Category management

Category management

Involves grouping products into suitable categories and managing category performance.

This involves inputs from both brand manufacturers and retailers for physical and digital shelves.

Related Terms

Market Basket Analysis

A data mining tool used to identify patterns of items frequently purchased together by analyzing transaction

Markdown Pricing

A pricing strategy where retailers lower the prices of products to boost sales and manage inventory

Forecast Accuracy

Forecast accuracy refers to the degree to which a forecast aligns with actual sales data, indicating