SAP Assortment Planning for Retail

When opportunities and consumer expectations constantly grow, the range of the goods offered by retail stores should remain always relevant and attractive to buyers. To help retailers with achievement of this purpose, the SAP SE company at the beginning of 2015 declared plans to release SAP application of Assortment Planning for Retail which will help to group optimum shops of retail chain stores in attributes, and then to select goods for each group as much as possible to increase sales and profit.

Because of limited finance and floor spaces retail sellers constantly should select the optimal range of goods, approving purchasing estimates and assortment plans for each outlet. This process integrates science and art, and reliable tools are necessary for achievement of balance. Using advantages of the platform of real time of SAP HANA intended for work with applications of new generation and the solution of analytical tasks, SAP Assortment Planning for Retail will allow to create quickly optimal groups of shops of retail chain stores and to accelerate planning process of the range. Will help make SAP Assortment Planning for Retail simple and effective the user interface SAP Fiori, and the application will be created on the basis of a repository of SAP Customer Activity Repository integrating information on actions of buyers, sales and stocks.

Key features of SAP application of Assortment Planning for Retail:

• Assortment planning, sales and purchases on groups of goods and groups of shops of retail chain stores.
• Use of attributes, metrics and technologies of grouping for consolidation of shops in groups.
• An opportunity to balance the width and completeness of the range when planning.
• Use of a sales history for drawing up assortment inventories and comparison with similar goods at representation of new products.
• The simplified assortment planning of new goods with a possibility of creation of temporary records about the goods concretized afterwards.
• An opportunity to use the flexible mechanism of planning to develop metrics, to create unlimited number of versions and to manage the sequence of calculation using rules of seniority.