Results
- Reduced assortment by 5-10% with powerful analytics and insights
- Drove 3-7% sales & gross profit growth
- Improved supplier collaboration & negotiation
- Created space for new product innovation
Challenge
Retailer needed to rationalize their assortment,
but not at the expense of sales and profit.
Solution
Leveraged Precima’s Assortment Optimization Solution to help identify
which products really matter to their customers and which ones to substitute.