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    Merchandise Planning - Black Friday Blitz

    Merchandise, Planning, Allocation, Black Friday, Customer, Angry, Television, TV
 

How Do We Project Inventory Needs For Black Friday?




What do I want to change, fix, or improve? What’s the expected/desired outcome?

Excitement turns to near riot as shoppers find “Guaranteed in stock” televisions are sold out.  How could order placement go wrong on such an important item?

What do I know about this? How should I proceed?

General manager ordered based on a feeling that the item wouldn’t be as hot as it was.  Orders of such items are based on financial and inventory data from previous Black Friday sales to accurately predict needed stock.

Learn more, click here.

Problem solving checklist for General Manager:
  • Consult previous year’s Black Friday data on product sales and inventory
  • Determine big item to order for current year’s Black Friday sale
  • Order item based on last year’s data and current market demand

How do I know if it is done right?

Supply in store will meet the demand of shoppers.

Tags

Merchandise, Planning, Allocation, Black Friday, Customer, Angry, Television, TV
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