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Holistic Localization: The Value of Integrated Assortment and Space Planning

There is nothing serial about buying, assortment, and space planning. It’s an interactive, iterative process. In a small retail organization, perhaps teams can work together to resolve the question of assortment and space management. But for large retailers, and those who hope to win, it’s just not possible.

It’s not economically feasible, or even possible to manually create all the possible iterations of space and assortment plans required for a globally or even nationally disbursed enterprise.  In the 21st century, Retail Winners turn some of this decision-making over to an optimization engine, and focus instead on managing exceptions. 














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