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IBM DemandTec Assortment Optimization

Currently no upcoming Class Dates

Description

This hands-on course teaches you how to use the IBM DemandTec Assortment Optimization solution effectively. You will learn how to create improved assortments that meet your corporate and category objectives and review assortment recommendations, optimize facings, and then approve for implementation.

Objectives

  • Create an assortment plan
  • Optimize your assortment plan to include currently stocked and market items to drive incremental sales
  • Optimize the number of facings per item
  • Decrease segment duplication to drive incremental gains
  • Compare assortment recommendations to determine which best meets defined business goals
  • Create custom assortments for store groups and plan o grams

Audience

This basic course is for Merchandising Executives, Category Managers, Category Captains, Inventory Analysts.

Prerequisites

You should have the following experience:

  • Have some experience using web browsers, the internet and Microsoft Windows operating systems
  • Be able to navigate a GUI environment
  • Have experience working with spreadsheets and reports.

As you work through the concepts and tasks, it is assumed that you are familiar with Microsoft Excel; although this will not be a blocking issue to learning.

Duration

1 days

Topics

  • Assortment Optimization Overview and Demonstration
  • Scenario types and rankings
  • Project creation
  • Selection and loading of data
  • Running scenarios and result analysis
  • Creating Reports and Presentations

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