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daVinci Blog
Attribute Goal Setting in Assortment Planning helps Prevent Cannibalization in Retail
Product cannibalism in fashion retail occurs when similar or overlapping products compete against each other, reducing overall sales and profitability. From identical product lines to poorly timed discounts, cannibalism can confuse customers and dilute brand identity. This blog explores real-world examples, the negative impacts of cannibalism, and how product attributes like size, color, and style can help retailers differentiate their assortments, optimize inventory, and drive growth. Learn how to leverage attributes to minimize waste, align with customer trends, and create a winning strategy for your retail business.
Understanding Cannibalization in Retail: Examples and Strategies to Avoid It
Product cannibalism in fashion retail occurs when similar or overlapping products compete against each other, reducing overall sales and profitability. From identical product lines to poorly timed discounts, cannibalism can confuse customers and dilute brand identity. This blog explores real-world examples, the negative impacts of cannibalism, and how product attributes like size, color, and style can help retailers differentiate their assortments, optimize inventory, and drive growth. Learn how to leverage attributes to minimize waste, align with customer trends, and create a winning strategy for your retail business.
Revenue is Vanity, Profit is Sanity, but Cash is King
Cash is king in Retail. Inventory directly affects your cashflow. Getting it right is critical to your survival. The right inventory investment at the right time boosts your cashflow, while the wrong decisions can burn through your cash.
Customer Case Studies
Case study: Target Australia selects daVinci Retail
Target Australia selects daVinci, a retail software specialist to deliver Assortment Planning and Merchandise Planning application suite.
Target implements daVinci Retail Software
Target Australia implements daVinci Assortment Planning and Merchandise Planning application suite.
Case study: Retail Store Clustering Saves Retailer $40M
Learn how our consultants used the Clustering application to uncover $40 million in misallocated buy dollars at a leading fashion retailer.
Videos
Fundamentals of Merchandise Planning : Inventory Planning
Learn what a balance set is, the typical metrics and calculations commonly used in a balance set, and the concept of perpetual inventory.
Merchandise Planning : Retail KPI’s
Learn about sales performance metrics used in the retail inventory planning process, such as stock-to-sales ratios and sell-through %.
Fundamentals of Merchandise Planning : Gross Margin Planning
Let’s dive into how to maximize your business profitability with this margin planning introduction. What is gross margin? Why is it used?
eBooks & More
eBook: Omni-Channel Assortment Planning
Every individual shopper is unique — and expects to be treated that way. Learn how to meet customer demand to customer-centric assortment planning.
eBook: Planning Playbook – Lessons from COVID-19
We take stock the COVID lessons learned and review what can be implemented in our planning practice today and beyond.
How to Improve Your Profit Margin
Inventory buy decisions directly impacts your bottom line. Find out how much your buy decisions could be costing you.
Product Brochures
daVinci Retail Fact Sheet: Plan and Buy with Confidence
Learn how daVinci helps buyers, planners, allocators, and management plan and buy merchandise inventory faster and more accurately.
Bring your Merchandise Planning into the 21st century
Our merchandise planning software helps retailers build roadmaps to guide merchandise decision-making and deliver sales and margin goals.
Retail Assortment Planning Brochure
With a 2%–5% increase in profits and 25% improvement in productivity, learn about the things daVinci’s assortment planning software does in this brochure.
Newsletters
daVinci Retail Fact Sheet: Plan and Buy with Confidence
Learn how daVinci helps buyers, planners, allocators, and management plan and buy merchandise inventory faster and more accurately.
Bring your Merchandise Planning into the 21st century
Our merchandise planning software helps retailers build roadmaps to guide merchandise decision-making and deliver sales and margin goals.
Retail Assortment Planning Brochure
With a 2%–5% increase in profits and 25% improvement in productivity, learn about the things daVinci’s assortment planning software does in this brochure.
Already a Customer?
Regularly updated, the daVinci Retail Knowledge Base features frequently asked questions and a searchable database covering training, user guides, release notes and more. You can access the Knowlege Base directly from your daVinci applications.