Our merchandising intelligence toolkit helps you unlock hidden opportunities and answer critical questions such as:
In conjunction with our capabilities assessment and roadmap projects, Parker Avery’s merchandising intelligence toolkit is a series of analyses that dig deep into your data, identifying trends, patterns, and correlations that can shape your merchandising initiatives and strategies.
Assortment Analysis
- Utilize KPIs at the style level for a selected class or subclass to evaluate style viability.
- Visually identify opportunity and/or risky styles based on inventory relative to the average rate of sale per store.
- Review class penetrations by cluster for a selected department to identify anomalies or distortions that may need attention.
- Utilize the Pareto graph in your long-tail analysis to identify low-contribution styles.
Size Profile Analysis
- Performance-based KPIs help monitor the health of the business.
- Recommended size profile breakdowns by cluster can target optimal pre-pack distribution for future buys.
- Quantify opportunity costs associated with out-of-stocks.
- Review size accuracy results to determine which sizes need more inventory distortion.
- Drill into size accuracy results by location to target problem stores and adjust localized size profiles during fulfillment processes.
Allocation Effectiveness
- Review the correlation of inventory trend to sales trend over time.
- Quickly identify department, style, and class outliers based on their allocation score using box and whisker charts.
- Utilize filters to drill into specific departments, classes, or styles to determine where to focus corrective distribution efforts.
- Review sales and inventory distribution accuracy by cluster and resulting allocation score.
Quick and Flexible Value Realization
- Our merchandising intelligence toolkit provides answers to critical questions.
- The toolkit can be deployed via regular reporting (Tableau, PDF, etc.).
- We provide support for report tuning and actual business performance mitigation.