
Assortment rationalization: Why retailers need to get it right
In this article, we will focus on assortment rationalization: what it is about, its benefits, and why every retailer should have a solid process for it.

In this article, we will focus on assortment rationalization: what it is about, its benefits, and why every retailer should have a solid process for it.

Retailers that deal with fresh products can leverage benefits from unifying their central supply chain planning and in-field store operations to improve management of their fresh inventory.

There are few challenges in retail tougher than managing grocery retail supply chains; optimizing a broad inventory that includes fresh and short shelf-life products is not easy.

In an increasingly competitive market, companies must take a proactive approach to managing long lead times — one that preserves customer loyalty, reduces costs, and ensures availability at a time when certainty is hard to come by.

Missed our exclusive event on the future of consumer goods supply chain planning? No worries, we can catch you up on some of the key insights from the presentation.

All is not lost for grocery retailers struggling to balance the sometimes-competing priorities of fresher foods, happier customers, and healthier bottom lines.

Retailers are increasingly turning to innovative workload management solutions that go beyond traditional sales-driven labor planning to ensure seamless operations.

The unique characteristics of managing fresh grocery retail have made it a hidden treasure amid a sea of AI and machine learning technologies.

During my almost seven years working with space planning, I’ve faced almost every question there is to ask around the topic. One, however, seems to come up constantly “Can we use forecast data when making the planograms?”

In 2023, RELEX’s solutions drove tangible impact by increasing visibility for better decisions.

In the following Q&A, Jeff Bulger shares his insights and experiences on the power of pricing and how choosing the right pricing solution can help retailers stay ahead of the competition.

Modern planning tools build on what made MRP integral to manufacturing in the first place but provide more robust solutions to the current supply chain problems plaguing manufacturers.

In today's retail landscape, pricing and promotions are universally acknowledged as key merchandising levers and critical components of a successful business strategy. However, many retailers grapple with managing these areas separately, leading to inefficiencies and missed opportunities.

Sometimes, it seems the only thing preventing retailers from pushing their winter holiday products out on the first day of October is that their display areas are still reserved for Halloween products. It makes sense to keep seasonal products out for as long as possible to maximize the enormous impact their sales can have on margin.

Demand needs versus supply realities. Production constraints versus customer obligations. Long-term planning versus short-term flexibility.

A holistic approach to sustainability throughout the supply chain allows businesses to create long-term value, waste less, and save more.

While many retailers widely use category insight data such as product performance, area demographics, and demand patterns to produce more customer-focused assortments, they fail to leverage the knowledge of those closest to the customer – the local store staff.

Discover how fresh packaged foods manufacturers can use high-accuracy demand forecasting to achieve optimal freshness.

Frontline teams cope with heavy workloads, burnout, and turnover in today's workforce, making store operations optimization crucial, especially for fresh products, to alleviate constraints and improve efficiency.

The growth of omnichannel retail has provided consumers with more options than ever to purchase goods. This brings new challenges for consumer electronics retailers when managing their inventory and supply chains.

Store-specific planograms are transforming retail shelf management. Why? They cater to each store's unique needs, ensuring products with high demand are rightly positioned.

This article explores three common challenges faced by wholesalers, and how AI can help tackle challenges.

Load optimization requires more than just efficient truck loading on the part of suppliers. Here’s how wholesalers and retailers can do their part with coordinated ordering.

A unified approach to category management combined with the right planning tool allows retailers to leverage localized demand data to automate store-specific planogramming.