PRODUCT ASSORTMENT TOOL

DESCRIPTION:
Created and designed the automated Efficient Product Assortment tool utilizing Microsoft Access VBA/SQL.

BUSINESS PURPOSE:
Automatically determine the optimal product offering within key categories at retail customers

  • Maintain and grow distribution
  • Target underperforming items
  • Assess how efficient assortment is versus rest of market
  • Evaluate Private Label performance

DIMENSIONS:

  • DATABASE SOURCES: Nielsen or IRI
  • PRODUCTS: Key Categories/Segments
  • TIME PERIODS: Latest 26 Weeks
  • GEOGRAPHIES: Retail Trading Areas & Rest of Market (ROM)
  • MEASURES: Dollar Sales, Dollar Sales % Chg. Year Ago, Unit Sales, Unit Sales, % Change Year Ago, % ACV Distribution, Dollar Sales Per Million ACV, Cumulative Dollar Share

Overlay relevant data from various sources

  • Substitutability: Evaluate items that have a high substitutability index for possible deletion
  • Annual category consumption: Factor items with the highest consumer worth
  • Exclusivity: Factor items with the highest exclusivity
  • Loyalty (Share of Category Requirements): Consider possible deletion of items with low loyalty and low risk to category sales



END USER PROCESS:

  • Collaborated with stakeholders such as business leaders, sales managers, and category managers to gather data requirements and align on KPIs.
  • Designed the tool to efficiently and quickly navigate the end user to make custom selections and analyze automated reports within minutes.

STEP 1: SELECT TRADING AREA and ENTER data conditions

STEP 2: ADJUST weight factor for the measures (if needed)

STEP 3: RUN/REFRESH data

STEP 4: VIEW/EVALUATE reports

SAMPLE REPORT:

STEP 5: MAKE ADJUSTMENTS to the RETAIN/ADD/DELETE recommendations

STEP 6: Review UPDATED reports

SAMPLE CODE: Integrated and transformed data from various sources by writing SQL queries and coding VBA modules