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- Get the best price scenario for every item of your catalog Retail
- €200.00 / use (try free)
Business benefitThis analysis will have substential, positive impacts on the following metrics:
▪ stock rotation rate
▪ total turnover
▪ merchandise depreciation rate (markdown %)
Data inputs (mandatory)A file showing the historical sales data including :
▪ SKU number : identification of the product being sold
▪ purchase date
A second file showing the remaining stock (quantity of items in stocks including all moves such as replenishment, transfer etc.):
▪ SKU number
Data OutputOutput you get from this analysis is the list of SKUs/Items along with their suggested price.
Technical descriptionTechnical details provided on request (contact us).
Is this price okay for my product? Or is it lowering my sales? There's only one way to find this out by testing this analysis. it analyzes all past sales to draw a consistent prediction of your products' predicted performance and their related prices.
We recommend to perform this analyis in a timeline matching the product lifecycle, for example, at the stock arrival date. It can either be an automated analysis sent periodically through mail or a regular process pushed to your favorite supply chain ERP/demand planning tool