Gartner identifies Impact Analytics in the 2024 Gartner Market Guide for Retail Assortment Management Applications: Short Life Cycle Products

It has become increasingly difficult for retailers to develop productive inventories and build optimal assortments in light of the pace of change within the industry. Retail commerce requires integrating financial and assortment planning, space management, and pricing across core processes to implement a unified retail commerce strategy. As noted by Gartner, “Retailers must urgently invest in AI-led advanced analytics and automation to achieve successful SKU rationalization.”.

AssortSmart, a leading solution in the market today, enables retailers and brands to:

• Leverage AI and eliminate inefficiencies to shorten assortment planning times.
• Enhance customer satisfaction by building localized assortments based on highly accurate prediction of customer behavior
• Increase merchandise procurement efficiency by intelligent groupings and providing granular visibility into SKUs across planning levels
• Analyze underperforming SKUs, using AI to rationalize them, and clean up your assortment as you go

We are delighted to be recognized by Gartner as a Representative Vendor, and we think this further validates our mission to empower both large and small businesses to achieve true growth, increase profits, and foster digital-first decision-making through automation and innovation.

Source: Gartner, Market Guide for Retail Assortment Management Applications Short Life Cycle Products, Jonathan Kutner, 13 August 2024 (For Gartner Subscribers only)

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