5

New Item

mANAGEMENT

THE OPPORTUNITY:  

Become strong in a commonly poor area of inventory

journey

The

EDUCATION

ANALYTICS

GUIDANCE

EDUCATION

3X APPROACH: 
If New Items are 5% of your mix, then make them 15% of your time invested

EMBRACE A NEW APPROACH

PITFALLS TO OVERCOME

1

ASSUMING NEW ITEMS WILL EVENTUALLY CATCH UP

2

FAILING TO USE PROVEN COMPONENTS

DURING INITIAL SETUP

3

LOOKING AT NEW ITEM INFO TOO INFREQUENTLY

4

 NO UNIQUE NEW ITEM STRATEGY & ACCOUNT-ABILITY 

5

LACK OF COLLABORATION TO ACCESS KNOWLEDGE OF PARTNERS

ANALYTICS

NEW ITEM DAILY EXCEPTIONS:   Give these a try

FIND YOUR DASHBOARD:   Dashboard Code Here

GUIDANCE

NEW ITEM SETUP FLOWCHART:    New Item Component Guide 

NEW ITEM COLLABORATION:   Ideas for a team effort