This online training course is an introduction to the use of the WSSI for in-season forecasting and how trading decisions and actions can optimise departmental performance. It covers the importance of a WSSI as a key retail in-season and terminal stock management tool, and best practice in using this is shared along with considerations, tips and techniques that support proactive and reactive ways to optimise departmental performance. Whether performance is strong or weak, the WSSI can help you to make data-driven decisions with stock, price or suppliers and as a result optimise profit outcomes.
- £250 plus VAT
- 5% discount if you buy 3+ courses
- 10% discount if you buy 5+ courses
- Contact us for large group quotes
£ 250.00 plus VAT
What you will learn
- Why retailers re-forecast sales in-season
- The techniques retailers use to forecast
- How the WSSI is used in-season
- The impact of forecasting for over and under performance
- How you can manage end-of-season sales and terminal stock to safeguard profit
Modules in more detail
- What is in-season management? – an introduction to in-season management and why and how retailers forecast
- The WSSI as an evaluation tool – how the WSSI is used as a tool to evaluate in-season performance
- The WSSI as a forecasting tool – the different forecasting techniques and how to use the WSSI to re-forecast in-season
- Taking action – tangible in-season management actions and how these might differ at various points and for over and under performance situations
- Managing end of season product – managing terminal stock and seasonal product to maximise profit
Who it is suitable for
- Intermediate merchandising or planning roles involved with the management of in-season performance and reforecasting, particularly assistant levels with first time responsibility for this
- Anybody wishing to refresh and validate their WSSI and trading skills
Price
- £250 plus VAT
- 5% discount if you buy 3+ courses
- 10% discount if you buy 5+ courses
- Contact us for large group quotes
At a glance...
- Five online modules
- Total learning time = 1 hour 30 minutes
- Gamified self-led learning
- Works across PC, tablet and phone
- Currency choice: sterling, euros, dollars or rands
- Full audio voiceover
- Video and eLearning format
- Digital activities, quizzes and action plans
- Practical application of best practice
- Full access for 6 months
- Developed by retail B&M professionals
- Aligns to current apprenticeship standards
- Digital certificate on completion
