Apply Rule Adherence and Pricing Consistency Across the Enterprise
Retailers have their own pricing rules that they want to enforce for categories or individual product. Selected categories and regions have minimum margin, price and other legal restrictions. Retailers are faced with the near impossible task of balancing these rules against the competition, vendor requirements and business objectives for the various assortments. In a time where any error is amplified, retailers cannot make even a single mistake. They must consistently execute the right prices across all touchpoints.
Revionics® Price Management assures pricing consistency and adherence to company pricing rules, vendor policies and competitive positioning. Scalable to meet large retailers’ volumes, this solution provides extensive business rule sets, intuitive workflows and easy-to-understand analytics so retailers can meet their essential pricing needs.
Along with Revionics® Price Optimization, Revionics® Strategic Price Simulation and Revionics® Dynamic Pricing, Revionics Price Management is part of the Revionics® Price Suite, which delivers solutions for all retailers regardless of current pricing processes or sophistication.
Revionics can also help retailers gain deeper competitive intelligence with competitive price insights, data and management.
Why Revionics Price Management?
- Efficient workflow to promote consistent and easy execution
- Ensures pricing rules are maintained
- Scalable to tier 1 retailer volumes
- Insight of price impacts on key metrics
- Accurate, understandable forecast
- Intuitive results to drive confidence and adoption
Key Solution Features
Revionics® Price Management assures pricing consistency and adherence to company pricing rules, vendor policies and competitive positioning. Scalable to meet large retailers’ volumes, this solution enables retailers to meet their essential pricing needs.
Revionics best-in-class capabilities include:
- Comprehensive set of rules
- Role-based security
- Detailed forecasting
- Streamlined workflow
- Flexible rule configuration by product lifecycle stage
- Pricing at any level: channel, zone or store
Price Management Benefits
Revionics enables performance-driven retailers to create a sustainable competitive advantage and undeniable ROI in today’s new retail reality. Our proven SaaS-based pricing solutions offer the speed, intuition, transparency and scale that retailers need to achieve a responsive merchandising model in an era when business strategy intersects with data science.
Revionics® Price Management enables you to drive performance and competitive advantage.
- Drives pricing efficiency, consistency and adherence at different stages of the product lifecycle
- Forecasts pricing impacts on key financial metrics
- Ensures that key rules such as competitive position, vendor, channel, legal and financial rules and constraints are maintained
- Automates the pricing process
Explore More on Price Optimization
Review this selection of thought provoking insights, customer experiences & articles to learn more.
For more information please visit our Retailer Resource Library for a complete selection of thought leadership papers, data sheets and on-demand webinars. Additional case studies can be found on our Customer Case Study page.
Revionics® Price Suite enables retailers to drive improved performance and a sustainable competitive advantage with rules-based pricing, simulation and dynamic pricing.