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© Tally Solutions Pvt. Ltd. All Rights Reserved 1 Significance of Item Master Classification in Shoper 9 January 2010.

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Presentation on theme: "© Tally Solutions Pvt. Ltd. All Rights Reserved 1 Significance of Item Master Classification in Shoper 9 January 2010."— Presentation transcript:

1 © Tally Solutions Pvt. Ltd. All Rights Reserved 1 Significance of Item Master Classification in Shoper 9 January 2010

2 © Tally Solutions Pvt. Ltd. All Rights Reserved 2 Objectives  Significance of item master classification  Procedure for item master classification  Samples of item master classification done for various verticals

3 © Tally Solutions Pvt. Ltd. All Rights Reserved 3 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

4 © Tally Solutions Pvt. Ltd. All Rights Reserved 4 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

5 © Tally Solutions Pvt. Ltd. All Rights Reserved 5 Prerequisites  Identify the type of business o Single brand (Exclusive) o Multi brand (Inclusive)  Identify the type of store o Single Store o Chain Store o Consignment

6 © Tally Solutions Pvt. Ltd. All Rights Reserved 6 Item Classifications  Super Classifications o Business/ store deals with more than one segment o Top hierarchy of the item classification o Two Super Classifications  Basic Classifications o Key attributes to arrive at the uniqueness of the items o Five Basic Classifications  Analysis Classifications o Provision to classify the attributes as 32 Analysis codes o Optional

7 © Tally Solutions Pvt. Ltd. All Rights Reserved 7 Different Methods used to Create Item Master  Direct entry of item details in item details grid. The steps are: o Select the required fields o Specify the common fields, if any o Enter the item details o 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: o Create an MS-Excel sheet with the same order of data columns as in item details grid of Item Master Entry window o Enter the values for each data column o Copy the details from MS-Excel sheet and paste it in the item details grid o Save the details in the item details grid

8 © Tally Solutions Pvt. Ltd. All Rights Reserved 8 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

9 © Tally Solutions Pvt. Ltd. All Rights Reserved 9 Sample Item Master Classifications  Apparel o Exclusive Brand Outlets o Multi Brand Outlets (MBO)  Footwear o Exclusive Brand Outlets o Multi Brand Outlets (MBO)  Textile

10 © Tally Solutions Pvt. Ltd. All Rights Reserved 10 Apparels – Exclusive Brand Outlet Apparel – Garments Exclusive Branded Stores Super Classification 2 LevelsNomenclatureExample Item Super Classification 1 CaptionGenderMale Item Super Classification 2 CaptionNANa Basic Classification 5 level Item Classification 1 CaptionProductShirt Item Classification 2 CaptionBrandLouis Philip Item Sub Classification 1 CaptionStyleSHLP001 Item Sub Classification 2 CaptionColorBlue Item Size / Pack / UOM CaptionSize40 Analysis Classification 32 Levels Item Analysis Code 1 CaptionStylingChecks Item Analysis Code 2 CaptionFabricCotton Item Analysis Code 3 CaptionTypeChinese Collar Item Analysis Code 4 Caption Item Analysis Code 5 Caption Item Analysis Code 6 Caption Item Analysis Code 32 Caption LSQ Least Salable Qty 1

11 © Tally Solutions Pvt. Ltd. All Rights Reserved 11 Apparels – MBO (Multi Brand Outlet) Apparel – Garments Exclusive Branded Stores Super Classification 2 LevelsNomenclatureExample Item Super Classification 1 CaptionGenderMale Item Super Classification 2 CaptionNANa Basic Classification 5 level Item Classification 1 CaptionProductShirt Item Classification 2 CaptionVendorMadura Garment Item Sub Classification 1 CaptionStyleSHLP001 Item Sub Classification 2 CaptionColorBlue Item Size / Pack / UOM CaptionSize40 Analysis Classification 32 Levels Item Analysis Code 1 CaptionStylingChecks Item Analysis Code 2 CaptionFabricCotton Item Analysis Code 3 CaptionTypeChinese Collar Item Analysis Code 4 CaptionBrandLouis Philip Item Analysis Code 5 Caption Item Analysis Code 6 Caption Item Analysis Code 32 Caption LSQ Least Salable Qty 1

12 © Tally Solutions Pvt. Ltd. All Rights Reserved 12 Footwear – Exclusive Brand Outlet Apparel – Garments Exclusive Branded Stores Super Classification 2 LevelsNomenclatureExample Item Super Classification 1 CaptionGenderMens Wear Item Super Classification 2 CaptionNANa Basic Classification 5 level Item Classification 1 CaptionDivisionShoes Item Classification 2 CaptionSportsTennis Item Sub Classification 1 CaptionArticle No019a001 Item Sub Classification 2 CaptionColorWhite Item Size / Pack / UOM CaptionSize10 Analysis Classification 32 Levels Item Analysis Code 1 CaptionImported/LocalImported Item Analysis Code 2 CaptionPrice PointAPP Item Analysis Code 3 CaptionProduct Type14 Item Analysis Code 4 CaptionSeason20031-Men Item Analysis Code 5 CaptionBrand13 Item Analysis Code 6 Caption Item Analysis Code 32 Caption LSQ Least Salable Qty 1

13 © Tally Solutions Pvt. Ltd. All Rights Reserved 13 Footwear – MBO (Multi Brand Outlet) Apparel – Garments Exclusive Branded Stores Super Classification 2 LevelsNomenclatureExample Item Super Classification 1 CaptionGenderMale Item Super Classification 2 CaptionNANa Basic Classification 5 level Item Classification 1 CaptionProductSandal Item Classification 2 CaptionVendorRam Brother Item Sub Classification 1 CaptionArticle NoSD001 Item Sub Classification 2 CaptionColorBrown Item Size / Pack / UOM CaptionSize9 Analysis Classification 32 Levels Item Analysis Code 1 CaptionSoleLeather Item Analysis Code 2 CaptionPrice Item Analysis Code 3 CaptionBradLee Cooper Item Analysis Code 4 Caption Item Analysis Code 5 Caption Item Analysis Code 6 Caption Item Analysis Code 32 Caption LSQ Least Salable Qty 1

14 © Tally Solutions Pvt. Ltd. All Rights Reserved 14 Textiles Apparel – Garments Exclusive Branded Stores Super Classification 2 LevelsNomenclatureExample Item Super Classification 1 CaptionGroupRaymond Item Super Classification 2 CaptionCategorySuiting Basic Classification 5 level Item Classification 1 CaptionProduct10 - Suiting Item Classification 2 CaptionBrand140 Item Sub Classification 1 CaptionQuality Item Sub Classification 2 CaptionShade104 Item Size / Pack / UOM CaptionSize00 Analysis Classification 32 Levels Item Analysis Code 1 CaptionShade CodePV0 Item Analysis Code 2 CaptionBlendGrey Light Item Analysis Code 3 CaptionStylingMicro Item Analysis Code 4 CaptionMaterialCotton Item Analysis Code 5 Caption Type Formal Item Analysis Code 6 Caption Item Analysis code 32 Caption LSQ Least Salable Qty 0.05

15 © Tally Solutions Pvt. Ltd. All Rights Reserved 15 Questions & Answers

16 © Tally Solutions Pvt. Ltd. All Rights Reserved 16 Thank You


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