Retail-Solutions

About Us

"Retail Solutions" is a premier training and consulting service established in Canada by industry veterans with over 35 years of combined experience in retail and supply chain management. Specializing in transforming retail operations through meticulous merchandise planning, supply chain optimization, and cutting-edge analytics, Retail Solutions serves as a strategic partner to retail giants and emerging businesses alike.

"Retail Solutions" was established with a vision to bridge the gap between operational efficiency and market demands. By leveraging deep industry knowledge and advanced analytical tools, "Retail Solutions" offers comprehensive services that include assortment planning, demand forecasting, and inventory management. Their innovative approaches have redefined store clustering, merchandise planning, and space utilization, ensuring that each client can achieve maximum sales potential and customer satisfaction.

"Retail Solutions" is known for its commitment to excellence, which is reflected in its leadership’s significant achievements and acknowledgments within the industry. The team at "Retail Solutions" consistently drives growth and sustainability for their clients by applying a strategic business acumen, attention to detail, and a proactive stance in all endeavours. Whether it’s leading transformational projects or aligning supply chain processes with business strategies, "Retail Solutions" delivers results that propel retail businesses forward in today's competitive market.

Current Course (Merchandise Planning)

Are you tasked with overseeing a vast network of retail stores, each unique in its layout, customer demographics, and performance metrics? Do you struggle with the complexities of applying uniform planning strategies across such diverse settings? Are you aiming to centralize your demand and supply planning processes and seeking ways to optimize your financial spending on inventory and system resources?

"Retail Solutions" is introducing a transformative course designed to equip you with the proficiency in the Merchandise Planning, essential for any retail business seeking to refine their end-to-end planning cycle.

This course promises a deep dive into strategic methodologies that will enable you to:

Tailor your product categorization to better align with evolving customer behaviour.
Effectively cluster your stores into manageable groups, simplifying and enhancing your planning activities.
Construct precise inventory frameworks for each product category, which will govern your assortment selection processes.
Identify the ideal product assortment for each store and determine the optimal inventory levels for individual items.
Establish minimum display quantities for items at each store and develop strong replenishment parameters to maintain consistent stock levels.
Manage extraordinary items and unique store challenges within established inventory norms.
Address space constraints and special project needs in a methodical and organized manner.
Lay the groundwork for a robust system to assess store performance, utilizing weighted KPIs to genuinely understand sales impacts.

Further, the course provides detailed guidance on constructing an Assortment Grid from the ground up, incorporating:

Evaluations of historical sales data.
Integration with overarching category strategies and profitability objectives.
Strategic grouping of stores to facilitate tailored inventory decisions.
Calibration of ideal inventory quantities for each item in every store.
Determination of essential display quantities for each item, tailored to each store’s specific needs.

“Retail Solutions” offers you the strategic tools and insights necessary to effectively manage and optimize your retail operations, ensuring that each store operates at peak efficiency and profitability.

Join us to transform your approach to retail management and planning, setting new standards of excellence in your organization.

Course Video

Course Learning Objectives

Master the fundamentals of Retail Merchandise Planning and learn how to apply the unique CCFA technique.
Link Category Management to Merchandise Planning, for a more targeted and customer-centric approach.
Gain a deep understanding of the store clustering process and how it can be effectively used to optimize retail operations.
Optimize inventory levels through strategic framework development, to control the process of building the assortment.
Get hands-on experience with real-world scenarios that teach how to optimize product assortment.
Learn how to determine the optimum inventory per item per store as well as the optimum display quantity.
Explore ways to manage exceptional items and exceptional stores within a defined category inventory target.
Be the company expert who can handle space limitations and special activities, in a systematic and structured way.
Develop a solid base to measure store availability, based on weighted KPIs that show the real impact on sales performance.

Course Details

Introduction to “CCFA technique” of Merchandise Planning

This course provides a comprehensive overview of “CCFA technique” of merchandise planning, which provides the linkage between category management and assortment planning. It includes item categorization approach, store clustering process, inventory frame determination, and standard way of assortment selection followed by how to execute explained ideas into business actions.

Item Categorization

Explore the principles of category management and how it ties into effective assortment planning.

Store Clustering

Learn how to group stores based on similar characteristics to optimize inventory management and sales strategies.

Inventory Frame

Create a border to the defined clusters in order to build a robust assortment while operating with optimal inventory level all-over the year or the planning season. Therefore, avoid fluctuation in inventory as well as negative impact on customer satisfaction.

Assortment Selection

Understand the process of determining which items to be ranged in which stores to meet the consumer demand and maximize sales opportunity within a controlled inventory target.

Execution and the way forward

Study how to realize the discussed CCFA ideas when it comes to real business execution. In addition to managing the exceptions that may be seen according to the business nature, either special items, special stores, or special considerations that satisfy the company strategic & tactical decisions.

Course on Udemy

Enroll in our comprehensive Merchandise Planning course on Udemy to gain in-depth knowledge and practical skills to excel in retail management.

View Course on Udemy

Contact Us

If you have inquiries or would like to learn more about the course, please reach out to Retail Solutions via retailsolutionscourses@gmail.com

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