COSMO Assortment Optimization | Assortment Optimization Software
Intelligent, demand-oriented assortment optimization
My Challenges
Having a large selection sounds great at first. But it can also overwhelm your customers. After all, a complex assortment and multiple stores make buying decisions difficult. There is no one-size-fits-all solution because your customers are as diverse as their needs.
Optimal assortment planning also takes into account that your stores have different needs, depending on their location and the purchasing power of their customers. There are many factors to consider when planning your own assortment. But first, you have to keep track of it all, and that's no easy task.
Make smart inventory decisions.
How I will be supported
Imagine if you had assortment optimization for retail. You could get to know your customers better and understand their individual buying patterns. You could then easily adapt and optimize your assortment accordingly. Finally, you could maximize your market potential while taking into account the specifics of each store.
With the new information about your customers' buying behavior and other important factors, it is easy to place your own items more efficiently. And better rankings are an important step toward more sales.
My benefit
Dynamic assortment optimization helps your company to increase profitability and place items more effectively.
Items can be evaluated using data on sales, network strength, and store location to create an optimal assortment.
Through a demand-oriented assortment design, your company maximizes sales and saves costs at the same time.
Gain various product insights
User-centric dashboards
- Optimal stocking of the assortments in the individual stores
- Analysis of product ranges based on top and flop lists
- User-oriented application possibilities
Cost savings
Comprehensive categorization of the product range
- Assessment of the breadth and depth of the product range
- Item evaluation in terms of sales, network strength and store location
- Analysis of the customer structure
Intensive relationship building with suppliers
Optimal assortment structure
- Dynamic optimisation of product ranges in the stores
- Demand-driven inventory
- Inclusion of supplier influences
Increase in profitability
System Requirements
This App requires Microsoft Power BI.
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