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Markdown Optimization
Challenges Answered
Are you struggling with failing to meet your seasonal revenue and margin targets?
Do you have high levels of unsold merchandise in your business?
Do you lose time planning your markdowns yet have little visibility if you are making optimal decisions?
Advantages
- Quick to set up, typically requires 2 weeks to initiate (may vary depending on historical data quality)
- Requires little to no forecasting, data science and statistical expertise from retailer’s teams
- Fast ROI with weekly forecast data shared back to merchandising, supply chain and planning teams
Benefits
Improved revenue and margin results across the enterprise
Retailer has scientifically calculated recommendations to rely on for decision support
Improved reactivity time for dealing with unexpected changes in sales volume