Please find summary of our discussion yesterday
1. Ending stock Rolling plan + 153 MB
- Missed sales by 82 MB 1-25 Aug
- Intake lower than plan by 36 MB duirng 1-25 Aug
- Big chunk of incremental stock of 112 MB came from
# Promotion 3M with 40 MB ordering. SCM already cut order amount to 20 MB but as buyer confirm that we need to order according to supplier ready display. Then PO of 40 MB have been placed.
# New POG 7 - POG 8 total 53 MB. Most of them are POG that delay from May - Jun. POG 8.3 and POG 8.4 already move to next month. About 32 MB will impact to next month intake plan.
# Remaining of Knife 19 MB. We have plan to get rid of them by end of Aug.
2. Over stock about 150 MB as of 26 Aug detai by dept as below :
- Houseware + 65 MB (including Knife 19 MB.)
- Home Decor' + 63 MB
- Recreation + 13 MB
- Home Imp + 52 MB
- Stationery + 7 MB
3. Promotion
Some SKU add in promotion few days before promotion start .
Such as News paper during 22-28 Aug 6 SKU from 17 SKU have been added just 5 days before promotion start.
Anyway buyer confirm that stock are available at all stores no additional order need.
4. Direct sales remaing stock : Under control
5. Store manual order : Under control
6. Adjust supplier order day : All data are ready to update, still working with MIS to finish file upload format. It's should be done by this week.
7. DC aging over 60 days already moved from DC to store by 10 MB with promotion support.
8. Import SKU OOS at DC but still active reduce from 42 SKU in last 2 weeks to 5 SKU on yesterday. But this morning situation came back to 18 SKU, we are working with buyer to fix it.
9. We have Markdown stock 74 MB and RTV 2.5 MB on process to be cleaned.