This all about setting the budgets for the coming year, agreeing the sales outlets and revenue expectations from them, both online and store, and then going down to the level of defining the product range and the assortment, leading to a clear view of the products you will be selling in the coming season.
Very common in the Fashion industry where Buyers and Merchandisers need to make commitments ahead of the season.
One of our clear USPs in this is our ability to do what we call size optimisation. Particularly important in fashion, and also article scoring which allows us to look at probability of sale by channel or outlets.
The outputs of Pre-Season Planning are
It allows us to
- .Define the product range
- .Place Initial orders
- .Set budgets