ASSORTMENT PLANNING AND OPTIMIZATION
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United States of America Patent
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Feb 27, 2014
app pub date -
Aug 24, 2012
filing date -
Aug 24, 2012
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Abstract
The present subject matter relates to systems and methods for assortment planning and optimization in a retail environment. In one implementation, a method for assortment planning and optimization is described. The method includes receiving assortment parameter data, and input information. The input information includes performance data, product data, fixture data and store data. Further, the method includes ranking product items based at least on the assortment parameter data and the input information. Furthermore, the method includes creating a listing of the product items based at least on the ranking. Such listing of the product items is processed based at least on predefined business rules, to generate one or more assortment solutions for providing optimal gross margins.
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