Step 2: Assortment Fit
The Assortment Fit Module revolutionizes Assortment Planning by introducing a smarter, data-driven solution. Designed as a strategic tool for Buyers and Assortment Analysts, it empowers them to make informed market decisions while crafting assortments tailored to specific Seasons (Assortment Periods), Products, and Store Groups (Clusters).
Leveraging advanced analytics, the prior module Assortment Strategy provided the total number of options to buy across key attributes, with target sales, rate of sales, to ensure a well-rounded product mix inclusive of Long Life Cycle (LLC) and Short Life Cycle (SLC) items. These insights establish clear targets, enabling the Assortment Fit Module to refine selections and align inventory with customer preferences, market trends, and localized demand. By bridging data and strategy, it transforms assortment planning into a precise, customer-centric process.
Once Assortment Fit is approved, the defined Assortment Range for Long Life Cycle products is communicated to external executions systems like Inventory Planning and Optimization (IPO) tool for Replenishment. Short Life Cycle products utilize the Item Flow workspace to planning weekly sales and receipts needs (buy quantities).