Posted on 2021-11-30
Ryax TechnologiesDescription
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 along with the items condition to draw a consistent prediction of your products future performance and its related price.
Simple tool that can be used for companies selling second-hand products. It can either be an automated analysis sent periodically through mail or a regular process pushed to your favorite ERP.
Analytics status
- Available
Business benefit
This analysis will substantially impact the below:▪ stock rotation rate
▪ total turnover
▪ merchandise outlet quantity
Data inputs (mandatory)
A file showing the historical sales data including :▪ SKU number : identification of the product being sold
▪ purchase date
▪ quantity
▪ condition
A second file showing the remaining stock (quantity of items in stocks including all moves such as replenishment, transfer etc.):
▪ SKU number
▪ stock
▪ date
Data Output
Output you get from this analysis is the suggested price for every itemTechnical description
Technical details provided on request (contact us).
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