Build customer-centric Assortments to develop optimal product mix for both Pre and In season.
o9 platform provides AI/ML based algorithms to recommend assortment which will maximize profits and minimize markdowns maintaining optimum Inventory levels. The platform also provides the time phase buy plan and ability to create and optimize packs based on multiple constraints.
Top reasons companies are improving their assortment planning processes.
- Omni-channel assortment plans
- Customer driven localized assortments
- Leveraging AI/ML for recommending optimal assortments
- Move from legacy systems to cloud based system
Market & Consumer Insights
- Integrated assortment across all product types – basic, seasonal, fashion, hardline, softline or grocery
- Post-game analysis for prior season performance
- Prescriptive product recommendations for future season or year
- Customer and product segmentation to create true customer-centric localized assortment
- AI/ML driven store clustering
- Space allocation
- Assortment strategy
- AI/ML driven options recommendations
- Placeholder creation and actualization
- Visibility to competitive data, consumer data etc.
- Conceptual line planning
- Detail assortment build
- Promotional and clearance planning
- Integrated sales, margin, inventory and receipt plan
- Integrated buying, sizing and packing
- Real-time reconciliation to merchandise financial plans
- Flexible and easy-to-use reporting
- What-if scenarios and simulations
Assortment Planning on the o9 platform
Build customized Assortments for targeted customer segments to achieve the product mix that maximizes profitability. Simplify decision-making with ML and AI based analytics and highly visual user interface to review and analyze assortments.