Size ratios are a fundamental concept in merchandising that helps determine how many items of each size should be stocked in a store or warehouse. It's like a recipe that tells retailers what quantity of small, medium, large, and other sizes they should order based on their customer buying patterns. For example, a store might know they typically sell more medium sizes than extra small or extra large. Using size ratios helps prevent situations where you run out of popular sizes while having too many less-common sizes left over.
Optimized inventory levels by analyzing and adjusting Size Ratios across multiple store locations
Developed new Size Ratio strategies that reduced excess inventory by 25%
Trained junior buyers on implementing Size Break calculations for seasonal merchandise
Managed Size Distribution planning for women's apparel department
Typical job title: "Merchandising Planners"
Also try searching for:
Q: How would you adjust size ratios when expanding into a new market?
Expected Answer: A senior planner should discuss analyzing demographic data, reviewing historical sales in similar markets, conducting customer research, and implementing a testing strategy before full rollout.
Q: How do you handle size ratio planning for multiple store clusters?
Expected Answer: Should explain how to segment stores based on customer demographics, sales patterns, and location characteristics, then customize size ratios accordingly.
Q: What factors do you consider when setting initial size ratios for a new product?
Expected Answer: Should mention historical sales data, customer demographics, similar product performance, and seasonal variations.
Q: How do you identify and correct size ratio problems in current inventory?
Expected Answer: Should discuss analyzing sell-through rates by size, identifying stock-outs versus overstock situations, and making data-driven adjustments.
Q: What is a size ratio and why is it important?
Expected Answer: Should explain that size ratios determine how many pieces of each size to stock based on customer demand, helping prevent stockouts of popular sizes.
Q: How do you calculate basic size ratio distributions?
Expected Answer: Should be able to explain how to use historical sales data to determine what percentage of each size typically sells in a given category.