Merchandise assortment planning is commonly used in: Select one:

It is used in b. Retail sector

The correct reply is B: Retail Sector

b. Retail sector.............is the right answer

Right answer is b. Retail sector ==============================

Hello Team,

Assortment refers to the number of SKUs within a merchandise category, group or department (depending on the retailers reference).

Assortment planning is the process to determine what and how much should be carried in a merchandise category. Assortment plan is a trade-off between the breadth and depth of products that a retailer wishes to carry.

Fashion categories contain lesser details in the plan.

Questions to be considered:

·         Which SKU’s drive sales and profits?

·         What criteria should be used for adding and deleting items?

·         Is the retailer missing opportunities by not carrying certain items?

·         Which items represent true variety, not duplication?

·         Which items are critical to consumer loyalty or category image?

·         Which items are not contributing to the category?

Regards,

Saiyid

Used in retail sector.

Answer is B.