Retail buyers have the responsibility of spending an organization’s procurement budget, which can reach the billions for the largest retailers, ahead of their target in-store dates. Generally, buyers will have certain departments or categories they focus on specifically. Retailer buyers, often referred to as Category Managers, are the purchasing professionals within a retail organization, from the likes of Target to Nordstrom to smaller mom-and-pop outfits, who source products from brands and suppliers and choose which products to bring in for resale.

Improve Your Merchandising Management with Surefront PLM Software.

Retail Merchandising Software for In-Store Display (Planogram).

Advancements in Merchandising Management Software.

A Critical Gap in Technology for Retail Buyers.

Buyers at the World’s Largest Retailers.

Product Customization - Differentiating From Retail Competitors.

Here’s the quick navigation guide to the essentials: This article will expand upon the idea of merchandising, shed light on the lack of software tools in the space, and provide you with in-depth insight into the world of the retail buyer and their immense responsibility to their organizations. The merchandising management process addresses all initiatives to purchase products, manage retail inventory, distribute products, and finalize financial agreements (purchase orders) with suppliers. Not often discussed is the upstream process of merchandising that considers how retailers procure products and deal with their suppliers. Though this is the conventional definition of “retail merchandising,” there’s a whole lot more that goes on before products hit the shelves.

Retail merchandising includes activities and strategies such as in-store design, the selection of specific merchandise to match a target market, and the physical and digital marketing of merchandise to customers.”

defines merchandising as, “a strategy that contributes to the sale of goods by enticing customers to make a purchase (examples include promotional deals and discounting methods).” They go on to explain, “Retail merchandising attracts customers to particular goods and services in various ways. Merchandising is a critical capability for retailers, but the full definition of merchandising, and all it entails, is less than common knowledge. Updated September 2021 - New Bonus Section: Improve Your Merchandising Management with Surefront PLM Software

Open source planogram software