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Have you ever wondered why stores sometimes have so much inventory left over from certain seasons? Us too! With proper seasonal management practices this should be avoided. Too often retailers
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July 28, 2014 | admin | Assortment Optimization, Category Management

Believe it or not, there are still retailers and manufacturers out there that do not create or maintain planograms. If you are one of them, you’re missing out on a
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July 21, 2014 | Michael | Assortment Optimization, Merchandising, Planograms

One of the many challenges that retailers face on an ongoing basis lies in assessing the right balance of products to present to shoppers. Assortment optimization is how retailers can
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The choice of assortment that is carried for a category (category management) is the largest factor in determining the overall performance achieved for the majority of categories.  Often, there is
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The process that is followed to determine assortment planing and assortment optimization for a retailer can seem like a daunting task but if broken down into a series of steps the
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July 2, 2013 | Micheal O | Assortment Optimization, Merchandising

Managing variety and assortment planning is a key issue for the retail industry.  Poor variety management can result in out-of-stocks, excess inventory, and unsalables. There are a huge number of new
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June 24, 2013 | Micheal O | Assortment Optimization, Merchandising

Planograms are visual merchandising aids provided to stores from the Corporate Office for the most part which communicates an approved merchandising strategy for a particular category. Planograms may be created
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The most impactful information a retailer can share to its suppliers is loyalty data which gives true customer insight into the behaviour, purchasing patterns and demographics of the supplier’s brands and
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November 19, 2012 | Gerald | Assortment Optimization, Data Insights, Merchandising

One key vehicle for a retailer to gain assortment optimization and greater share of the competitive market is through strengthening partnerships with important suppliers to that of strategic partnership.  Strategic
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November 12, 2012 | Gerald | Assortment Optimization, Data Insights, Merchandising

Timing and access to live data is key, especially in seasonal businesses. Seasonal management focuses on the ability to see and understand sales and trends as they happen. Many seasons
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October 22, 2012 | Eila | Assortment Optimization, Data Insights