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Closeout Management - Identify
IMPORTANT: Your system must be on Eagle Level 29.0 or higher and have the MANGOAPI integration enabled to use these steps below. Instructions for Eagle Level 28.1 and lower are at the very bottom.
Step 1: Set Obsolete SKUs to be Closeout Managed
Select SKUs from the Closeout Management Grid to be included in next month's closeout promotion file.
Locate the Closeout Management Grid
Header Button Definitions
Checkbox Selection Options
Examples for each selection option
Select an action for each SKU
Advanced Users
Using Closeout Management before a reset or remodel has become a popular tool to get unwanted inventory out of the store without it ending up in a green tote in the back room. In the COM grid you'll find an Add SKU Button and clicking this will display a free form grid. You can copy and paste up to 250 SKUs at a time and select 1 of the 4 options for each SKU. A word of caution, adding a large number of SKUs to COM will create extra label maintenance and can have a negative impact to store image.
This is a crucial step to attracting attention to the closeout items in the aisle. Stores hanging BOTH red bin labels and shelf talkers are seeing twice the sales on their closeout SKUs.
Order Red Bin Tags - RSC SKUs
Order Shelf Talkers - Marketing Muscle
----ALTERNATIVE OPTION FOR SHELF TALKER----
Paper: Bright Red Paper (it actually looks pinkish but stands out well) Cutter: Guillotine Paper Cutter Template: Closeout Shelf Talker PDF
Check MANGOAPI status
SKU: Item Number
Start COM: Selecting this sets Location 2 = MDR and Store Closeout Flag = Yes
Exclude COM SC = Y: Selecting this sets Location 2 = XDR and Store Closeout Flag = Yes
Exclude COM SC = N: Selecting this sets Location 2 = XDR and Store Closeout Flag = No
No Change: Selecting this does nothing to the SKU
Description: Product Description from Eagle system
Loc: Primary Location of the SKU
Loc2: Secondary location of the SKU
QOH: Quantity on Hand
Last Sale: Date of Last Sale
Retail: Retail value
Last Physical: Date of Last PIP / Count
Store Closeout: Current Store Closeout Flag in your Eagle system