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![]() | Merchandise Planning | ||
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What is IPM? | Integrated Planning Method
| Planning is no longer simply about allocation. Today’s progressive organizations are demonstrating that a well-executed planning strategy, with visibility to the business end-to-end, is one of the single most effective ways to positively impact margin and profit. Such programs offer real results for the bottom line both in terms of top line sales growth and product line optimization. They can also greatly reduce a company’s liability from a costly over supply standpoint. Integrating both practices allows organizations to course-correct as business changes at retail, maximizing potential and minimizing losses before you own the product. Unlike traditional planning methods, the Integrated Planning Method allows you to focus on each seasonal silo of the business and apply it to the bigger picture. This allows you to adjust future deliveries as new information becomes available. This is important from both a product and from an overall dollars on-order point of view. | |||
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