Planogram Study guides, Revision notes & Summaries

Brick-and-Mortar Business a business that operates in a physical store without an internet presence Online or E-tailing All products and services are sold to customers through an online website. Example: A Brick and Clicks Companies that use both a physical store and the Web to sell their products and services. Clicks and Calls In addition to taking orders via the company website, some companies will also offer sales via the phone. Examples: Lands' End and L.L. Bean ...

CMKG - CPCM SPACE MANAGEMENT EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ 1. What is the balance formula in space management as it relates to inventory on shelf for the retailer? - -Answer: Minimize days of supply and maximize stock availability. Retailers want to find the balance between minimizing days of supply while maximizing stock availability (to avoid out of stocks). 2. When determining product assortment and considering how it affects the shelf, what are the two MOST important ...

NRF customer service chapter 3 Test Questions with Correct Answers Fraud - Answer-means of stealing by trickery, such as stolen debit/credit cards, counterfeit money, currency switching, package switching, refund fraud, refund abuse and stolen or bad checks loss - Answer-when assets of a business are stolen or missing due to error Physical Inventory - Answer-a type of inventory control in which every piece of merchandise in the store is counted Planogram - Answer-a visual map that ...

CPCM Course 9 Space Management Fundamentals 2024 Exam B. Retailer strategies -Answer-"Maximize shopper friendliness", "first to shelf', "minimize out of stocks", and "minimize excess inventory" are examples of what? A. Category roles B. Retailer strategies C. Consumer decision trees D. Category strategies D. fixture dimensions -Answer-Fill in the blank. There are many inputs required to develop effective planograms, including product information, retailer strategy and ___________...

CPCM- Space Management Questions and Answers 2024 • When deciding which products to carry, what are the two most important factors that retailers must keep in balance? -Answer-Variety and capacity. •Which of the following is not an important question to consider when establishing a planogram? -Answer-All of the above are important questions to ask: Do I need to have a SKU in each segment of a category to optimize my volume in the category?, How many different items do I need to satisfy...

CMKG - CPCM Space Management Exam 2024 1. What is the balance formula in space management as it relates to inventory on shelf for the retailer? -Answer-Answer: Minimize days of supply and maximize stock availability. Retailers want to find the balance between minimizing days of supply while maximizing stock availability (to avoid out of stocks). 2. When determining product assortment and considering how it affects the shelf, what are the two MOST important factors that retailers need to co...

CPCA Mini Exam Prep Questions Correctly Answered Definition of ACV -Answer-All-commodity volume or ACV represents the total annual sales volume of retailers that can be aggregated from individual store-level up to larger geographical sets. ... Often, outlets are weighted by their share of category sales or "all-commodity" sales. What does "DOS" stand for in Category Management? -Answer-'Inventory Days of Supply(DoS)' is an efficiency ratio that measures the average number of days the...

Cardinal Rule - correct answer Minimum people, minimum time, minimum explosives ESQD: Explosives Safety Quantity Distance - correct answer Provides different minimum safe distances for buildings, roadways, and magazines. PES - correct answer IMD - correct answer Intermagazine Distance: applies to ECMs, AGMs, open storage sites, classification yards, holding areas. ILD - correct answer Intraline Distance: provided for operating buildings Surveillance workshops, production buildings, inspec...

CPCA Mini Exam Prep Questions With Complete Solutions Definition of ACV - answerAll-commodity volume or ACV represents the total annual sales volume of retailers that can be aggregated from individual store-level up to larger geographical sets. ... Often, outlets are weighted by their share of category sales or "all-commodity" sales. What does "DOS" stand for in Category Management? - answer'Inventory Days of Supply(DoS)' is an efficiency ratio that measures the average number of day...

CPCA Mini Exam Prep Questions With Complete Solutions Definition of ACV - answerAll-commodity volume or ACV represents the total annual sales volume of retailers that can be aggregated from individual store-level up to larger geographical sets. ... Often, outlets are weighted by their share of category sales or "all-commodity" sales. What does "DOS" stand for in Category Management? - answer'Inventory Days of Supply(DoS)' is an efficiency ratio that measures the average number of day...