Planning

The Planning section covers the elements used in LS Replenishment for planning and how those are set up.

Sections:

• Budgets
  Sales Budgets and Purchase Budgets to plan future sales and purchases and compare with actual values.
  Open-to-Buy to compare Sales and Purchase Budgets with actual purchase values to compare outstanding purchases to achieve the sales goals.
• Item Lifecycles
  Plan the future sales behavior and patterns of items based on historical data.
  Change the Replenishment methods based on life cycles

 

Goal

The goals of this step:

• Get a detailed understanding on the retailer's planning process
• Create a planning structure
• Set up budgets and Open-to-Buy
• Get an understanding, if the retailer uses a life cycle approach for items, to change Replenishment method during lifecycle
• Set up life cycles and assign to items

 

Key questions / considerations

Covered in detail sections.

Output

Covered in detail sections.

Setup considerations

Covered in detail sections.

 

Steps	See
Budgets and Open-to-Buy	Budgets
Item Lifecycle Rules	Item Lifecycles

 

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Processes

Overview