Planning Solutions
Assortment Planning
In retail, assortment planning is the art of curating a product range across channels, selecting items based on attributes like brands, color, and size to meet customer demand and align with merchandising goals. This process drives customer satisfaction, boosts sales, and optimizes inventory investments.
Assortment Planning
Bluesky’s Assortment Planning solution comes with a straight-forward, industry best practice embedded process that is simple and efficient. Sales forecast, corporate financial targets, actual sales/inventory data are all seamlessly integrated to enable your team to make the most informed decisions and to ensure the alignment of their goals.
The solution provides the ability to plan per location cluster and can recommend the right number of assorted items based on the set objectives to prevent over and under assortment. Its analytics capability also allow users to fully understand in real-time the effects of their plans based on customer segmentation and the relation between assorted items. As a result, assortments are built to create maximized revenue with an optimized number of products at the right mix of attributes that matches the constantly evolving customer demands. Our assortment planning solution also offers in-season planning that helps your organization to maintain the highest level of proactivity and agility, in order to grab every customer engaging opportunity and to remain competitive in the challenging environment nowadays.
Problems Solved
- Missing corporate financial targets on sales, margin and return on investment
- Lengthy, inefficient assortment building process
- Over- and under-assorted product categories
- Disengaging customers due to unattrative and untargeted assortments
- Lack of understanding on relations between assorted items (demand transference, halo effect, cannibalization etc.)
Relevant Roles
- Merchants
- Planners
- Buyers