What is Manage Assortments in SAP CA-RT-AP - SAP Assortment Planning?

SAP Term: Manage Assortments

• Component: CA-RT-AP

• Component Name: SAP Assortment Planning

• Description: A transactional app that enables assortment planners to build assortments. An assortment planner can build assortments by including products from assortment modules in future planning or by removing them.

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• Key Concepts: 
  Manage Assortments is a feature of the SAP Assortment Planning component (CA-RT-AP) that allows users to create and manage product assortments. An assortment is a collection of products that are grouped together for a specific purpose, such as a promotional campaign or a seasonal sale. The Manage Assortments feature allows users to create and manage these assortments, as well as to analyze the performance of the assortments. 
  
  How to use it: 
  To use the Manage Assortments feature, users must first create an assortment. This can be done by selecting the products that should be included in the assortment, setting up the assortment parameters (such as pricing and discounts), and then saving the assortment. Once an assortment has been created, users can then manage it by making changes to the assortment parameters, adding or removing products from the assortment, and analyzing the performance of the assortment. 
  
  Tips & Tricks: 
  When creating an assortment, it is important to consider how the products in the assortment will work together. For example, if an assortment contains products that are complementary to each other, such as a laptop and a laptop bag, then it may be beneficial to offer a discount on both items when they are purchased together. Additionally, it is important to consider how long an assortment should be active for; if an assortment is too short-lived, customers may not have enough time to take advantage of it. 
  
  Related Information: 
  The Manage Assortments feature is part of SAP's Assortment Planning component (CA-RT-AP). This component also includes features such as Demand Forecasting and Replenishment Planning, which can be used to optimize inventory levels and ensure that customers have access to the products they need. Additionally, SAP offers other components such as Promotion Planning (CA-RT-PP) and Price Optimization (CA-RT-PO) which can be used in conjunction with Assortment Planning to further optimize product assortments.