Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

Is your Inventory Planned ?

Is your Inventory Planned ?

The art of Merchandise Mix and Inventory Hierarchy
The objective of merchandise hierarchy is achieving the following  
The Right Product
The Right Place
The Right Quantity
The Right Quality
The Right Price
The Right Mix or Assortment
The Right Time
In order to satisfy every customer’s needs, the retail store must have the right product in right place, in right quantity, with right quality, at the right price, with the right mixes or sizes or variants at the right time. The function of Merchandise Hierarchy is to achieve all these ‘RIGHTS’ so that the sales are high with an ideal level of inventory holding and thus more Profits.





Is your Inventory Planned - To learn more about this author, visit Nilesh Shah's Website.

Like this article? Share it with your friends

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback

To learn more about the Evan Elite Author Program please contact us.

About The Author


Nilesh Shah
(Visit Nilesh's Website) Nilesh Shah nileshshah@rancelab.com Over 10 years of experience in the field of software development, sales and marketing. He has assisted over 300 Retailers and Restaurateurs in implementing the Retail and F&B software with barcode & pos hardware for their business. He holds a designation of Director, Marketing in Rance Computer Pvt Ltd. He holds the certification from Microsoft Corporation and NIS. His current research focuses on developing and implementing intelligent retail systems that shoulders the responsibility of an entrepreneur. With such system, he is helping Retailers and Restauranteurs in focusing more on business expansion than of day-to-day complex operations. Click here to visit FusionRetail Blog. Catch me on Facebook. Follow me on Twitter


Nilesh Shah is a Platinum author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
View Author Video

Free Downloads


Nilesh Shah's

Complete
List Of
Retail
Articles

Name
Email
If you enjoyed this article, get Nilesh Shah's Complete List of Retail Articles For FREE!

More Nilesh Shah
Know the difference between buyers and decision makers
Alpha Beta Theta of Food Costing
Is your Inventory Planned
How to control Shoplifting Remedies to Shoplifting
What is Basket Analysis
Which Retail Automation POS Software Works For You
Inventory Management Automated Systems
Retail Store Operations
How to increase profitability of your restaurant with a Restaurant Management Software
8 Ps of Hardcodre Selling
Free Downloads


 
 
 


Evan Elite Authors
John Alexander  
John Brennan  
Linda Richardson  
Evan Elite Authors

Become An Author
Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
Life Purpose Icon Life Purpose
Instant Quotes Icon Instant Quotes
Closed Door Sales Icon Closed Door Sales
Law of Attraction in Action Icon Law of Attraction in Action
NichePreneur Mindset Icon NichePreneur Mindset
Free Downloads - Complete List

Entrepreneur Tools and Guides
Top 50 Social Media Blogs
Top 50 Social Media Blogs
Top 50 Social Media Blogs
 
Top 50 Raising Capital Blogs To Watch In 2008
Top 50 Raising Capital Blogs
Top Blogs To Watch In 2008
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
Damien Mutarushwa Kacyiru/gasabo/Kigali, Rwanda,
Damien Mutarushwa
Kacyiru/gasabo/Kigali, Rwanda
SEO For Africa

If I Were A Startup...
Adam and Matthew Toren , $200k to $3.4 Mil in 3 Years
Adam and Matthew Toren
$200k to $3.4 Mil in 3 Years
Kerry Shapansky, $2.0 to $51 Mil in 5 years
Kerry Shapansky
$2.0 to $51 Mil in 5 years
If I Were A Startup... - Complete List

Famous Entrepreneurs
Gordon Moore Robert Noyce, Intel
Craig Newmark, Craigslist
Craig Newmark
Craigslist
Famous Entrepreneurs - Complete List

Entrepreneur Advice
Seth Godin, Ideavirus Author
Seth Godin
Ideavirus Author
Tom Peters, In Search Of Excellence
Tom Peters
In Search Of Excellence
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)

     Adding Value to your Corporate Christmas Gift
By Elyse Cabral
     How Promotional Caps became a Fashion Trend
By Elyse Cabral
     Techniques to increase the effectiveness of your promotional marketing during a period of economic downturn
By Elyse Cabral

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

More Evan Carmichael
More Information