Project Description

Global Retailer Anticipates Strong Results With New Assortment Planning Solution

Parker Avery worked closely with this global retailer to design integrated processes and configure a new assortment planning system to deliver desired future-state capabilities.

Future-State Capabilities Defined

New Assortment Planning System Implemented

End-User Training Delivered

Client Challenge

The client is a $1.4B international retailer operating direct, retail, and B2B channels with a large product assortment, featuring women’s, men’s, and children’s apparel as well as home accessories. They used a variety of legacy assortment and item planning tools as well as spreadsheets, creating challenges in rolling plans up across all countries and channels. This myriad of disparate tools was preventing the retailer from effectively managing a global assortment. Adding to the planning challenges, the client was going through a multi-year systems transformation, changing core merchandising and purchasing functions and adding significant complexity to key planning integrations.​

Parker Avery Solution

With client business and IT partnership, The Parker Avery Group designed new, integrated planning processes and configured an assortment and item planning system to deliver the desired future-state capabilities.​

The project encompassed assortment planning with recommended customer choice counts, retail store clustering, assortment eligibility by retail cluster, item planning, SKU projections, and end-of-lifecycle product management, all integrated with the merchandise financial plan.​

Providing retail planning expertise and using an agile design, build, and test approach, Parker Avery led and participated in the following activities and deliverables to achieve a successful system implementation:​

Results

The client is now able to create and manage an efficient and detailed global assortment that links to financial targets and ultimately produces purchase orders that are balanced at the SKU level. ​

Additionally, the client expects to achieve the following benefits:​

  • Enhanced product planning, item management, and analytics capabilities​
  • Standardized tools and processes with consistent data, driving increased collaboration, productivity, and transparency​
  • Improved sales, margin, and inventory utilization
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The Parker Avery Group helps global retailers and consumer brands solve their most important challenges across merchandising, supply chain, and omnichannel.

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