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                Get Merchandise Plan Template
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How to fill out the Merchandise Plan Template online
Filling out the Merchandise Plan Template is essential for effective inventory management and sales planning. This guide will provide a comprehensive walkthrough of each section, ensuring you understand how to complete the template efficiently.
Follow the steps to complete your Merchandise Plan Template accurately.
- Click ‘Get Form’ button to obtain the Merchandise Plan Template and open it in your preferred online editor.
- Begin by filling in the 'Beginning Inventory' section. Input the values for each month as they pertain to your inventory levels at the start of the period.
- Next, enter the 'Sales' figures for each month. This includes the projected sales amounts based on your inventory and market analysis.
- Proceed to the 'Ending Inventory' field. This will reflect your inventory levels at the end of each month and should be calculated based on your beginning inventory plus purchases minus sales.
- In the 'Retail Purchases' section, include the total amount of purchases you plan to make each month in retail value.
- Fill in the 'Average Markup' percentage expected on the goods sold. This allows for a calculation of profitability based on sales prices.
- Input the 'Purchases at Cost' section, reflecting the total cost of the inventory you have purchased for the month.
- Complete the 'Cumulative Markup' area by adding the markup amounts cumulatively each month to track overall markup progress.
- Fill in the 'Gross Profit' section, which can be derived from sales figures minus the cost of goods sold.
- Finally, review all entries for accuracy. Once confirmed, you can save changes, download, print, or share the completed Merchandise Plan Template as needed.
Take control of your inventory management by filling out your Merchandise Plan Template online today!
Product. First and foremost, the basic component of any merchandise mix is the product. ... Range. This refers to the variety of merchandise that you sell. ... Price. ... Assortment. ... Space. ... Perform a post-season analysis. ... Forecast sales. ... Plan and implement the assortment.
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