What is 'fixed allocation of initial buy' in SAP IS-R - SAP for Retail?

fixed allocation of initial buy - Overview

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail New merchandise that is procured from a capacity standpoint. The planned quantities are fixed and unchangeable as they are based on the capacity available in the store.

fixed allocation of initial buy - Details

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  Key Concepts: 
  Fixed allocation of initial buy is a feature of the IS-R SAP for Retail system. It allows retailers to allocate a fixed amount of stock to each store in their network, based on the store's sales history and other factors. This helps retailers ensure that each store has enough stock to meet customer demand. 
  
  How to use it: 
  To use the fixed allocation of initial buy feature, retailers must first set up the system with the desired parameters. This includes setting the amount of stock to be allocated to each store, as well as any other criteria that should be taken into account when making the allocations. Once the system is set up, it will automatically allocate the desired amount of stock to each store based on the parameters set. 
  
  Tips & Tricks: 
  When setting up the fixed allocation of initial buy feature, it is important to consider all relevant factors when determining how much stock should be allocated to each store. This includes sales history, customer demand, and any other factors that may affect how much stock is needed in each store. Additionally, retailers should regularly review and adjust their parameters as needed in order to ensure that each store has enough stock to meet customer demand. 
  
  Related Information: 
  The fixed allocation of initial buy feature is just one of many features