Overview
This one-day course, designed for merchandising assistants, gives you an introduction to the WSSI (Weekly Sales, Stock and Intake), the most used fashion retail intake, sales and stock control system. The system is used by retail companies to plan, monitor and optimise sales and stock on a weekly basis.
You’ll use interactive WSSI examples and exercises to get practical experience in using the platform. We’ll show you how the WSSI works and what you’d use it for on a daily basis, as well as teach you about the principles of allocation, replenishment and markdowns. You’ll complete simulated exercises to practice putting your theoretical knowledge into action.
By the end of the course, you’ll have developed a good understanding of the WSSI sales and stock management tool, and the detail behind the formulas. You’ll have tried different scenarios and understand the changes that are happening to the WSSI.
Course Details
Course duration: 1 day
Fees: £180
Materials: A laptop with a desktop version of Microsoft Excel.
Suitable For:
- Minimum age 18+
- A basic understanding of the WSSI or other stock management tools will be helpful.
- To get the most from this course you should be competent in Excel and have a good level of maths.
- All of our courses are taught in English, so a good level of English is required to participate.
The course includes:
- Why the WSSI is important
- The role of the WSSI within fashion management
- How the WSSI works on a day-to-day basis
- What OTB (Open To Buy, an inventory management strategy) is and why it is crucial for any retail business
- Allocation, opening and closing stock, replenishment and markdowns
- Simulation exercises
You’ll receive a Certificate of Attendance.
dates
28/02/25, Friday, 10:00-17:00, 1 day
Claire Morris has years of experience in merchandise planning, working with products ranging from clothing to homewares. She has become a specialist in optimising spreadsheets and systems to support efficient, high-quality sales, profit and stock planning. She has worked with many well-known retail brands (such as Ernest Jones and Fenwick) and continues to consult for retailers globally.
ENQUIRE ABOUT GROUP BOOKINGS
If you'd like to book places for a number of employees on one of our short courses, please call us on 0207 307 2350 or click to send us an email.
The skills mapping exercise is must and provides invaluable data. This helped us have a truly bespoke programme at Paul Smith.
Alexis, Head of Human Resources, Paul Smith