of retailers are grappling with data that is either incomplete or inconsistent
of retailers struggle to collaborate with CPG partners in a meaningful way
of retailers want assortment plans to drive supply chain execution
implement location-based clustering as best practice
Traditional methods of store clustering, such as being location-based, have diminished in value in relation to Category Management. Our next generation approach leverages customer preference, segmentation and demographics to group stores at the category level. By doing so, downstream assortment optimization increases in item relevancy and customer centricity.
plan to use Cloud or SaaS based models for category management within the next 12-24 months
SaaS based models have some distinct ROI benefits over on-premise. Increasingly preferred due to their scalable architecture, easier on-boarding and anywhere, anytime user access. Employing cloud-based solutions enables organizations to consolidate data from multiple sources, creating a single collaborative category management environment that delivers access to a single version of the truth.
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with customer insights at the core