Template Project for Buying Season

Template Project for Buying Season in Priority Matrix

Streamline your buying process for the famed fashion season with this robust project template.

You can start using Template Project for Buying Season or other Wholesale-Buying Project Templates with Priority Matrix in just a few steps:

1. Click to sign in or create an account in the system
2. Start adding your items to the matrix
3. If you prefer to use the Mac and Windows app download Priority Matrix and take your data with you

If you have any questions and you can't find the answer in our knowledge base, don't hesitate to contact us for help.

Proposed Tasks

High Impact, Urgent

• Analyze Supplier Catalogs
  Review supplier catalogs to identify potential products that align with the fashion trends and the target market. Make notes and highlight key items for further evaluation.
• Research Fashion Trends
  Stay up-to-date with the latest fashion trends by following fashion shows, magazines, and influencers. Create a trend analysis report with insights and recommendations for the buying season.

High Impact, Not Urgent

• Create Buying Budget
  Calculate the budget for the buying season considering factors such as previous sales performance, market trends, and expected revenue. Allocate budget to different product categories and establish a framework for decision-making.
• Evaluate Supplier Quality
  Assess the quality of suppliers based on their reputation, product quality, and adherence to ethical standards. Maintain a rating system to differentiate between high-quality and low-quality suppliers.
• Negotiate Contracts
  Negotiate contracts with suppliers to secure favorable terms and conditions. Ensure that contracts cover pricing, payment terms, delivery schedules, and return policies.

Low Impact, Urgent

• Coordinate Sample Reviews
  Coordinate the review of product samples received from suppliers. Involve relevant team members in the review process, provide feedback to suppliers, and make decisions on product selection.
• Plan Buying Trips
  Schedule and plan buying trips to visit suppliers and attend trade shows. Create an itinerary, book travel arrangements, and prepare a checklist of items to be reviewed during the trips.
• Prepare Order Forms
  Create order forms with all necessary details for placing orders with suppliers. Include product codes, quantities, sizes, color options, and any special instructions.
• Update Product Database
  Update the product database with new items and relevant information such as pricing, inventory levels, and product descriptions. Ensure accuracy and consistency of data.

Low Impact, Not Urgent

• Coordinate Delivery Logistics
  Coordinate the logistics of product delivery from suppliers to the warehouse or retail locations. Ensure timely delivery, resolve any transportation issues, and update relevant stakeholders on delivery status.
• Evaluate Buying Season Performance
  Evaluate the performance of the buying season based on sales data, customer feedback, and overall business objectives. Identify areas for improvement and lessons learned for future buying seasons.
• Monitor Inventory Levels
  Track inventory levels and analyze sales data to determine product demand and stock replenishment needs. Take appropriate actions to avoid stockouts or excess inventory.
• Share Insights with Team
  Communicate key insights, trends, and recommendations with the buying team and other relevant stakeholders. Facilitate discussions and brainstorming sessions to align strategies and drive decision-making.