Oracle Retail Assortment Planning and Size Profile Optimization
Align Your Assortment to Meet Customer Demand
Align your assortment to meet demand, maximizing opportunities, improving margins, and increasing customer satisfaction.
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Overview
- Clusters stores based on performance and space metrics and/or customer-defined attributes
- Defines cross-channel customer-focused assortment strategies by key attributes and incorporates space constraints and item lifecycles
- Creates item lifecycle plans and provides in-season management of the lifecycle plan
- Plans optimal assortment width to achieve assortment strategies and dynamically creates and manages items and attributes
- Determines assortment and buy quantities by channel, store or store cluster
Benefits
- Localized customer-centric assortments aligned to assortment strategies
- Reduced out of stocks/out of sizes
- Improved inventory turnover
- Reduced markdowns and improved margins
- Cleaner seasonal transitions and fresher merchandise in the stores
More About Oracle Retail Merchandise Planning and Optimization
Increase your revenue and margin by enabling cross-channel planning and collaboration, providing insights into customer demand and offering executable recommendations to optimize profitability.
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