This was my final project for my Retail Buying Class. Our assignment was to first choose 10 products (ours happened to be shoes) and to first create the initial buying sheet. Next, we were asked to also put all the shoes on sale and to then pick which shoes would go on permanent markdown. Lastly, we were asked to show our final financial statement in order to determine if our semester long project created a profit based on how we priced our shoes.
Value Proposition canvas- Customer needs and pains
Retail Merchandise Management Final Project- 6 Month Buying Plan
1. MERCHANDISE
PRESENTATION
PDF
of
PowerPoint
Section
1 Last
year
merchandise
that
did
not
go
on
permanent
markdown
1
2
3
4
5
6
Section
2 Merchandise
put
on
permanent
markdown
1
2
3
4
5
6
Section
3 New
merchandise
1
2
FINANCIAL
PRESENTATION
EXCEL
Last
Year Totals
from
all
group
members,
except
for
markdowns
-‐
only
use
data
from
one
group
mem
SALES
$ Sales
%
to
total
Last
year
total
Last
year
monthly
MARKDOWNS
$ Last
year
total
Last
year
monthly
PURCHASES
$
(Retail) Last
year
total
Last
year
monthly
2. STOCK-‐SALES
RATIO Last
year
monthly
BOM
STOCK
$
(Retail) Last
year
monthly
Season
total
section
Sales
CMU
%
Markdown
$
Markdown
%
Sales
Cost
of
Sales
Gross
Margin
$
Gross
Margin
%
Average
Stock
Turnover
Plan
Season
total
section
%
Inc/Dec
Sales
CMU
%
Markdown
%
Markdown
$
Sales
Cost
of
Sales
Gross
Margin
$
Gross
Margin
%
Turnover
3. Average
Stock
SALES
$ Total
sales
plan
Sales
%
to
total
Sales
%
to
total
monthly
Monthly
sales
plan
Monthly
%
Inc/Dec
MARKDOWNS
$ Total
Plan
MD$
Monthly
MD
$
%
by
Month
%
to
Sales
STOCK-‐SALES
RATIO Plan
BOM
STOCK
$
(Retail) Plan
Avg
Inventory
Monthly
BOM
PURCHASES
$
(Retail) Monthly
purchases
Total
purchases
4. TATION
handise
that
did
not
go
on
permanent
markdown
Images
of
product
Original
Retail
price
Total
units
sold
for
each
item
Total
units
sold
at
retail
for
each
item
Total
GM%
for
each
item
Sell
Thru
%
for
each
item
ut
on
permanent
markdown
Images
of
product
Original
Retail
price
Total
units
sold
for
each
item
Total
units
sold
at
retail
for
each
item
Total
GM%
for
each
item
Sell
Thru
%
for
each
item
Images
of
product
Planned
retail
price
for
each
item
group
members,
except
for
markdowns
-‐
only
use
data
from
one
group
member
for
the
markdowns
Given
Total
units
sold
at
retail
for
all
group
members
(then
divide
by
1000
for
formatting)
Calculate
monthly
sales
based
on
percentages
in
row
5
Total
markdowns
from
ONE
group
member's
project
for
the
2
sales.
Do
not
include
the
permanent
markdowns
from
Calculate
monthly
markdowns
based
on
percentage
in
row
18
Total
purchases
from
all
group
members
-‐
the
orginal
buy
and
the
purchases
(then
divide
by
1000
for
formatting)
Spread
the
purchases
by
month
from
February
to
July
5. Given
Calculate
monthly
BOM
using
the
stock
to
sales
ratio.
August
and
the
average
will
automatically
calculate
Retail
sales
will
auto
populate
from
L6
Calculate
sales
at
cost
Given
Calculate
CMU
at
cost
Markdowns
at
retail
will
auto
populate
from
L17
Calculate
markdowns
at
cost
Calculate
This
will
auto
populate
Calculate
total
cost
of
sales
Calculate
Calculate
This
will
auto
populate
from
L13
Calculate
Given
in
H30
Calculate
based
on
%
increase
in
H30
Calculate
sales
at
cost
Given
Calculate
CMU
at
cost
Given
Calculate
markdowns
at
retail
Calculate
markdowns
at
cost
This
will
auto
populate
Calculate
total
cost
of
sales
Calculate
Calculate
Given
6. Calculate
This
will
auto
populate
from
F31
Given
Enter
percentages
from
February
to
July,
L8
should
total
100%
Calculate
monthly
sales
based
on
percentages
in
row
8
Calculate
This
will
auto
populate
from
F33
Calculate
monthly
markdowns
using
either
%
by
month
formula
or
%
to
sales
formula
Enter
to
calculate
markdown
$
or
calculate
Enter
to
calculate
markdown
$
or
calculate
Use
the
same
stock
to
sales
ratio
as
last
year;
enter
on
row
13
This
will
auto
populate
from
F41
Calculate
monthly
BOM
stock
using
stock
to
sales
ratio
Calculate
the
receipt
dollars
needed
to
achieve
the
BOM
stock.
