Assortment Planning Can Help Retailers Maximize Sales and Margins


Posted March 14, 2023 by visuloninc

Assortment planning can help retailers optimize their product selection and improve profitability while reducing inventory costs.

 
New York - 14-03-2023 - Retailers are constantly searching for ways to maximize their sales and margins, and assortment planning has proven to be an effective strategy. Assortment planning involves selecting the right mix of products to offer customers, which can increase sales and profitability while reducing inventory costs. By optimizing product selection, retailers can better meet customer demand, reduce markdowns, and improve profitability.

Visulon, a leading provider of retail software solutions, is helping retailers implement assortment planning with their cutting-edge software. Visulon's assortment planning software uses advanced algorithms and machine learning to analyze sales data and customer behavior, helping retailers make informed decisions about which products to offer. The software also enables retailers to test different scenarios, such as adding or removing products, to determine the best mix of products for maximum profitability.

"We understand that retailers face many challenges in today's competitive marketplace, including staying on top of changing consumer trends and managing inventory costs," said Visulon CEO Arun Joshi. "Our assortment planning software helps retailers make data-driven decisions, ensuring that they are offering the right products to the right customers at the right time."

Visulon's assortment planning software is designed to be user-friendly, enabling retailers to easily navigate and customize the software to meet their specific needs. The software also integrates with retailers' existing systems, allowing for seamless data integration and improved decision-making.

With Visulon's assortment planning software, retailers can:
-Optimize product selection to better meet customer demand
-Reduce markdowns and increase profitability
-Improve inventory management and reduce costs
-Test different scenarios to determine the best product mix
-Make informed decisions based on sales data and customer behavior

As retailers continue to face challenges in the ever-changing retail landscape, assortment planning has become a crucial strategy for maximizing sales and margins. Visulon's assortment planning software provides retailers with the tools they need to make informed decisions, improve profitability, and stay ahead of the competition.

For more information about Visulon's assortment planning software, visit their website at www.visulon.com.

Contact:
Arun Joshi
CEO, Visulon
(555) 555-5555
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Issued By Arun Joshi
Phone 5037467509
Business Address New York: 1600 Broadway, New York, NY 10019
Country United States
Categories Apparel , Automotive
Tags assortment planning , apparel , software , assortment planning tool
Last Updated March 14, 2023