ICORP GROUP · INSIGHTS
Year-Round Merchandise Programs: Ongoing Stock, Withdrawals and Delivery
Many organizations start with the order of the premium once, but when there are several campaigns. Many branches or there are a breakthrough used throughout the year. Merchandise work will begin to become an Operation system that needs to manage both goods, stores, breakthrough and delivery. Not only production, completion, and completion of the project.
Start with the product category division.
It should be separated by regular products, products by season, products for events and VIP because each group has different use and lead time. The regular products should have a Plenishment plan. While the campaign-based products may be produced by specific cycles of activities.
SKU and product information as the basis.
As product counts grow, define clear SKU codes, product names, variants, sizes, colors and packaging details. This gives the inventory team and requesting teams a common data set and reduces picking errors caused by inconsistent names.
Stock Balance is reliable
The decision whether to increase or not production depends on the balance sheet. If the receipt and break-out are not recorded consistently, the organization may produce both Stock-out and Overstock together in each individual list.
Replenishment should be linked to Usage and Lead Time.
The set of the stock filling points should see the actual rate of use and time it takes to produce or supply. If Custom product takes several weeks, you need to start order in advance near the center and may require a Buffer for the Campaign range that is used more than usual.
Defining the method of approval of clear bicking.
Some organizations provide each agency with direct pickup. Some need to pass through Marketing or Admin, identify the recipients and the information to be sent, such as Purpose, Quantity, Destination and Required Date. It makes Picking/Packing preparation more systematic.
Fulfillment helps reduce homework
When requests are many, the collection of goods, the arrangement of sets, labels and the delivery of multiple destinations will take a lot of time within the team. Outsource fulfillment can help the main team focus on Campaign and Brand Management while the Operation tasks are managed according to the process specified.
Reporting to answer business questions
Useful reports should help answer what is fast. What stocks, which items should be added to production and which campaigns most use the product. This information allows the next year to set the Product Mix and Budget more accurately.
Flow suitable for continued projects
Plan → Produce / Source → Receive → Store → Request → Pick & Pack → Dispatch → Update Stock → Replenish
ICORP connects Corporate Merchandise, Inventory & Stock Management and Warehousing & Fulfillment for organizations that need continuous product care more than one-time production and delivery.
