Merchandise Classification Strategies: The University Hierarchy – A Tool to Improve Your Top & Bottom Lines
This webinar intorduces the Universal Hierarchy, an industry-wide classification system for General Merchandise & Course Materials that allows for a more granular categorization of merchandise; which can result in higher quality, more actionable data. Several ICBA stores already have started using the Universal Hierarchy to improve their top and bottom lines.
Migrating to a new Hierarchy, however, is not a simple choice - it requires a store-wide commitment to the initiative and a close partnership with your POS provider. To help identify the benefits of re-thinking your merchandise classifications and to better acquaint you with the Universal Hierarchy, this webinar will:
Explain the Universal Hierarchy and its associated item attributes
Outline the benefits of the new system
Review what decisions need to be made in order to ensure a successful migration
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