Assortment Planning With AI
With unpredictable markets, keeping inventory stocked has become more complex than ever. The pandemic has highlighted how traditional retail planning is not good enough. Retailers need a better approach and method to succeed in such a market. Store-level data analysis using AI or specifically new methods in Machine Learning algorithms can today power advanced analytics, providing comprehensive analyses of store-specific shopper behavior at the push of a button.
HIVERY Curate is an AI offering that leverages store-level data on the onset. Being store-level, you can assess and compare the predicted impact of each assortment strategy scenario according to a range of metrics:
- Sales volume (movement)
- Number of PODs/Planograms
- Days of Supply
- Total Distribution Points (TDP)
- Control POD presence to Managing DC slotting.
This guide will also cover:
- Product availability, AI, and assortment planning
- How AI can be applied to omnichannel assortment planning
- AI simulation and strategy rapid creation
Breaking free from supply chain disruptions is possible with these tools.
Download this guide on Assortment Planning & Strategy with AI to learn more.