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15
BUYING MULTIPLE
STRATEGY
THE OPPORTUNITY:
Create and maintain a profitable and efficient Buying Multiple Strategy,
automatically adjusting for upcoming seasons and events
the journey
discovery tools
AVG $WEIGHTED
BUY-MULT DAYS
by FCST RANGE
s1: review current status
pitfalls to overcome
PITFALL #1
NOT LEARNING YOUR OPTIONS
YOUR SUPPLIERS AND YOUR DC RECEIVING TEAMS HAVE INFORMATION THAT CAN HELP YOU KNOW YOUR OPTIONS. THAT SETS YOU UP FOR ANALYSIS AND ACTION
s2: fix the costly settings
- WATCH -
LOOK FOR THE OUTLIERS, PRINT A LIST OR FILTER ON YOUR SYSTEM, AND MAKE ANY ADJUSTMENTS TO YOUR BUY MULTS.
s3: SET AN ONGOING STRATEGY!
VIEW OUR CUSTOMIZABLE TOOL BELOW TO HELP YOU CONTINUALLY REFINE THIS KEY COMPONENT.
(Consider exporting the data and interfacing it right back into your system)
monthly ongoing suggested
buy mult adjustments based on forecast changes & upcoming seasons
unique by location
RESULTS YOU WILL EXPERIENCE
REDUCING A ITEM BUYMULTS WILL MEAN LESS TOPPING OFF OF INVENTORY WHEN YOU REPLENISH. INVENTORY WILL REDUCE.m)
YOUR OVERALL $WEIGHTED DAYS DELAY WILL LIKELY LOWER, AGAIN MEANING LOWER INVENTORY
THE BUY MULTS WILL BE LOGICALLY AND PROFITABLY TIED TO THEIR MOVEMENT.
BUY MULTS WILL CHANGE INTO AND OUT OF SEASON, AND WILL ALSO CHANGE AS FORECASTS CHANGE. SMART EACH PERIOD!
RESOURCES
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