Planning

The Planning section covers the elements used in LS Replenishment for planning and how these 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 lifecycles.

Goal

The goals of this step:

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

Key questions / considerations

Covered in the detail sections.

Output

Covered in the detail sections.

LS Central setup considerations

Covered in the detail sections.

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

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Processes

Overview