RIS News: Tractor Supply Seizing On Soaring Sales with Store Clustering & Remodel Initiatives
Story originally appeared in RIS News on Oct. 26, 2020. Excerpts from the story below. To see the full story visit RISNews.com.
It’s implementing seasonal division store clustering that combines stores with similar customer demographics, POS purchasing data and other data points to optimize its seasonal product assortment. The systems being implemented are being done at both the micro and macro level, Estep said, and the company is currently going through all of its line review processes for store clustering and assortment optimization.
“The Blue Yonder tool that we’ve been implementing is space aware, so it’s integrated throughout all of our merchandising processes and systems. That really allow us to get smarter, better, more scientific and apply the merchandising art to that as well on each individual micro, call it, planogram space within the store,” he said.
In The News
- Solutions Review: The Technology Transforming the Supply Chain
- Chain Store Age: How retailers benefit from new federal supply chain actions
- The Economic Times: Accenture and Blue Yonder celebrate opening of collaboration centers
- Fortune: It’s time to unshackle our supply chains
- Unite.AI: The Role of Generative AI in Supply Chains
Analyst Reports
- Gartner Market Guide for Vehicle Routing and Scheduling
- Gartner Market Guide for Workforce Management Applications
- Gartner Market Share Analysis: Supply Chain Management Software, Worldwide, 2022
- Gartner Critical Capabilities for Warehouse Management Systems
- IDC Worldwide Price Optimization and Management Application Software Forecast, 2023–2027
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