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Building your plan - 7.1 When should I use an External Factor?

Written by Stephen Wood

Use an External Factor when you need to reflect things like:

  • Changes in store estate (e.g. new store openings, closures)

  • Category or consumer trends (growth or decline independent of your plan)

  • External events or conditions (e.g. weather differences, economic shifts)

  • Operational constraints (e.g. supply disruption, factory downtime)

  • Regulatory or structural changes (e.g. sugar taxes, legislation)

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