Knowledge and Data Management White Papers
Size Optimization for Retailers: How to Effectively Stock Sizes of Each Item in Each Store - Into a Profitable Advantage
Overview The scenario seems so simple: Make sure consumers can find the size they want. If their sizes are out of stock, one forfeits the sale and disappoint (and potentially lose) the customer. Marking down overstocked merchandise to move it undermines profitability. Here is where SAS analytical strength can be invaluable. SAS Size Profiling and SAS Pack Optimization effectively match size-level demand with pack-level supply - for each store and merchandise category - improving the accuracy of purchase and allocation decisions based on a multitude of defined variables. This type of analysis has the potential to transform a difficult issue - how to effectively stock sizes of each item in each store - into a profitable advantage.
| Publisher | SAS Institute | File Format | |
|---|---|---|---|
| Date Published | October 2007 | ||
| Format | White Papers | ||
| Topics | |||
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