Merchandising is the lifeblood of a retailer
Key internal processes and systems to deliver a product vision to your end customer are typically complex and cumbersome. With a deep understanding of merchandising principles and practices, we develop your offshore talent strategy to ensure that your buyers & planners are focused on the right things.
Some areas where we can help:
Production Information and Vendor Management
- Requesting and validating product attributes, pricing, and costs from suppliers.
Inbound Product/Receipt Management
- Calculating and issuing purchase orders to suppliers.
- Updating Merchant Assortment plans and tracking purchase orders against Open-To-Buy (OTB).
- Receiving and following up on purchase order acknowledgments Monitoring and tracking purchase order delivery with vendors.
- Competitor price scrapping and monitoring
- Price match & MAP pricing monitoring
- Adhoc research projects
Merchandising Reporting and Analytics
- Weekly KPI development
- Dashboard generation
- Pricing and product deep dive/analysis