You're responsible for organizing product creation, purchasing, or replenishment for a product line.
You anticipate trends and create prototype products and/or decide when the products should be made available to customers and in what quantity.
Gives you feedback from your customers and sales assistants on your prototypes and products.
Forecasts how much you'll sell, at what time, and lets you simulate the effect of promotions.
You're responsible for managing the system for all the product creation/purchasing/replenishment.
You approve the product creation/purchasing/replenishment decisions of your team ...
... and manage style and budget trade-offs and conflicts ...
... to deliver a fun shopping experience and a coherent brand identity.
Shows what your team did to de-risk the decisions
Shows the pros and cons of options by quantifying the profit you stand to gain from each one
Allows you to stop sweating the boring stuff and focus more on customer experience and brand identity
You're responsible for managing the entire retail ecosystem at the C-level.
Given a purchasing budget, at your risk ...
... buy the optimal combination of products ...
... and place each product within reach of the right customer at the right time.
Quantifies the risk and use of your purchasing budget, showing your biggest bets and avoidable losses
Calculates the most statistically profitable assortment of products to buy
Simulates the quantities you can sell at various prices, quantifying the revenue and expected profit.
You'll probably know all this as "Sales, Inventory, and Operations Planning" (SIOP).
If your company already uses Perspicacity™, ask your colleagues to send you an invitation so that you can access shared data.