15

BUYING MULTIPLE

STRATEGY

THE OPPORTUNITY:  

Create and maintain a profitable and efficient Buying Multiple Strategy,

automatically adjusting for upcoming seasons and events

the journey

discovery tools

AVG $WEIGHTED 

BUY-MULT DAYS

by FCST RANGE

DASH = BMBP

s1: review current status

pitfalls to overcome

PITFALL #1

NOT LEARNING YOUR OPTIONS

YOUR SUPPLIERS AND YOUR DC RECEIVING TEAMS HAVE INFORMATION THAT CAN HELP YOU KNOW YOUR OPTIONS.  THAT SETS YOU UP FOR ANALYSIS AND ACTION

s2: fix the costly settings

 -   WATCH   -

LOOK FOR THE OUTLIERS, PRINT A LIST OR FILTER ON YOUR SYSTEM, AND MAKE ANY ADJUSTMENTS TO YOUR BUY MULTS.

s3: SET AN ONGOING STRATEGY!

VIEW OUR CUSTOMIZABLE TOOL BELOW TO HELP YOU CONTINUALLY REFINE THIS KEY COMPONENT.

(Consider exporting the data and interfacing it right back into your system)

Suggested BuyMult.jpg

monthly ongoing suggested

buy mult adjustments based on forecast changes & upcoming seasons

unique by location

RESULTS YOU WILL EXPERIENCE

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REDUCING A ITEM BUYMULTS WILL MEAN LESS TOPPING OFF OF INVENTORY WHEN YOU REPLENISH.  INVENTORY WILL REDUCE.m)

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YOUR OVERALL $WEIGHTED DAYS DELAY WILL LIKELY LOWER, AGAIN MEANING LOWER INVENTORY

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THE BUY MULTS WILL BE LOGICALLY AND PROFITABLY TIED TO THEIR MOVEMENT.

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BUY MULTS WILL CHANGE INTO AND OUT OF SEASON, AND WILL ALSO CHANGE AS FORECASTS CHANGE.  SMART EACH PERIOD!

RESOURCES