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Component: CA-RT-AP
Component Name: SAP Assortment Planning
Description: The different variations of a particular product that a retailer decides to carry. For example, a particular T-shirt may be available for sale in different sizes and colors. During assortment planning, retailers determine the assortment depth vertical and the assortment breadth horizontal for the upcoming season based on their overall business strategy and considering consumer purchasing history across product categories and selling locations.
Key Concepts: Assortment depth is a term used in SAP Assortment Planning (CA-RT-AP) to refer to the number of different items that are available in a particular product category. It is an important factor in determining the success of a product line, as it can influence customer satisfaction and sales. How to use it: Assortment depth can be used to measure the variety of products available in a particular category. It is important to consider the assortment depth when planning a product line, as it can affect customer satisfaction and sales. The assortment depth should be tailored to the needs of the target market, as different markets may require different levels of variety. Tips & Tricks: When planning an assortment depth, it is important to consider the target market and their needs. It is also important to consider the cost of stocking additional items, as this can affect profitability. Additionally, it is important to monitor customer feedback and sales data to ensure that the assortment depth is meeting customer needs. Related Information: Assortment planning is an important part of product management and can have a significant impact on customer satisfaction and sales. Additionally, assortment planning can help retailers optimize their inventory levels and reduce costs. For more information on assortment planning, please refer to SAP's Assortment Planning documentation.