Category Management is a vital aspect of retail operations, as it helps retailers optimize their product offerings and drive sales. Blue Yonder Space Planning is a powerful tool that can help retailers enhance their category management efforts by providing detailed data and insights on product performance, space utilization, and more.
Utilizing Blue Yonder Space Planning’s objects, highlights, tables, and labels can enhance the learning curve in category management. These features allow retailers to easily identify key trends and insights within their data, helping them make more informed decisions about their product offerings.
1. Objects
Objects are a fantastic way to visualize data and identify patterns in product performance. For example, retailers can use the “Product” object to see how assorted products are performing in various store locations. This can help retailers identify which products are selling well in certain areas and which ones are not, allowing them to adjust their product offerings accordingly. Understanding the object hierarchy is essential in utilizing formulas in Space Planning and the other tools mentioned in this post.
2. Highlights
Highlights are another powerful feature in Blue Yonder Space Planning that can help retailers quickly identify key trends and insights within their data. For example, retailers can use the “Top 10 sellers” highlight to see which products are driving the most sales in a particular store location. This can help retailers identify top-performing products and focus their efforts on promoting those products to drive sales.
3. Tables
Tables are a wonderful way to organize and analyze data in Blue Yonder Space Planning. For example, retailers can use the “Performance across Planograms” table to see how much space is being used for different products in a particular store location. This can help retailers identify which categories take up the most space and which are underutilized, allowing them to adjust their product offerings accordingly.
4. Charts
Charts aid data analysis in Blue Yonder Space Planning by visualizing key metrics. For example, retailers can use the “Linear by category” chart to compare how much shelf space is used between categories. This can help retailers verify they have the right allocation of space and where there are opportunities to adjust to accommodate growing categories.
5. Labels
Labels are another powerful feature in Blue Yonder Space Planning that can help retailers easily identify key trends and insights within their data. For example, retailers can use the “Movement. Sales. Profit” label to see which products are generating the most sales per square foot in a particular store location. This can help retailers identify which products are generating the most revenue per square foot and focus their efforts on promoting those products.
When downloading Space Planning you receive sample files for each one of these tools, you can load them into sample or your own planograms. It is highly recommended to start using and practicing with the essential Space Planning Analysis Tools mentioned for more immediate success in Category Management.
Highlights, tables, and charts are typically installed to this folder:
C:\Program Files (x86) \JDA\Intactix\Space Planning\Table
Labels are typically in a single file, located here:
C:\Program Files (x86) \JDA\Intactix\Space Planning\prospace.psl
In conclusion, Blue Yonder Space Planning is a powerful tool that can help retailers enhance their category management efforts by providing detailed data and insights on product performance, space utilization, and more. By taking advantage of its various objects, highlights, tables, and labels, retailers can easily identify key trends and insights within their data, helping them make more informed decisions about their product offerings.
Cantactix offers a variety of services, including training. Contact us to learn more.