Cpcm space management - Study guides, Class notes & Summaries

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...

CPCM 026 Space Management Fundamentals

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...

CPCM- Space Management

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...

CPCM Course 6 Promotion Analysis Techniques Exam C. There are a standard set of promotion management applications across most retailers. - Answer-Select the answer below that is LEAST correct regarding retailer's promotion management applications. A. Promotion management applications allow for automation of planning, executing, and reviewing promotional events. B. Applications can measure inventory levels, promotional planning, ad planning, and promotional tracking. C. There are a stand...

CPCM- Space Management Exam With Questions And Correct Answers ...

CPCM Course 6 Promotion Analysis Techniques Exam C. There are a standard set of promotion management applications across most retailers. - Answer-Select the answer below that is LEAST correct regarding retailer's promotion management applications. A. Promotion management applications allow for automation of planning, executing, and reviewing promotional events. B. Applications can measure inventory levels, promotional planning, ad planning, and promotional tracking. C. There are a stand...

Space management inventory objective - Answer-Balance between minimizing days of supply and maximizing stock availability. Important considerations when establishing a planogram based on a consumer decision tree. - Answer-Do I need to have an item in each segment of a category? How many different items do I need to satisfy a particular shopper demand? How can I optimize volume in key segments? Can I reduce the number of items in a given segment thereby reducing my inventory costs without r...

• 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 shopper need states?, Do I need to optimize my vol...