Calculate
in
L26
10. Department
SPRING February
Sales
%
to
total 15.2%
Last
Year $488.49
Plan $546.82
Sales
%
to
total 16.0%
%
Inc/Dec 11.94%
Revised
Actual
Last
Year 6.2
Plan 6.2
Last
Year $3,028.6
Plan $3,390.28
Revised
Actual
Last
Year $169.90
%
by
Month 12.0%
Plan $219.9
%
by
Month 15.0%
%
to
Sales 40.2%
Revised
Actual
Last
Year $1,068.3
Plan $759.91
Revised
Actual
Retail Cost
Sales $3,209.0 $1,039.7
CMU
% 67.6% 32.4%
LAST
YEAR
SALES
$
STOCK-‐SALES
RATIO
BOM
STOCK
$
(Retail)
MARKDOWNS
$
PURCHASES
$
(Retail)
SEASON
TOTAL
11. Markdown
$ $1,415.9 $458.74
Markdown
% 44.1%
Sales $3,209.0
Cost
of
Sales $1,498.5
Gross
Margin
$ $1,710.6
Gross
Margin
% 53.3%
Average
Stock $3,007.9
Turnover 1.07
Problem
# 1 2 3 4
Item
# Description Image Initial
Markup% Unit
Cost
1
Pointed
toe
sling
back
60.0% $60.00
2 Ballet
flat
56.0% $88.00
3
Pointed
toe
mule
58.0% $63.00
4 Bow
loafer 61.8% $57.30
5
Pointed
toe
flat
with
Buckle
54.0% $69.00
6 Pointed
flat
59.0% $71.75
7
Crystal
pointed
mule
60.5% $59.25
8
Pointed
flat
with
t-‐strap
53.0% $94.00
9
Pointed
toe
sling
baack
with
crystals
54.6% $90.80
10 Loafer 72.0% $42.00
12. TOTAL
PURCHASE
Problem
# 1 2 3 4
Item
# Description Image Initial
Markup% Unit
Cost
1 Blue
boot 60.0% $60.00
2 Silver
boot 56.0% $88.00
3
Orange
boot
58.0% $63.00
4 Red
boot 61.8% $57.30
5 Purple
boot 54.0% $69.00
6 Black
boot 59.0% $71.75
7 White
boot 60.5% $59.25
8 Pink
boot 53.0% $94.00
9
Bright
floral
boot
54.6% $90.80
10
Neutral
floral
boot
72.0% $42.00
TOTAL
PURCHASE
Problem
# 1 2 3 4
Item
# Description Image Initial
Markup% Unit
Cost
1
Black
Open
Toe
Slingback
60.0% $60.00
2
Gold
Sparkly
Open
Toe
Heel
56.0% $88.00
3
Open
Toe
Lace
Up
Bootie
Heel
58.0% $63.00
13. 4
Crystal
Studded
Mule
61.8% $57.30
5
Open
Toe
Cheetah
Mule
54.0% $69.00
6
Snakeskin
Mule
59.0% $71.75
7
Mermaid
Holographic
Platform
Sneakers
60.5% $59.25
8
Lace
Up
Metallic
Sneaker
53.0% $94.00
9
High
Heeled
Military
Combat
Boot
54.6% $90.80
10
High
Heeled
Metallic
Loafer
72.0% $42.00
TOTAL
PURCHASE
27. 24 25 26 27 28 29 30
Balance
Inventory
Available
to
sell Total
Cost Total
Retail Mark
Up
$ Mark
Up
% %
off
sale New
retail
3200 $189,600 $480,000 $290,400 60.5% 15%
off
sale $127.50
1893 $165,484 $378,600 $213,116 56.3% 20%
off
sale $160.00
2350 $147,105 $352,500 $205,395 58.3% 25%
off
sale $112.50
2602 $147,719 $390,300 $242,581 62.2% 15%
off
sale $127.50
1078 $72,657 $161,700 $89,043 55.1% 20%
off
sale $120.00
1240 $88,253 $217,000 $128,748 59.3% 25%
off
sale $131.25
3276 $192,918 $491,400 $298,482 60.7% 15%
off
sale $127.50
1262 $116,748 $252,400 $135,652 53.7% 20%
off
sale $160.00
968 $86,078 $193,600 $107,522 55.5% 25%
off
sale $150.00
2792 $116,844 $396,780 $279,936 70.6% 15%
off
sale $127.50
28. 20661 $1,323,406 $3,314,280 $1,990,874 60.1%
24 25 26 27 28 29 30
Balance
Inventory
Available
to
SellTotal
Cost Total
Retail Mark
Up
$ Mark
Up
% %
off
sale New
retail
3,200
######### $480,000.00 ########### 55.5% 15.0% $127.50
1,293
########### $258,600.00 ########### 45.7% 20.00% $120.00
1,750
########### $262,500.00 ########### 41.6% 25% 112.50$
2,602
########### $390,300.00 ########### 59.3% 20% 120.00$
1,078
########## $161,700.00 ########## 40.4% 15% 127.50$
1,840
########### $322,000.00 ########### 52.1% 20% 140.00$
2,076
########### $311,400.00 ########### 56.2% 25% 112.50$
1,062
########### $212,400.00 ########## 37.2% 20% 160.00$
968
########### $193,600.00 ########## 33.8% 15% 170.00$
2,792
########### $418,800.00 ########### 63.9% 20% 120.00$
18,661
########### $3,011,300.00 ########### 51.3%
24 25 26 27 28
Balance
Inventory
Available
to
sell Total
Cost Total
Retail Mark
Up
$ Mark
Up
% %
off
sale New
retail
2600 $153,600 $390,000 $236,400 60.6% 15.0% $127.50
1893 $165,484 $378,600 $213,116 56.3% 20.0% $160.00
2350 $147,105 $352,500 $205,395 58.3% 25.0% $112.50