FM 325 Lecture Notes - Lecture 7: Multivac, Exit Strategy, Market Trend

• School: FIT
• Department: Fashion Business Management
• Course: FM 325
• Professor: B E H A R

Document Summary

This session focuses on key item planning and activating attributes as alternate hierarchies. Setting key item targets: set specific targets for key items, key item planning typically uses a subset of the product planning measurers used in top-down or bottom-up. Key item considerations: key items should be planned in order to understand gross profit opportunities. They should be planned using a full set of business measures: key items need to be planned when setting strategic targets, during product planning and prior to assortment planning. Key item planning process: the key item planning process is as follows, identify key items, plan key items, review key items, distribution of key items. Key item planning measures: may be a subset of your variables or may be the same. Key item planning steps: the key item planning process is the same is the same as the product planning process, plan sales, plan inventory, plan margin, review plan, approve plan.