take this class:
Replenishment analysts and managers, demand planners, allocation managers and forecasting managers.
All 8th & Walton classes for Walmart suppliers selling in Canada are taught by Heather Reid of Mississauga, Ontario. For 22 years, Reid worked at Walmart Canada, organizing and facilitating its Retail Link® course of study and other training programs. She has taught over 2,000 suppliers.
This class is currently available only as a webinar. 8th & Walton webinars are live, Zoom meetings with a maximum of 10 participants.
You Will Learn
- Introduction to Replenishment
- Basic item information
- Why you are out of stock
- What influences product demand
- Challenges to demand forecasting
- Replenishment Pyramid/span>
- The process in detail
- When to cleanse history
- How to establish an initial mean
- GRS forecasting
- New item locations
- Collaborating with replenishment managers
- Item 104 Week Sales Report
- Corporate Item Forecast
- Demand Forecast by Store
- Corporate POS Report Query
- Last 13Wk POS Next 13Wk Forecast
- Focus on GRS Forecast
- Best practices for —
- How to create and analyze these reports:
- SWAS exception reporting
- How to use the Supplier View Instock Tool (SVIT)
THIS IS AN ALL-DAY CLASS.
9:00 A.M. TO 4:30 P.M. EASTERN TIME.
PRICE: $650 USD
SAVE 10% WHEN YOU PURCHASE 3 CLASSES AT ONE TIME.
Custom Training on Retail Link® is also available for your team. 8th & Walton experts will develop a customized curriculum specifically for your needs and will teach your group privately, using your own data. Click HERE to speak with a supply chain advisor to find out if this is a good option for you.
Meet Your Teacher