The goal of efficient assortment is to:
A)Increase the success rate of new products
B)To streamline the distribution of goods
C)To optimize the product mix and space allocation
D)Reduce warehousing and distribution costs

Question

Quizplus · Accepted Answer

Efficient assortment aims to optimize the product mix and space allocation, ensuring that the right products are available in the right quantity and at the right time to meet consumer demand, while also minimizing inventory and associated costs. While increasing the success rate of new products and streamlining distribution are important, their ultimate goal is to achieve an efficient assortment, making C the best choice. The reduction of warehousing and distribution costs is also a potential benefit of efficient assortment, but it is not the primary goal.

The Goal of Efficient Assortment Is To