How to increase assortment, ramp up VA, how to manage catalog quality, scale up margins

Question

Accepted Answer

To increase assortment, ramp up VA, manage catalog quality, and scale up margins, we need to focus on data-driven decision making, optimizing supply chain, and leveraging technology.

Analyze customer data to identify demand patterns and adjust assortment accordingly
Implement a robust supply chain management system to reduce costs and improve efficiency
Use technology such as AI and machine learning to optimize pricing and improve VA
Regularly audit and update catalog to ensure quality and relevance
Negotiate better deals with suppliers to improve margins

How to increase assortment, ramp up VA, how to manage catalog quality, scale up margins

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