Learn about the top 10 must haves for assortment planning based on best practice. The Top 10 Must Haves for Assortment Planning Guide from Mi9 Retail has tips on how to improve your assortment planning process.
You will learn the best practices on how to:
- Build customer-centric assortments through data-driven store clustering/grading. Store clustering is the backbone of assortment planning, and our solution offers dynamic clustering across time which enables retailers to shift the mix of stores across clusters based on seasonality or market growth/decline trends.
- Manage pre-season assortment planning functions and in-season item planning strategies. At Mi9 Retail, we provide in-season management of assortments to avoid having to sell through old inventory when attempting to deliver new and fresh inventory. This leads to increased value per unit and higher margins.
- Handle multiple currencies, VAT and price exception strategies. This functionality is key for supporting expansion into multiple countries and currencies. It accounts for tax differences between Europe, Asia and North America related to ticketing products and services.