May 5, 2020
Assortment planning in retail involves selecting the collection of products which will be on offer in particular locations and during a specified season. It considers the financial objectives and seasonality of the product selection in a way so that
Efficient assortment planning can only be done with accurate data exchange between you inventory, space allocation and assortment plan. Planograms holds precise data on space allocations and days of supply information of each product. Assortment planning or inventory planning and Planograms both complement each other to help in financial improvement and maximize profitability.