Category managers will develop new creative pricing and promotional strategies using smartSuite to provide unique differentiation
or to respond to significant and even sudden marketplace changes. Statistical modeling will provide forecasted sales and profit for the merchandising plans. The models can also generate valuable insights with "what if" analysis and recommended optimal solutions.
whiteBox Optimization's modeling and forecasting suite, powered by Momentum Market Intelligence (MMI), is based on decades of worldwide CPG research and experience leading to truly state of the art solutions, with pragmatic results and applications that are designed to provide additional insights to the decision maker. This has been made possible by working with hundreds of research and marketing specialists globally.
whiteBox Optimization is much more than just science and statistical analysis. The concept of a white box is based on the ability to understand and to be able to manage the decision making process. Unfortunately, comments about black box include "We really do not know why, but the computer has considered all the historical data and this is the answer so it must be right." "You need to trust the computer."
We agree statistical
analysis can provide
valuable insights, but if
you are developing a new
strategy or if there are
significant market changes,
then your new strategy is
not hidden in your past
data. The new strategy
will be developed by your
creative Category Managers
following the process
defined in the principles of
Category Management.
This includes analysis,
implementation and most
importantly, review and
assessment.
whiteBox Optimization™ is a
blend of Merchandising Art
and Science in a Category
Management process that you
control, manage, and
understand.