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Significance of Item Master Classification in Shoper 9. January 20 10. Objectives. Significance of item master classification Procedure for item master classification Samples of item master classification done for various verticals. Item Master Classification.

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Presentation Transcript
objectives
Objectives
  • Significance of item master classification
  • Procedure for item master classification
  • Samples of item master classification done for various verticals
item master classification
Item Master Classification

Process used to classify items by specifying its attributes like Product, Brand, Size, Style, and so on

Ensures unique identification of an item for any transaction

benefits
Benefits

Proper item master classification helps to:

Improve the operational efficiency which would eventually ease inventory management

View various reports which would enable forecasting

Reorder the stocks on time

Analyse quality reports to identify the strengths and weaknesses to take measures for improving the business

Define promotional schemes (Offers & Discounts) based on various attributes

prerequisites
Prerequisites

Identify the type of business

Single brand (Exclusive)

Multi brand (Inclusive)

Identify the type of store

Single Store

Chain Store

Consignment

item classifications
Item Classifications

Super Classifications

Business/ store deals with more than one segment

Top hierarchy of the item classification

Two Super Classifications

Basic Classifications

Key attributes to arrive at the uniqueness of the items

Five Basic Classifications

Analysis Classifications

Provision to classify the attributes as 32 Analysis codes

Optional

different methods used to create item master
Different Methods used to Create Item Master

Direct entry of item details in item details grid. The steps are:

Select the required fields

Specify the common fields, if any

Enter the item details

Save the details in the item details grid

Copy item details from an MS-Excel sheet and paste it in item details grid. The steps are:

Create an MS-Excel sheet with the same order of data columns as in item details grid of Item Master Entry window

Enter the values for each data column

Copy the details from MS-Excel sheet and paste it in the item details grid

Save the details in the item details grid

best practices
Best Practices

Verify the details in the MS-Excel sheet before copying it

Check whether the information copied from MS-Excel sheet is correctly pasted in the respective data columns in the item details grid

Check whether the values are correct with respect to the data type defined for each data

Make sure that none of the columns is left blank or with null values

sample item master classifications
Sample Item Master Classifications

Apparel

Exclusive Brand Outlets

Multi Brand Outlets (MBO)

Footwear

Exclusive Brand Outlets

Multi Brand Outlets (MBO)

Textile