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Size Optimization for Retailers: How to Effectively Stock Sizes of Each Item in Each Store - Into a Profitable Advantage

PublisherSAS Institute
Format1020.3KB PDFDate added01 Oct 2007
Topics Knowledge and Data Management, Procurement and Sourcing
Downloads0

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.

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