Assortment Planning

Good assortment planning means satisfied customers and targeted investments

Every day, assortment planners deal with complex evaluations and analysis: complementary merchandise lines, available selling space, product positioning on the market (price and target) and visual merchandising strategies.

TXT Assortment Planning helps companies define and replenish the best assortment to trigger sales and maximize ROI

The solution supports planners step by step in the following activities:

• Point-of-sale grading and clustering: grading point-of-sales based on factors such as turnover, display space and target groups
• Assortment planning: allocation of the right product mix across different store classes
• Allocation management: allocation of the right quantities to stores
• Management of best-sellers slow-sellers and replenishment: analysis of sell-out data and dynamic re-planning of assortments based on current sales.

TXT's advanced Visual Merchandising functionality provides a view of assortment plans in 3D, simulating customer experiences at point-of-sale and enabling optimization of selling space with enhanced product displays. Alongside this, aggregated merchandise categories are compiled in the most intuitive way for customers, to trigger buying decisions and enhance cross-selling.

Benefits

• Compose the best product mix to fulfill your customers' needs and promote:
  • Increased sales
  • Lower stocks at point-of-sale
  • Less markdowns
  • Reduced stock-outs and resulting lost sales
• Make the most value out of every store and improve product display effectiveness.
• Reduce planning times and reach the target level of detail (planning at SKU and point-of-sale level)

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