I can offer the best FC / ELC to KOHL'S and set the reasonable margin for vendors
[SOAR CHART]
I will add Fabric Cut width, a matching condition, and more specific trim costs in the SOAR for the correct Costing analysis.
My goal is to check the FC/ELC more specifically to analyze the cost.
[FABRIC PRICE]
Fabric price is a sensitive response to the Oil, cotton, and electricity price index.
During Covid-19, purchasing the fabric at a higher price was acceptable.
But after COVID-19, many indexes are getting stable.
Are we getting decreased fabric PX?
[IMU & Vendor margin Plan]
The retail price is changed to format $ XX.99.
Lowering retail prices will promote better sales, but KOHL'S Margin will be lower than before.
Therefore, we need a thorough costing analysis. I'm not saying we need to squeeze the vendor's margin.
But I will check that vendors take a 'reasonable' margin as a KOHL's Partner.