The merchandise assortment plan outlines strategies for managing inventory and sales forecasting, focusing on category management to enhance retail performance. Shoppers’ Stop, a prominent department store in India, sources a diverse range of products and maintains a significant stock while implementing centralized buying to mitigate sales tax. The store emphasizes complementary merchandise to provide customers with a comprehensive shopping experience.

1. MERCHANDISE ASSORTMENT PLAN Presented By Anuradha Sajwan Chander Bhan kr. Jasmine Monga Kunal Agrawal Winnie Tandon Faculty of Management Studies, NIFT Delhi

2. Merchandise Assortment Plan A n assortment plan tends to be the amalgamation of the GMROI plan, the inventory turnover plan, sales forecasting, and assortment planning. The merchandise is split into categories for the purpose of planning. The categories thus split are managed by purchasers and merchandise planners, as well as vendors. GMROI is a tool that helps the retailer plan and evaluate the performance of the merchandise.

3. Developing an Assortment Plan Category management Retail Strategy Setting merchandise financial objectives Develop an assortment plan Physical characteristics of the store Complementary merchandise

4. Company profile Shoppers’ Stop is promoted by the K Raheja Corp Group, one of leading players in real estate development and hotels. Shoppers’ Stop has progressed from being a single brand shop to a family orientated fashion and lifestyle store. It operates under the departmental store format, and was one of the pioneers of the large format stores in India.

5. Category management

6. Retail Strategy The number of SKUs to offer in a merchandise category is a strategic decision. SOURCING AND STOCKS The store on an average stores 30,000 pieces of different products. Merchandise sourced from 250 exporters from Delhi , Mumbai and Bangalore. Centralised buying for all products except cosmetics and perfumes to avoid sales tax. Carries 63 days of stock.

7. Financial Details

8. Private Labels

10. The Assortment Plan

12. Stop Corporate Solid Woven Top Product Details- Full sleeves Front dart Looped cuff Cotton elastane Solid Slim fit Item Number:4040768_9212 Color BLACK Size S to XXL MRP Rs.699.00 Stop Corporate Solid Woven Top Product Details- Full sleeves Zigzag detail Regular cuff Solid Cotton elastane Slim fit Item Number:4040715_9212 Color BLACK MAROON WHITE BABY PINK Size S to XXL MRP Rs.999.0

13. Physical characteristics of the store

15. Complementary Merchandise The store offers complementary merchandise in almost all categories. For instance, with jeans under a brand they also have options for tops and shirts to pair it with. A customer can thus shop for an entire apparel at one stop.

16. Happy Shopping…