Problem definition: Assortment selection is one of the most important decisions faced by retailers. Most existing papers in the literature assume that customers select at most one item out of the ...

LONDON--(BUSINESS WIRE)--Quantzig conducted an assortment optimization study for a global retailer to improve assortment planning. The client wanted to determine the type of products, define the ...

SAN MATEO, Calif.-DemandTec, Inc. a leading provider of on-demand optimization solutions for retailers and consumer products manufacturers, announced that Target Corporation, the second largest ...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--As the first deliverable out of its partnership with dunnhumby, JDA Software Group, Inc., today announced the availability of JDA Assortment Optimization – Powered ...

Grocery assortment planning has been upended by omnichannel. Grocers had been comfortable relying on broader, older models that identified underperforming products to remove from a store shelf, or ...

Assortment optimisation and revenue management represent two intertwined disciplines that have garnered significant attention over recent decades. At their core, these fields address the dual ...

Co-founder at LEAFIO AI Retail Solutions, a supply chain optimization and automation expert for retail, distribution, and CPG manufacturing. Creating and maintaining an appealing and sought-after ...

We consider assortment and price optimization problems under the d-level nested logit model. In the assortment optimization problem, the goal is to find the revenue-maximizing assortment of products ...

Today’s web- and mobile-enabled shoppers are demanding more relevant and customized brand choices. From marketing channels and messaging to item selection and technology implementations, consumers are ...

NIQ’s complete, clear data and advanced technology ensure the right products are on the shelf at the right time and place for the right customers Predictive scenario building with customer-centric ...

Revionics announced the acquisition of Retail Optimization’s business and related assets, extending Revionics’ price offerings with cloud-based assortment, and micro and macro space optimization ...

This is a preview. Log in through your library . Abstract We consider assortment optimization problems when customers choose according to the nested logit model and there is a capacity constraint ...