5 New Item MAsTErY
THE OPPORTUNITY: Using the Catalyst 3X guide, invest 3X the attention to your New Item Portfolio. Set and expect high standards and lean on tools & collaboration to achieve.
3X - New items are easily overlooked, even as they under-perform.
The 3X strategy says that if 5% of your items are new, invest 15% of your time on them.
COLLABORATION & CONSISTENT ATTENTION VIA NEW TOOLS: Recruit help and knowledge when setting new forecasts. / Use Catalyst tools to watch & to help maintain many eyes via collab.
How is your New Item Picture??
New Item Components
USE YOU BUYING MULTIPLE DASHBOARD: How many items have BM set? How many A & B items are lacking Mults? Analyze your current picture at Dashboard BBMD
A TOOL IS AVAILABLE TO HELP THE PROCESS: Use the Catalyst Buying Multiple Guidance Dashboard at CBMG, but first let us help you set the parameters
TOOLS & TIPS
New Item Daily Exceptions
Create a New Item Team
SEE WHERE YOU STAND TODAY FOR NEW ITEMS IN SERVICE, FORECAST ACCY AND OVERSTOCK.
CONTINUE IN UPDATE MODE EACH PERIOD AS THE SUGGESTIONS WILL CHANGE WITH CHANGES TO FORECASTS AND UPCOMING SEASONS