One Size Does Not Fit All, And That’s Good
Have you ever picked up an inexpensive “one-size-fits-all” item of clothing and wondered what the manufacturer was thinking? There’s no way something that goes on the human body will fit every variation of body style. One-size hats don’t fit all heads, one-size socks don’t fit all feet, and one-size tee shirts certainly are not going to sell well in most places because people don’t wear one size.
Merchandising has to plan for the right spectrum of sizes or a retailer is going to have too much of one size and not enough of another.
Analyze Your Size Performance
There’s really only one way to do size analysis intelligently, and that’s to collect all the historic and real-time  data you can on a product’s performance. In a retail chain, one store may reveal a different pattern of stock-outs than what is seen in another location. It all depends on the people who are shopping in that location.
Add a website and online shoppers to the mix and it gets complicated, but the fact remains: you need all the facts in order to do accurate analysis.
Utilize Your Data Profitably
Once you know what the performance is for a product, utilize the right tools to see the patterns and trends for every size it comes in. ChainDrive retail merchandise planning software has the ability to snap-shot size performance by sifting the data, selecting instances of stock-by-size, and putting them together to see how that size performs in different stores, or different seasons, or whatever is needed.
ChainDrive’s merchandise planning software includes intelligent size analysis because this Integrated Retail Management Solution is a software suite designed by retailers who know that one size cannot possibly fit all the challenges of retail management. It doesn’t work in clothing, and it doesn’t work in software, but ChainDrive retail merchandising software can be customized to fit your business perfectly.