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Retail Store Replenishment

Retail Store Replenishment

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Published by Bikash
Retail replenishment construct.
Retail replenishment construct.

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Published by: Bikash on Mar 15, 2009
Copyright:Attribution Non-commercial

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10/02/2010

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 ©2007 Integrated Retail Management Consulting Pte. Ltd.
Fashion Retail StoreMerchandise ReplenishmentConstruct
 
 ©2007 Integrated Retail Management Consulting Pte. Ltd.
Factors Affecting Replenishment
Replenishment of merchandise is dependent on:
1.Type of merchandise2.Type of store3.Storage capacity of the store4.Lead times for supply of goods5.Rate of sales6.Relative stock positions across the chain7.Planned marketing activity8.Ensuing events like seasonality9.Beginning, Mid or end of seasonThere could be
SEVERAL
other factors like commercial contracts, priorityon stores etc. that affect the replenishment
 
 ©2007 Integrated Retail Management Consulting Pte. Ltd.
Basic Concept on Replenishment
Fundamentally replenishment is driven by standardreplenishment models and variables
Minimum stocksMaximum stocksRe-order pointRe-order quantityEconomic order quantityLead time for replenishment

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