Compare Best Retail Planning and Allocation Tools for Store-Level Merchandising

Once configured, it executes allocation and replenishment for the majority of SKU-location combinations automatically, freeing planners to focus on exceptions. Its Hyperblock real-time scenario modeling supports fast what-if analysis, and PlanIQ agents generate AI-driven demand signals that reduce human forecasting bias. Anaplan’s connected planning engine links assortment decisions directly to financial goals, supply chain constraints, and sales targets in a single model.

• RELEX Deal management streamlines promotional planning and vendor collaboration with data-driven workflows and shared analytics.
• Assortment planning works alongside merchandise financial planning (MFP) and allocation to ensure Brands offer the right products in the right locations.
• Assortment planning starts by reviewing the merchandise plan, the higher-level plan that sets budgets for each product category.
• Its goal is to provide customers with a solid mix of product options that align with their needs, all while optimizing inventory.

Store https://northfloridahouse.com/how-to-make-money-at-the-opening-of-a-retail-store.html clusters are when you group multiple storefront locations based on shared characteristics. There are multiple ways to arrive at a final purchase, and different shoppers might have varying CDTs for the same product. Your assortment planning should mirror this product hierarchy and guide customers through the process. Also known as the customer decision tree (CDT), product hierarchy is the process customers use to evaluate products of a shared category. Look at top sellers and analyze why they’re so popular. This will be a great starting point for setting goals and informing your assortment planning strategy.

Agility is also crucial, allowing planners to respond quickly to changing trends and customer preferences. Collaboration across multiple departments is essential for successful assortment planning. An assortment planner in retail ensures stores have the right products to meet customer demand and maximize sales. Ulta carries an assortment that comprises both affordable and luxury skincare items, giving shoppers a wide range of merchandise to choose from.

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Improvements stem from better alignment between customer demand and product availability. The products you choose need to work effectively across all sales channels while maintaining consistent brand experience. While the assortment plan determines what products you’ll stock, your merchandise plan determines how you’ll showcase and sell those products to customers.

• Assortment planning is the process of selecting and organizing a store’s product mix.
• For example, some retailers start all planning with a financial plan that drives downstream decisions.
• EDITED offers an assortment planning tool that provides real-time market data to fashion retailers.
• Sephora’s Virtual Artist tool uses augmented reality and computer vision to let customers try on makeup products through the Sephora app before purchasing.
• You can also toggle between the different measure selections per card definitions and view the assortment visually per your needs to analyze the different measure values/attributes.
• Drop-down list measure to choose from Target options, MFP Target, Forecast and Strategy Plan

We ranked each tool on retail fit, planning depth, automation maturity, and cross-functional usability. As of June 2026, https://floridahomz.com/rental-of-retail-space-in-the-subway.html GetLatka counts 48 SaaS companies focused specifically on this category, serving 5,700 customers between them. Carry the wrong product in the wrong store and you eat markdowns.