Efficient Assortment: A Step-by-Step Process

Efficient Assortment: A Step-by-Step Process

Efficient assortment is the analytical process that fits within product assortment, and within the category management framework. It's an enabler to the other steps within the category management plan. In this course, you'll learn about retailer assortment strategies, and the importance of understanding these strategies before moving into any type of assortment work. You'll also learn the steps to complete a manual assortment project, which will give you a foundation from which you can either build your own assortment capabilities, or better understand the assortment tools being used in your own organization. In this course, basic and intermediate techniques of assortment analytics are reviewed.

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We provide online training to both individuals and teams in Retail and CPG. Learn more about what’s included and CMKG-exclusive benefits of purchasing Premium Course Packages ($125), Value Video-Only Courses ($59), Premium Programs (starting at $499), and Learning Subscriptions (starting at $0).
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Learning Objectives for Efficient Assortment: A Step-by-Step Process - Online Training Course from CMKG.ORG

Explain the efficient assortment process;

Describe the different retailer strategies and other considerations that need to be understood prior to completing an assortment analysis;

Explain the difference between variety and duplication of items;

Describe how market coverage is calculated, and how this number can be used;

Create a Pareto chart, and explain the significance of this chart in product assortment;

Develop and manipulate an item rank report;

Explain the rationale for adding, deleting or keeping an item in distribution; and

Identify assortment opportunities.

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We deliver online and virtual training to leading retail and supplier organizations, solutions providers, and the Category Management Association membership. 

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