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Retail & Allocation lesson
Stock the plan needs
Next month's plan for Audio, at retail value.
Try this lesson free →The idea
Next month's plan for Audio, at retail value:
Formulas
Planned sales + Planned markdowns + Planned closing stockKey points
Planned salesWhat the plan expects you to sell next month, at retail value. No formula: the planner sets it, and you read it from the plan.
Planned markdownsThe price cuts the plan expects next month. Each one uses up stock value. No formula: it's the plan's markdown budget.
Planned closing stockThe stock you want left on the last day, so next month starts with full shelves. No formula: the plan sets the target.
Stock neededEverything the plan needs for the month.
Stock needed is the first half of open-to-buy. Next level: the stock you already have.
Practice
1. Tap the category with the highest planned sales.
Audio plans to sell $40,000 next month.2. How much stock does Audio need next month, in dollars?
$40,000 + $2,000 + $70,000 = $112,0003. In F4, work out the stock Cases needs next month, in dollars.
=D4+E4+B44. Why does the plan need closing stock as well as planned sales?
So next month starts with stock on the shelvesLearn it by doing. This lesson is a short hands-on level on Bampaa: see it work, then build and write it yourself, with instant feedback.
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