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Assortment Planning
Every retailer is challenged with how to effectively plan and execute unique store-level assortments that match local consumer demand. In order to determine the styles, colors, and sizes of merchandise to deliver to each store for each delivery period, retailers must consider financial and strategic objectives, historical performance, local demographics, market trends, and many other factors. In apparel, footwear, and accessories, the process is further complicated by the short life cycle nature of the merchandise.
7thOnline Assortment Planning provides an intelligent platform to coordinate, analyze, and share this dynamic information in real-time and to translate it into actionable decision making. The solutions begin with top-down planning and culminate in bulk order placement, with built-in optimization engines for clustering, sizing, and assortment breadth and depth. Management has complete visibility into all planning activity to ensure that plans are aligned with corporate objectives and to react to opportunities and challenges as they arise.
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