Anaplan Job Aid: Circular References and Percentage Spreading
A solution to the number one reason retailers struggle with Anaplan
The ability to measure your clienteling effectiveness provides important insight into the type of customer experience you are attempting to create.
Average Initial Inventory at Wholesale (AIW)
The average initial inventory at wholesale price (AIW) measures the beginning inventory (BOP) valuation at wholesale full price. The AIW is usually measured at the start of a fiscal period or at the start of a fashion season. This price is used to determine if the assortment for the period/season is sufficient to meet the financial objectives in the buy sheets, sales plan, or the merchandise plan.
Average Initial Inventory at Retail (AIR)
The average initial inventory at retail price (AIR) measures the beginning inventory (BOP) valuation at full price. The AIR is usually measured at the start of a fiscal period or at the start of a fashion season. This price is used to determine if the assortment for the period/season is sufficient to meet the financial objectives in the buy sheets or the merchandise plan.
Average Units Per Transaction (AUT)
The average units per transaction, or AUT, is a primary Key Performance Indicator (KPI) that measures the average number of units purchased in a typical transaction value. The AUT is used as a lever to increase or decrease sales and margin.
Understanding the Customer Lifetime Value (CLTV) Calculation
How much is your customer worth? Find out with this important calculation.
Detecting Retail Sales Trends with Machine Learning
How machine learning can detect sales trends and enhance your retail sales forecasting.
Assortment Planning: Why Technology Can’t Replace the Merchant
Technology plays a crucial role in assortment planning, but the process still requires a buyer’s insight.
Digital Transformation for Retail: Build a Successful Roadmap
Critical factors for a successful retail digital transformation roadmap.
Inventory Balance Set: Units of Measure
Introduction Units of measure, or UOM, is important to consider because we need to decide what inventory valuation we're talking about. For instance, if I say sales, am I referring to the units, the cost which I paid, or the retail the customer paid? I will be...
Inventory Balance Set: Perspectives and Types
A discussion of the Inventory Balance Set, an essential retail calculation. Part 3 of 3, Perspectives and Types.
Four Forecasting Methods You Have to Know: Variable Response Smoothing
Use variable response smoothing, or VRS, as a machine learning method for demand forecasting.
Four Forecasting Methods You Have to Know: Sales Profiles
Use sales profiles for forward-looking demand forecasts.
Four Forecasting Methods You Have to Know: Exponential Smoothing
Use exponential smoothing as a quick way to detect trend in your demand forecasts.
Four Forecasting Methods You Have to Know: Moving Averages
Use moving averages as a quick way to obtain a forecast.