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tighter initial buys
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space management
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right price first time
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OTB management
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newness
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negotiation
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multi-channel
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market analysis
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mark-down management
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managed risk
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little or no terminal stock
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International opportunities
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increased flexibility with suppliers
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fulfilment planning
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focus on profit
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first for trends
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financial planning
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faster lead times
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deliver more profit
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customer first
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critical path management
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brand values
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better than the competition
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better sourcing
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attractive promotions
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accurate forecasting
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100% stock availability
This one day learning experience is competitive and highly pressured; it is based on reacting to trading initiatives to optimise performance and secure profits in season.
The Brief:
- Teams are challenged with trading a product category
- They will encounter a series of complex and challenging trading scenarios
- Supplied with documentation they must review product performance and make customer focused trading decisions
- They must use and develop their commercial skill in responding to three different trading periods: early season, mid-season and end-of-season trading
- Teams are tasked with effective presentation of the trading information
The Outcome:
- The team, which makes and presents the best trading decisions, will win the challenge.
The Benefits:
- By addressing a number of retail challenges in a compelling, competitive way, they will learn how to make good decisions and avoid pitfalls
- They will experience how every decision taken has a direct impact on their team’s ability to trade effectively
- They will leave with a personal learning log based on feedback and their own experience of the challenge
To Book:
To book any of the business challenges or for further details and prices please contact enquiries [at] firstfriday [dot] biz, Tel. 01494 867 106.
