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ASSORTMENT & RANGE MANAGEMENT SOFTWARE
Maximise profitability and align your product range with customer demand
Take a data-driven approach to product introductions, phase-out processes, and stock policies.
ASSORTMENT DECISIONS BASED ON PERFORMANCE
Why Slimstock?
Make assortment decisions based on performance, relevance, and space, not gut feeling. The Product 360 framework evaluates every SKU on rotation, return and relevance.
- Top sellers – optimise: High rotation and high relevance, only keep the best items.
- Develop – increase sales: High relevance but lower rotation, invest to grow.
- Second raters – review: Moderate performance, review worst performers.
- Long tail – rationalise: Low rotation and low relevance, delist worst performers.
Tackle retail challenges with assortment planning software
Benefits to help you get the most out of every product
Reduce excess and obsolete inventory (E&O)
Failed product introductions and poor end-of-life management can be sidestepped as Slim4 ensures an optimal assortment management strategy for every item, new and old.
Maximise the sales potential of each new item
You want new items to hit the ground running, making availability critical. Stockouts aren’t an option with sought-after, new products, and Slim4 can calculate demand accurately even with these fresh introductions.
Find your perfect product mix across channels
Not all sales will be made in store, so it’s vital to assort items accurately across warehouses, distribution centres, and retail locations. Slim4 provides this omnichannel visibility.
Optimise stock in store
Assortment in-store also means the strategic placement of items to maximise their sales potential. Again, Slim4 makes this a data-driven exercise based on customer demand and behaviour.
Phase out items strategically
Sunsetting products effectively is just as important as introducing them. Premature markdowns or being left with excess stock, both cost money. Know, through data, when and how to phase items out.
Monitor performance in real-time
Slim4 assortment planning software includes ongoing product performance reviews, and real-time alerts relating to performance changes. This real-time visibility allows for more proactive, adaptable, decision-making.
KEY FEATURES OF SLIM4 ASSORTMENT & RANGE MANAGEMENT SOFTWARE
Automate, optimise, and localise assortment at scale
Evaluate products on rotation, return and relevance for data-driven decisions.
Identify and manage long-tail products with scenario modeling.
Store-by-store and category-level optimisation.
Shelf and floor space simulations for optimal placement.
Real-time KPIs across all assortment dimensions.
Concrete delist, extend and optimisation recommendations.
Solutions aligned to your assortment management responsibilities
Efficiency, scalability, profitability
Automated, data-driven processes enabled by Slim4’s retail assortment management software reduce human input and error significantly, instead creating a scalable, efficient, profitable foundation for success.
- Automate processes for smoother workflows that can scale seamlessly.
- Scale according to market shifts to retain customer loyalty.
- Maximise the value of new product introductions, as well as older products.
Standardise and prioritise
Slim4 absorbs tasks like ABC classifications and stock policy calculations, making them more resilient, precise, and valuable. Assortment segmentation and prioritisation further champions high-value opportunities, while the solution works with the allocation manager to allocate new stock effectively through different distribution models.
- Form a more robust process free of human error.
- Optimise ABC classifications to capitalise on high-value items.
- Balance and manage different distribution models.
Proactive procurement in full flow
Assortment management implicates the supplier network too, and Slim4 ensures the right suppliers are engaged at the right time to improve sourcing efficiency. From there, optimising quantities, placement, and future purchase plans are all data- and trend-driven.
- Procure initial order quantities with data-driven confidence.
- Collaborate effectively with suppliers to improve sourcing efficiency.
- Respond proactively to market changes.
Assortment Management Testimonials
See what our customers think
95.4%
Service level
(+6.4 points with Slim4)
-41%
Overstock
Reduced carbon footprint
"We used to make decisions based on intuition; now we rely on data"
Eva Herrero
Supply Chain and CSR Director
Slim4 Commerce unifies
See Slim4 in actionResources related to assortment management
Frequently asked questions
What is an assortment planning & management software?
An assortment planning and management software helps businesses decide which products to stock, how much to stock and where to place them. It supports decisions on new product introductions, product phase-outs, stock policies and product segmentation so teams can manage their assortments in a structured way.
What is assortment management software used for?
It is used to optimise the product mix across the network, improve new product introductions, manage end-of-life items, set clear stock policies and prioritise products based on performance. The goal is to reduce excess stock, avoid stockouts and enable better allocation of inventory across locations.
What are the benefits of assortment planning software?
Key benefits of using an assortment planning software include:
- Less excess and obsolete stock thanks to better new item introduction and phase-out processes.
- Better availability for new products.
- A more effective and balanced product mix across the network.
- Improved allocation of stock to stores
Which industries benefit most from assortment planning software?
Industries that deal with wide product ranges or frequent product changes benefit the most. This includes businesses that need to manage many SKUs, introduce new items regularly or maintain consistent availability across multiple locations.
How does Slimstock’s assortment management software help businesses overcome retail operational challenges?
Slim4 helps businesses overcome these challenges by offering:
- Data-driven new product introductions to avoid overstock and stockouts.
- Structured end-of-life management to prevent dead stock.
- ABC classification to prioritise high-value and high-demand items.
- Clear stock policies to replace guesswork.
- Performance alerts for quick reaction to changes.
- Smarter allocation of stock to stores.
Together, these features increase visibility, reduce manual work and support better and faster decisions across the assortment lifecycle.
Does Slimstock assortment planning software replace an ERP system?
No. Slim4 does not replace an ERP system. Instead, it reduces the load on the ERP by taking over business rules for new product introductions and end-of-life phasing. It works alongside the ERP to improve planning and decision-making.