Quadrant Knowledge Solutions’ Retail Assortment Management Application market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market and the overall market adoption rate as well. This research provides strategic information for technology vendors to better understand the existing market, supporting their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes ranking and positioning of leading Retail Assortment Management Application vendors with a global impact. The SPARK Matrix includes an analysis of vendors, including 7thOnline, Aptos (TxT Retail), Cognizant Softvision, Analyse2, Blue Yonder, Board International, IBM, Logility, o9 Solutions, Oracle, Periscope by McKinsey, SAP, SAS, SymphonyAI, Tools Group.
According to Ankit Sharma, Analyst at Quadrant Knowledge Solutions, “Retail Assortment Management Application assist the retailer in process of planning, creating, and maintaining the assortments to enhance sales, profit margins, inventory utilization, and enhance customer experience. In the current digitalization era, consumer expectations, demands, and customer preferences for retailers continue to rise at a faster rate. Considering evolving consumer demands and expectations, retailers are focusing on creating customized assortment planning methods to satisfy consumer requirements while meeting financial targets, which is a significant driver driving the adoption of retail assortment management applications. The retail assortment management platforms enable retailers to place the right product mix at the right time” Added by Ankit
According to Akshysingh Chandel, Analyst at Quadrant Knowledge Solutions, “Retail organizations are increasingly focusing on enhancing their customer experience through unique offerings and individualized customer engagement strategies. Considering the ever-changing demands and expectations, retailers are focusing on developing advanced assortment planning strategies to delight customers and attain intended financial goals, which is a key factor driving the adoption of retail assortment management platforms. The retail assortment management platforms enable the retailers to place the right product in the right place at the right time across all channels by leveraging comprehensive insights. The platforms also help retailers form an optimal inventory selection, which is particularly optimized for the in-store or e-commerce customers.” Added by Akshay
2022 Retail Assortment Management Application (RAMA) SPARK Matrix
Source: Quadrant Knowledge Solutions
Table of Contents
- Executive Overview
- Key Research Findings
- Market Overview and Technology Trends
- Factors Influencing Technology Development and Market Growth
- Market Adoption Trends
- Competition Landscape and Analysis
- Competitive Overview and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Retail Assortment Management Application (RAMA) global market
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