The new Q module has already demonstrated increased sales and margins for Guitar Center.
MINNEAPOLIS–(BUSINESS WIRE)–Quantum Retail is pleased to announce that Guitar Center, the world’s largest music retailer, has successfully implemented Quantum’s new Q module for Assortment and Range Planning to manage its assortment planning and range optimization activities.
“The system’s localized assortment planning capabilities will help us to understand how to measurably increase sales and margin on product lines that are currently live on the software.”
Q: Assortment and Range Planning constantly updates data on product and customer behavior, which it then uses to automate the way retailers manage and assort their stores at the local level. This enables retailers to easily determine what products should go into which locations and when, ultimately maximizing merchandise objectives like profitability, sales and service levels.
Guitar Center initially implemented a pilot of the software in May 2009 on four product levels: classical, acoustic, acoustic/electric, and miscellaneous guitars. Following the successful pilot, full implementation of Q: Assortment and Range began in July, and was completed December 15th, allowing Guitar Center to manage the assortment of every individual product in every store by the new system.
“We had a successful implementation of Q: Assortment and Range Planning,” stated John Bagan, Guitar Center’s chief merchant. “The system’s localized assortment planning capabilities will help us to understand how to measurably increase sales and margin on product lines that are currently live on the software.”
Guitar Center has been using Quantum’s Q modules for inventory allocation, replenishment, forecasting and order planning activities since 2005.
READ MORE» Q: Assortment & Range Planning solution
About Quantum Retail Technology, Inc.
The market is asking new questions. You need new answers. Q answers the new questions facing retailers today with solutions that enable them to profitably buy, move, and sell merchandise, solving the most complex and costly problems they face - quickly and permanently.
Q is the answer for: Assortment and Range Planning – Forecasting and Order Planning – Replenishment and Allocation.
Every Quantum Retail customer has achieved 100% return on investment in less than 6 months. For more information visit http://www.quantumretail.com. Follow Quantum Retail on Twitter at http://twitter.com/quantumretail.
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