Certified Professional Category Analyst (CPCA) Practice Question

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Which of the following are the benefits of efficient assortment planning?

Increased sales

Efficient assortment planning significantly contributes to increased sales. This is achieved by ensuring that the right products are available in the right quantities to meet consumer demand. When retailers accurately forecast demand and curate their assortments accordingly, they are more likely to offer products that appeal to their customer base, leading to higher sales figures. This approach not only addresses consumer preferences effectively but also enhances the overall shopping experience, encouraging repeat purchases and loyalty from customers. While decreased inventory costs, increased consumer exposure, and reduced out-of-stocks are also benefits associated with efficient assortment planning, increased sales directly reflects the positive financial impact of having the optimal mix of products available to meet demand. Each of these other benefits plays a supporting role in driving sales but does not directly state the sales outcome like the correct choice does.

Decreased inventory costs

Increased consumer exposure

Reduced out of stocks

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