Implementing a merchandise plan

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Implementing a Merchandise Plan

Implementing a merchandising plan is an eight-step process beginning with gathering information and ending with a re-evaluation process. create a 300-400 word response discussing the following:

Discuss the importance of each step and the potential drawback of problems occurring at each step of the process.

During the negotiation step, discuss how a retailer can gain better terms from suppliers by increasing their negotiation power.

Analyze why strong inventory management is crucial to the proper implementation of the merchandising plan.

Reference no: EM131246743

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