Webopedia on Google+Webopedia on TwitterWebopedia on FacebookTech Bytes Blog
Main » TERM » A »

assortment intelligence

In electronic commerce (ecommerce) terminology, assortment intelligence refers to a set of tools and software used to help online retailers track a competitor's inventory and product supply. The software, in real-time, uses artificial intelligence, data-mining, and image-recognition algorithms allowing retailers to view, compare and analyze the differences between inventory.

Assortment intelligence reporting tools can then help a retailer determine what products competitors have -- and do well on -- and decide if they should add these products to an existing catalog.

Compare with Assortment Optimization

Assortment intelligence may also be referred to as assortment optimization; however, the focus of optimization is to ensure a retailer finds the optimal set of products to be carried and the correct levels of inventory for each product.

Also see competitive price intelligence.

The Problem with Statistics

We look at a few of the more troubling aspects of statistics and how these may be used to advance an agenda or skew the facts to someone's... Read More »

29 Free Android Apps for Cash-Strapped Students

From wacky alarm clocks to lecture hall tools and after class entertainment, these Android apps are a good fit for a student's life and budget. Read More »

Sharing Threat Intelligence

A growing number of startups make the sharing of threat intelligence a key part of their solutions. Read More »

The 7 Layers of the OSI Model

The Open System Interconnection (OSI) model defines a networking framework to implement protocols in seven layers. Use this handy guide to compare... Read More »

Network Fundamentals Study Guide

Networking fundamentals teaches the building blocks of modern network design. Learn different types of networks, concepts, architecture and... Read More »

Computer Architecture Study Guide

This Webopedia  study guide describes the different parts of a computer system and their relations. Read More »