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Logility Voyager Assortment Planning

Description: 
Identifies the optimal merchandise mix to satisfy customers, maximize profits and minimize markdowns across your retail network including multiple store types and open to buy management
Product detail: 

For many retailers, perfecting item assortments—determining the best set of products for each store to carry at each point in time—is a top priority and a delicate task. Assortment planning helps maximize sales by specifying the optimal number of SKUs within a merchandise category or group to be sent to each location. Effective assortment planning manages important tradeoffs between three elements, including how many different categories to carry (breadth), how many SKUs to carry in each category (depth), and how much inventory to stock of each SKU.

Voyager Assortment planning helps you:

  • Simplify assortment planning and makes it an easily repeatable process

  • Dynamically sort stores into multiple volume ranges and store attribute types

  • Empower planners to leverage attributes such as vendor, color, fabric, and silhouette for consideration and analysis

  • Directly link an assortment plan, or modify it as needed, to reflect product receipts and current store needs

  • Identify the SKUs that drive sales and profits and which ones are not

  • Determine which items represent true variety rather than duplication

  • Learn which items are critical to consumer loyalty or category image