assortment planning

In the retail industry, two essential processes play a vital role in helping businesses make informed decisions about their product offerings: Assortment Planning and Merchandise Planning. Although the terms are often used interchangeably, they serve unique purposes and have different objectives. In this blog, we will explore the differences between Assortment Planning vs Merchandise Planning, […]

If you’re seeking ways to enhance your product selection and boost sales, understanding the optimal assortment planning process can be incredibly beneficial. But have you ever wondered how retailers decide which items to carry and in what quantities? This decision-making process is rooted in strategic assortment planning. Assortment planning involves selecting which products to offer,

Are you struggling to keep up with ever-changing consumer demands and increasing competition? Do you find yourself overwhelmed by countless options when deciding which products to carry, leaving your shelves filled with slow-moving inventory or missing out on potential sales opportunities? If so, you’re not alone. Many retailers face similar challenges in creating a profitable