Target Brands, Inc.

Jonathan Piepho

Rebecca Goering

David Rolfs

Seth Pearce

Gopi Krishna Dommaraju

Sunitha Mahadevan

Kristina Coles

Colleen Theisen

A tool, method, and system for assessing an incremental value of one or more items in an item assortment are disclosed. The tool can receive historical purchasing data, which can include a plurality of customers purchasing one or more items of a plurality of items in an item assortment. The tool can use the historical purchasing data for the plurality of customers to simulate execution of removal of an item from the item assortment, wherein removal of the item from the item assortment causes an incremental loss associated with the item. The tool can order any number of items of the historical purchasing data. The tool can execute scenario simulations, and the tool can account for probabilities when interacting with the historical purchasing data. The tool can display assessment data and receive inputs via an interactive user interface. The tool can launch the assessment data in a downstream application.

Incremental value assessment tool and user interface

Growing community of inventors

St. Louis Park, MN, United States of America

Jonathan Piepho