Merchandise Assortment Planning in SAP IS-Retail

Merchandise assortment planning in SAP IS-Retail involves a detailed process of analyzing sales data, market trends, and customer preferences to create a strategic assortment of products. This process helps retailers optimize their product offerings to meet customer demands and drive sales.

The key steps in merchandise assortment planning in SAP IS-Retail include:

1. Market Analysis: Understanding market trends, competitor offerings, and customer demographics.
2. Sales Forecasting: Using historical sales data and predictive analytics to forecast future sales.
3. Assortment Selection: Choosing the right mix of products based on the sales forecast, profit margins, and customer demand.
4. Inventory Planning: Determining the optimal inventory levels for each product to prevent stockouts or overstock situations.

By following these steps and utilizing the features of SAP IS-Retail, retailers can streamline their merchandise assortment planning process and improve overall business performance.