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Assortment Planning – Increase Sales, Reduce Shrink and Improve Shopper Experience

Enhancing your assortment and space allocation is critical on-going task for both retailers and suppliers.

Retail Challenges

  • What items are best for my stores and shoppers?
  • How can I leverage seasonal refreshes to maximize my variety and freshness image?
  • How can I refine my assortment to reduce out-of-stocks, lower shrink and increase distribution efficiency?
  • How can I fine tune my offering to increase sales and shopper engagement?
  • How can I do this quickly and cost efficiently?

Supplier Challenges

  • How can I better align my products to my customers’ assortment strategy?
  • What is the best way to drive faster and more effective new product introductions to my customers?
  • How can I use data and insights to gain the best space allocation to drive sales and margin for both me and my customers?

Radian’s assortment analytics and optimization process – for both fresh and center store departments – links retailers category management and supplier’s new product development processes. Radian’s process integrates with your current category management, plan-o-gram and operations systems and with our innovative measurement tools and allows you to see value in weeks, not months.

For more information please see our Case Study: Fresh assortment, execution and measurement