Merchandise planning serves as the strategic roadmap for retailers to anticipate customer demand, ensuring they have the right inventory while aligning with financial goals.
Assortment planning and buying play a crucial role in achieving these financial objectives through smart, data-driven purchasing decisions.
Every day, merchant and planning teams make hundreds of assortment planning and buying decisions—from product conception to the point of sale. Each choice requires a balance of creativity, insight, and data-driven strategy.
Discover the fundamentals of the assortment planning process with this video series:
Introduction to Assortment Planning
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What is assortment planning, and why is it essential for retailers?
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A step-by-step overview of the assortment planning process