MID Retail Advanced Merchandising Website

Commitment to customer centricity in today’s economy has upped the stakes of the merchandise planning process, amplifying the need for precision. Your assortment plans must anticipate demand and relate directly to financial plans, space plans and brand strategies. Every merchandise plan must be accurate down to the local market and store levels.

• Develop and implement optimal merchandise plans down to the store level. The solution includes integrated forecasting, easy access to relevant data and support for large plan sizes. Performance analysis enables you to identify trends, gaps and opportunities by analyzing data at any level of the location, time or merchandise hierarchy.
• Create better plans despite limited resources. With automated planning and a built-in planning process design module, this solution provides intelligent recommendations and removes variability from the planning process.
• Ensure consistent performance and increase accountability. Use standard KPIs to maintain consistent measurement between departments, categories and locations. Integration with SAS Business Intelligence makes it easy to share performance information with the rest of the organization.

This is a very good example of a merchandising plan. I think this is quite perfect due to its large amount of scope. They are able to address the people, consumers and competitors. Their plan is also flexible because of the kind of workflow in their company. That is one good thing about their plan. Things are fitted in the right way. I hope that some stores could also build or provide with this kind of merchandising plan .They should make sure many will benefit and at the same time, theirs will benefit too.