Knowledge Solution

  In the dynamic world of retail, customer preferences and market trends are constantly shifting. Retailers today are under immense pressure to deliver the right products, at the right place, and at the right time — all while maximizing profitability and operational efficiency. This is where a Retail Assortment Management Application (RAMA) plays a pivotal role. By harnessing the power of advanced analytics and intelligent automation, assortment management applications are revolutionizing the way retailers plan, execute, and manage product assortments across channels. What Is a RAMA? A retail assortment management application is a smart, data-driven solution designed to help retailers build and manage effective product assortments. These applications streamline end-to-end assortment planning — from product selection and visual merchandising to store layout, product placement, and allocation. They help ensure the right products are available where and when consumers want them...