Fundamentals of Assortment Planning 4: Quantification

  • Buy Quantification
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Buying and assortment planning (AP) is an iterative process that begins with assortment category strategy, to product creation, quantification, and finally purchase order commitment. Each step is informed by retail analytics that provides insight and guides your decision-making process.

Now that you know how to begin the buying and assortment planning process in assortment category strategy, and how to transform your assortment skeleton plans into actual products in assortment creation, you learn how to quantify the buy:

  • to wedge or not to wedge
  • tailoring the buy to your customers
  • clustering your stores
  • calculating the right buy quantities for all your clusters
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