Solutions / Retail Solutions / Optimization Services

Outsourced Services

All retailers and manufacturers should take advantage of optimization services given the minimal resource requirements and the immediate and substantial benefits.

Dr. Saman Hong
VP Analytics & Optimization Solutions
7thOnline, Inc.

Intelligent Seeding through 7thOnline Optimization Services

Many merchandising decisions are data-driven, yet the sheer volume and complexity of the data prohibits merchants from effectively utilizing it. With 7thOnline Optimization Services, merchants can translate otherwise unwieldy data into actionable recommendations that provide maximum profit potential.

7thOnline's proprietary optimization algorithms and services are at the forefront of optimization technology for the retail industry.

Our optimization solutions have been built with the flexibility to account for each of our client's specific business process requirements. Custom optimization services are also available.

GMROI Optimization: Determines the profit-maximizing allocation of financial plans to match assortment planning levels across various categories of merchandise (e.g. fashion, basics, key items, etc.)

Assortment Optimization: Recommends the SKU breadth and depth by store as well as the recommended distribution to stores for products with certain attributes to best match the store assortment with local demand.

Size Optimization: Recommends size profiles for open stock, pack configurations for pre-packs, and distribution of open stock and pre-packs to stores to minimize lost sales due to early size breaks without increasing inventory.

Space Optimization: Recommends allocation of floor space to each merchandise category to maximize sales and profit contribution per square foot from each store.

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Corporate Headquarters: 24 W 40th Street, 11th Floor New York NY 10018 Tel: 800.775.7571 212.997.1717 Fax: 212.997.1133 sales@7thonline.com support@7thonline.com info@7thonline.com
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Optimization Services