What is assortment in SAP CA-RT-AP - SAP Assortment Planning?

SAP Term: assortment

• Component: CA-RT-AP

• Component Name: SAP Assortment Planning

• Description: The product mix to be sold in a location over a period of time.

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• Key Concepts: 
  SAP Assortment Planning is a component of the SAP Retail suite of applications. It is used to manage the assortment of products offered by a retailer. It helps retailers to plan and optimize their product assortment in order to maximize sales and profits. The component enables retailers to analyze customer demand, identify trends, and create an optimal product mix for their stores. 
  
  How to use it: 
  SAP Assortment Planning can be used to create an assortment plan for a store or group of stores. The plan can be based on customer demand, market trends, and other factors. The component also provides tools for analyzing customer data and creating reports that can be used to make informed decisions about product selection. 
  
  Tips & Tricks: 
  When creating an assortment plan, it is important to consider the needs of the target customer base. It is also important to consider the cost of stocking and maintaining the products in the assortment. Additionally, it is important to consider the impact of seasonality on product selection. 
  
  Related Information: 
  SAP Assortment Planning is part of the SAP Retail suite of applications, which also includes SAP Merchandise Management, SAP Promotion Management, and SAP Store Inventory Management. These components can be used together to create a comprehensive retail solution.