Assortment Optimisation

Retailigence Assortment Optimisation
Retailigence Assortment Optimisation

Should you create assortments at a store or a Cluster level? What is the optimal assortment for each space break? What customer decision tree do your customers follow? Accurately curated assortments can boost toplines immediately and by over 3-4%. RETAILIGENCE has achieved double digit uplift increases in our case studies.

Let RETAILIGENCE create your assortments automatically using Machine Learning highlighting where sales were missed in the past. Let machine learning refine your customer decision trees. Review and apply any business rules you want.

The RETAILIGENCE assortment optimiser can run with or without our space modeler. It can create assortments based on modules of lengths and number of units. It also takes a feed from different demand forecasting engines, external market and competition data etc.

Would you like to critically assess your current process and get insights into what you can do going forward? Take this brief quiz to help you evaluate where you stand in your journey towards a more customer-centric business process.

 

Retailigence Assortment Optimisation

IS YOUR STORE ASSORTMENT SET UP TO BRING CUSTOMERS BACK INTO STORE POST CoVID?

Do you take account of a products true sales potential when considering whether to range it in a given store?
(rather than just historical sales)

Do you use a ‘concentric’ ranging approach with space the only differentiator determining the assortment ?

Do you take account of a products true sales potential when considering whether to range it in a given store?
(rather than just historical sales)

Do you cluster your stores to help define the correct range in each store?

Do you take account of a products true sales potential when considering whether to range it in a given store?
(rather than just historical sales)

Do you use a manual / spreadsheet approach to ranging your stores?

Do you take account of a products true sales potential when considering whether to range it in a given store?
(rather than just historical sales)

Do your assortment tools allow you to adjust the weighting given to sales value versus volume or margin for each category ?

Do you take account of a products true sales potential when considering whether to range it in a given store?
(rather than just historical sales)

Do you take account of a products true sales potential when considering whether to range it in a given store?
(rather than just historical sales)

Do you take account of a products true sales potential when considering whether to range it in a given store?
(rather than just historical sales)

Do you believe your assortments are tailored to meet the different customer needs across your store estate ?

Do you take account of a products true sales potential when considering whether to range it in a given store?
(rather than just historical sales)

Are you able to ensure a complete customer offer across all key options in a category? (e.g. through CDT)

Do you take account of a products true sales potential when considering whether to range it in a given store?
(rather than just historical sales)

Do you use data science to analyse detailed store /sku historical sales baskets to identify correlations and sales patterns when ranging stores?