The assortment challenge is formidable. Excess inventory increases markdowns and lowers the inventory turns. Stockouts produce loss of sales and dissatisfied customers. Neither excess inventory nor stockouts are desired and both carry a hefty penalty. The objective of any retailer is to optimize assortment in each store, per category and per SKU. Studies suggest that assortment optimization can increase sales between 7-15% . But how can this objective be achieved?
ANALYTIKA has created a holistic Assortment Solution that integrates customers insights, product and
categories affinity, consumer switching behavior, basket driver, pricing and KVI analysis plus store
ASSORTOR™ a comprehensive tool. Shelf space management is increasingly being analyzed with
respect to the financial impact of different assortments, the specific preferences of shoppers
in the store area, and the likely responses to pricing and promotions .
Assortment planning requires rigorous analysis of different store clusters, the price sensitive items (KVI´s), products and categories cross-effects and the effect of delisting and out of stock in high valued basket buyers.
ASSORTOR™ can help you increase profits, by defining the best combination of depth and breadth of
ASSORTOR™ Our Solution of ASSORTMENT ANALYTICS
ASSORTOR™ optimizes assortment by considering all factors that affect optimal assortment. The result: reduce stockouts and inventory for optimum sales and bottom line results.
ASSORTOR™ is a SaaS (Software as a Service) application, so it requires no user installation, software and mathematical models management. Once information is uploaded, simulations begin and results displayed. Contact us for a free demo >