Simply put, the strategies for inventory assortment are meant to help business owners understand the what, where, when, who, and how much of sales. Several factors require a retailer to change their assortment, including seasons (the fall Assortment planning is used to help retailers determine how their shoppers will interact with the product. If you don’t have the right product in the right place at the right time your customers often won’t wait. Assortment planning software will support you in making key assortment and assortment-related decisions, such as: Store and channel clustering Traditionally, product assortment is an intricate, time-consuming process that includes numerous variables. It takes into account different levels of expertise and shows you the recommended order of study. Assortment planning is about using data to guide the creative process. Using our AGR Retail Assortment Planning Solution, you can customize your assortments from the start and reap the benefits. Retail Planning Software . Customer Centric Assortment Planning Accommodate local customer demand by customizing assortment on a more granular level, for a store cluster or at store level. Carry what your customers want, where they want it based on predictive analytic and machine learning software. Assortment Planning - Mi9 Retail Mi9 Assortment Planning guides users through the process of creating localized assortments based on financial objectives. Combining business intelligence, simulation, and performance management capabilities in one platform, Board transforms fashion retail planning … Fashion retailers engage in assortment planning because they need to periodically revise their assortment. Meet strategic objectives based on the relationships between customers, products and locations. Assortment Planning Software "Assortment planning technology can sift through multiple options to generate plans based on product hierarchy or product attribute, such as theme, collection, floor set plans, or promotions," states assortment planning software executive Wayne Usie in … Omni-channel retailers and fashion brands need sales forecasting software that empowers quick response to supply chain disruptions with fast, data-driven decisions. Faced with an unpredictable market, new sources of competition, and tightening margins, fashion and luxury retailers are under increasing pressure to meet customer demands while remaining profitable. Unify strategy, finance, and operations with retail planning and analytics software. Benefits Offered by JDA Enterprise Planning Software. Incorporate external and unstructured information to determine the most competitive offering. Armed with the basic SAP MAP knowledge competency level 1, you can start implementing this knowledge in a customer project when shadowed or coached by an experrienced SAP MAP consultant. And yet having too much stock on hand means you’ll be forced to mark stock down in order to sell it, reducing your margins. Due to this apparent importance assortment planning receives a high priority from retailers, software suppliers, and retail industry consultants. Range Optimization Software Range Planner is a category management software application to manage product range assortment, which transforms complex analytical retail range review projects, into actionable insights in a fraction of the time normally taken. Assortment Planning Using cutting edge retail science, advanced analytics, and artificial intelligence, Retalon’s software analyzes your assortment to make real, actionable recommendations. Retail analytics software Successful Assortment Planning. The SAP Merchandise and Assortment Planning Curriculum helps you to find the right coursework and self-study training to prepare you for your SAP MAP implementation projects. She has led cross-functional teams in large-scale implementation projects touching different aspects of Retail Management, including Product Lifecycle Management, Category Planning, Assortment Localization, Demand Planning, Size Optimization, Promotion Planning, Allocation & Replenishment, Markdown Optimization, and Supply Chain Management. This ensures that all of your assortment planning decisions are based on data and accurate forecasts — giving you a major leg up on the competition. Finding the right brands, colors, styles and sizes in stock should be about more than just good luck and timing. Assortment plans both identify the types of products, including range of styles, colors and sizes, that align with customer preferences and seasonal needs, and offer step-by-step processes to bring in-demand merchandise onto the shelves in the right stores in the right amounts. Aptos Assortment Planning, a consistent leader on Gartner’s Magic Quadrant for Retail Assortment Management Applications, empowers your planners to optimize your entire assortments, from stores and clusters to customers and segments, throughout the entire item lifecycle. From building assortments to automating PO's, Jeta's Assortment solution does it … Oracle’s platform for modern retail planning combines advanced retail analytics, embedded AI, and machine learning, as well as the essential attributes from both product and customer to create assortments that sell through at initial price. 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