Professional Documents
Culture Documents
Submitted By: -
Abinaya Jayaraman
Anshu Kumari
Mohammed Thanu Khan
Smita Lakra
Yamini Kanika Chopra
Submitted to
Tel: +91-1126542000
CERTIFICATE
This 'End Term Project' report is the record of authentic work carried out
by the entire team under my mentorship.
Jasmine S. Dixit
Assistant Professor & Unit In-Charge-SDAC
FMS Department
NIFT Delhi
DECLARATION
We, hereby declare that the End Term Evaluation Project (GRP) entitled
“Studying the Merchandise Mix, Assortment Planning, Planogram and
Suggesting Improvements for BROOKS BROTHERS” is the result of our
own research work carried out by us under the supervision of our subject
faculty Jasmine S. Dixit.
Abinaya Jayaraman
Anshu Kumari
Mohammed Thanu Khan
Smita Lakra
Yamini Kanika Chopra
Merchandise Hierarchy
Product Length: Dress shirts, Blazers, dress Trousers, Suits, Sports shirts, Polos &
t-shirts, Coats and Vests, Jackets Casual trousers.
Product Depth
• Fabric: the variety of fabrics that Brooks Brothers provide in India are Supima
Cotton, Merino Wool, Linen, seersucker, Madras, Saxxon wool.
• Shirt Collars: They provide 3 types of collars for shirts that are
o Button down
o Forward point collar
o Spread Collar
• Cuffs: the three types of cuffs that Brooks Brothers provide are
o Barrel cuff
o French Cuff
o Mitered Cuff
It is a guide for a futuristic period and includes monetary values only. It does not
describe units, assortments or quantities of merchandise. It balances planned sales
and planned stocks in monetary values. It includes:
● Planned Sales: sales in monetary values estimates for the total plan period
broken down for each month of the plan.
● Planned Stock: Estimated money value of the Inventory needed at the
beginning of each month of the plan.
❖ Stock Turnover = Net Sales in terms of value / Average Inventory Values.
● Average units
= 1680 Nos
● Average Stock
= 1680 * 13000
= Rs. 2,18,40,000
● Stock Turnover
= 3,79,15,200 / 2,18,40,000
= 1.74
● Base Stock
Planned Sale
2018 Planned Sale of 2019 Percentage of
increase
Month BOM
Average 3.490
Retail Purchases
Cost Purchase
= (100 - 54%)
= 46%
A planogram defines the location and quantity of products to be placed on display. The
rules and theories for creating planograms are set under the terms of merchandising.
For example, given limited shelf space, a vendor may prefer to provide a wide
assortment of products, or may limit the assortment but increase the facings of each
product to avoid stock-outs. Manufacturers often send planograms to stores ahead of
new product shipments. This is useful when a vendor wants retail displays in multiple
store locations to have the same look and feel. Often, a consumer goods manufacturer
releases a planogram with each new product to show how the product can relate to
existing products. It is usually a single component to more comprehensive visual
merchandising documentation. It is by no means the end-all, be-all solution to your
visual merchandising needs. They’re especially useful for big-box retailers or grocery
stores that carry many products and product categories from a multitude of suppliers
and have a lot of space to fill. Think about it this way: Accessory stores have to know
whether a product will fit on a certain set of shelves, which is where the level of detail
included in a planogram is crucial. As such, planograms vary depending on the retailer.
In the example described, it is likely looking at a detailed planogram. For a smaller
store with fewer products and displays, the planogram may not be as comprehensive.
Fast-moving consumer goods organizations and supermarkets mostly use text and
box-based planograms to optimize shelf space, inventory turns and profit margins.
Apparel brands and retailers are more focused on presentation and use pictorial
planograms that illustrate the look and brand identity for each product.
TYPES OF PLANOGRAM
- Visual Planogram
- Product Planogram
❖ Visual planogram:
It is the activity of sequencing, prioritizing the visuals of goods/services offered by
brands in their retail outlets basis their importance/colour/sizes or other different
classifications. For example: A customer entered in an apparel store wherein visuals
of men’s shirt department are placed in the sequence basis different sizes. But while
checking the actual products found that visuals mentioned above are not matching
with the sizes mentioned on the shirts placed. This will confuse customer & probability
of losing customer increases if some representative did not solve confusion
immediately. Despite solution of the problem, Customer’s perception about the
hygiene of the brand placement will for sure dissolute. Thus, visual planogram activity
is being taken by brands seriously.
❖ Product Planogram:
It is similar to visual planogram but with regards to products offered by the brands.
Retailers need to set the sequence of the products based on different classifications
namely costs, launch dates, product family etc.
For example, A customer entered in a watch showroom with hundreds of watches
placed in a single counter/fixtures without any classification, category. In this case, a
customer will not be able to identify the required watch without spending superfluous
time in the store. This should not be the case in case all watches are segregated basis
categories, families, or basis there range criterion. Thus, effective planogram not only
saves the time but change the customer’s perception as well
• LIGHTING
There are several different types of retail lighting, including:
o Ambient lighting: This refers to the store’s overall lighting concept. Ambient
lighting creates the overall atmosphere in the store and has the largest visual
impact.
o Accent lighting: This “spotlight” type lighting allows storefronts to draw
attention to a few products This technique is common in luxury stores.
o High-activity lighting: High-activity lighting focuses on covering the entire
space with bright lights to eliminate the possibility of the customers missing any
of the products.
o Task Lighting: Task lighting is lighting that lights a particular area and makes
the completion of a task easier
Generic Window
Sale
Communication
Standee
Lighting:
Ambient Lighting
This is the store’s main lighting. This is to make sure the customers have enough
light to feel comfortable in the store.
Display
Cases
Mannequins/Torso
Wall Display
Racks
One-way
Nestin Tables Browser
• Planogram:
Wardrobing – Display of apparel in outfits in a wall system, on a table or on a
floor fixture is called as wardrobing.
Classification Statements – A vertical presentation of different fits offered in
different colours.
Sports Wall
Straight
arm
Mirror
Hanging
Wardrobing
C-Arm
Colour-
Blocking
Tailored Wall
Pyramid
Technique –
Table Wardrobing
Classification Props
Statement
OBSERVATIONS AND SUGGESTIONS
● Designs and prints in India are mostly restricted to Solids, Stripes and
checks. However Internationally they also feature paisleys, Florals and plaids.
We suggest introducing these styles in the Indian market as well so as to
cater to the Global Globetrotting Indian.
● The stores in India are menswear centric but the Indian retail landscape also
provides the brand with opportunity to venture into the women’s wear
segment. Globally the brand features women’s wear as well.
● Currently there are only 3 Red Fleece stores in India. Considering that there
the millennials contribute to around 47% of the total earning population, there
should be more stores featuring the Red Fleece collection to target the
Millennials
REFERENCES