55.Merchandise Assortment and Space Elasticity Management

 

The planning and control of merchandise inventories to meet desired sales and product-related objectives included the planning of the size and composition of the merchandise inventories, as well as a variety of functions dealing with the purchase, display, pricing, promotion, and sale of merchandise. This also involves those activities which are needed to ensure a balance between inventories and sales and marketing the right merchandise at the right place at the right time in the right quantities at the right price with planning annual and monthly sales estimates

 

Techniques of Developing Merchandise Assortment and Space Elasticity Management (15 of 40 Slides)

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