Markdown Optimization
Markdown Strategy, Planning, Execution, and Analytics
For leading retailers, optimizing markdown events provides an opportunity to maximize margin, sell-through, and inventory value while improving velocity of product assortment.
Revionics® Markdown Optimization helps Retailers navigate markdown strategy and planning, providing access to performance forecasts, on-demand modeling, flexible rule-sets, and strategic recommendations Using this data, Retailers can instantly respond to the market to capture consumer demand.
Science-Based Promotions
Markdown Optimization combines best-in-class science with thoughtful, innovative design to maximize your inventory potential.
- Dynamic Store Clustering
Stores are clustered by markdown event to reflect store-based inventory, item elasticity, geographical trends, and consumer demand.
- Seasonality and Holidays
Markdown forecasts leverage seasonal trends, dynamic holidays/events, and the ability to integrate weather data.
- Group Items or Optimize Uniquely
Set individual item/stores to optimize at their own rate or develop groups to implement a common markdown timing and/or depth.
- Strategy, Rules, and Operations
Within the bounds of business rules and operational considerations, find the best scenario to maximize financial goals.
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Key Solution Features:
Plan, budget, execute, and analyze markdown events more effectively with key features included in the Revionics Markdown Optimization solution:
- Strategy planning
- Store-level optimization
- Store cluster recommendations
- On-demand modeling with data from
daily or weekly inventory and sales
- Portal-based entry, data integration, or
copy paste to create event groups
- Forecast-to-actual reporting
- Event comparison and modeling
- Flexible rule-sets to define coherence,
ending numbers, preferred steps, lead-
times, maximum markdowns, etc.
- Forecast views roll up by product, store,
or coherence groupings
- DC Inventory allocation recommendations
- Support for Softlines, including style,
size, color, and in-store display
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