Businesses are under pressure constant from customers to deliver goods as quickly and efficiently as possible. However, given that many organisations offer thousands upon thousands of items, its vital that the assortment planning process if effective. After all, with fierce competition from other organisations, stock outs and availability issues could force customer to make their purchases elsewhere. But what can supply chain team do to take control of their exploding assortment?
In pursuit of a unique selling point, many businesses have expanded their assortment to encompass more products than ever before. While offering broad and deep assortments undoubtedly ensures customers have plenty of choice, managing such a large number of items is a daunting task to say the least!
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