Category Management

Home Solutions Category Management
  • How should I cluster stores according to their demand?
  • What is my assortment strategy?
  • Do I utilize shelf space optimally?
  • What is my shelf space performance at each category?
  • How can I increase revenue and profits per square meter?

 

Increase profit by managing your Product Categories based on consumer demand and performance


Obviously, time has changed from the days we used to shop on the corner grocery store and buy from the owner who personally knew us and our habits. Time has changed the retail environment, consumers, manufacturers and shopping expectations.


Product categories and the mix of products can sometimes seem endless and need to be managed carefully in order to drive both consumer satisfaction and enhanced business results for both the Retailer and the Supplier.

 

Successful Category Management draws on the latest industry trends, leverages available data and utilizes best-in-class technologies.

 

With Space & Category Management solutions, retailers and suppliers can effectively plan, execute and analyze demand-based category and assortment strategies, while driving overall profitability and sales per square meter.

 

  • Optimize store clusters by store, department and category level.
  • Tailor assortments to meet true local demand for improved customer service level.
  • Increase movement at full retail value while lowering carrying costs.
  • Decrease out-of-stocks on the one hand and excess inventory on the other.
  • Maximize sales of the right products at higher margins.
  • Automate processes for managing large volumes of floor plans and planograms.
  • Simplify collaboration with trading partners on product and space decisions.
  • Translate merchandising strategy into tactics ensuring consistent store execution of   corporate strategic assortment decisions.