The foundation of the TGC approach to inventory planning, control and allocation is the assignment of classic hierarchy coding, by department, class, subclass, color, etc. and creating meaningful coding protocols across all product categories. This facilitates a detailed level of performance analysis which identifies where the real problems and opportunities in adjusting the assortment exist
We have been extremely successful in working with our clients to establish these coding hierarchies and in establishing systems and processes to ensure that forward sales projections by product category have high levels of accuracy and that inventories planned and purchases made are spot on to what is required for optimization of sales and gross margin.
We have also managed on an interim basis, the planning, analysis, and allocation functions for smaller clients while they built their in house staff and structure and put our proven planning processes in place.
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