Share this:
Buying and assortment planning (AP) is an iterative process that begins with assortment strategy, to product creation, quantification and finally purchase order commitment. Each step is informed by analysis that provides insight and guides your decision-making process.
In this unit, you’ll learn how to begin the buying and assortment planning process. This is where the strategic merchandise plans are translated into a buying framework. The first step in this is the assortment merchandising strategy, often called the range plan or the skeleton plan.
Here is a list of additional resources and information about buying and assortment planning:
- What is assortment planning?
- Why does my business need assortment planning?
- Common buying mistakes that’s impacting your bottom line
- 3 ways to improve your assortment planning process
- Buying or assortment planning: which one is right for my business
In-depth resources:
- Confessions of a retail buyer
- How to be customer focused in your assortment planning
- Attributing your way to Success
Learn more about daVinci Retail planning solutions:
Proceed to next training video
Share this:
