Efficient Assortment: A Step-by-Step Process

Course Overview Efficient assortment is the analytical process that fits within product assortment, and within the category management framework. It is an enabler to the other steps within the category management plan. Participants learn about retailer assortment strategies, and the importance of understanding these strategies before moving into any type of assortment work, then learn the steps course time a manual assortment project, which will give them foundation from which they can either build their own assortment capabilities or better understand the assortment tools being used in their own organization. In this course, basic and intermediate techniques of assortment analytics are reviewed. Learning Objectives Explain the efficient assortment process; Describe the different retailer strategies and other considerations that need to be understood prior to completing an assortment analysis; Explain the difference between variety and duplication of items; Describe how market coverag