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The Data Ventures Assortment Solution helps our clients determine which products:
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Enhance the shopper experience and maximize profitability |
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Should be carried in which stores |
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Warrant more space in store |
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Should sit next to other products |
Our Assortment Solution Suite includes the following tools:
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Out of Stock / Shelf |
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Store Clustering |
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Assortment & Space Allocation |
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New Product Introduction Effectiveness |
Highlights
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Highly Shopper-centric and founded on Shopper purchasing behavior and product loyalty |
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analytics. As a result: |
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- Optimal product assortments can be identified and tailored for each product category |
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- In each distinct Store Cluster |
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- In each specific geography |
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- New Product "winners" and "losers" can be quickly and accurately identified |
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- Overall and specifc product availability will improve |
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This solution is also easy to understand and implement |
Benefits
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Improved overall cateogry sales and profit through reduced Out of Stocks / Shelf |
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Improved Supply Chain management |
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- Lower inventory carrying costs and stocking costs |
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Tailored/differentiated consumer shopping experience |
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Increased Shopper satisfaction and long term loyalty |
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