SAS Markdown Optimization for Retail
http://www.sas.com/industry/retail/rev_opt/mark_o...
Log In
NEWS
EVENTS
CONSULTING
Worldwide Sites
CAREERS
RESOURCE CENTER
SEARCH
Providing software solutions since 1976
Home
Products & Solutions
Products and Solutions
Industries
Casinos
Communications
Education
Financial Services
Government
Health Insurance
Health Care Providers
Hotels
Insurance
Life Sciences
Manufacturing
Media
Oil & Gas
Retail
- Customer Relationship Mgmt.
- Merchandise Intelligence
- Operations Management
- Performance Management
- Grocery
Utilities
Small to Midsize Business
Nonprofit Organizations
Analytics
Business Analytics
Business Intelligence
Customer Intelligence
Data Integration
Financial Intelligence
Foundation Tools
Fraud Prevention & Detection
Governance, Risk & Compliance
High-Performance Computing
Human Capital Intelligence
IT Management
OnDemand Solutions
Performance Management
1 von 3
Customer Success
Contact Us
Partners
Company
Support & Training
SAS® Markdown
Optimization
Tight profit margins and intense
competitive pressures require that
retailers maximize the returns from their
end-of-season and end-of-life
merchandise. But markdowns are
often taken at the wrong time, on the
wrong items and at the wrong
locations. Moreover, such markdowns
tend to be priced either too low,
resulting in lower margin; or too high,
resulting in lost revenues and leftover
inventory.
MORE ON THIS TOPIC
Success Stories
To optimize markdowns, retailers need
a reliable way to predict the impact of
markdowns before they are executed,
determine the best time for
markdowns, and monitor the
performance of past and ongoing
markdown activities against financial
and operational goals.
Optimize markdown activities
SAS Markdown Optimization provides
retailers the ability to determine which
items should be marked down, by how
much they should be marked down,
when, and in which markets or stores.
Retailers can base this analysis on
critical factors such as inventory levels,
base sales volume, price elasticity and
local demand or preferences. With this
solution you can develop and
implement optimum pricing strategies
at the local market level to maximize
revenues and profitability while
16.11.2010 17:17
SAS Markdown Optimization for Retail
Risk Management
http://www.sas.com/industry/retail/rev_opt/mark_o...
meeting end-of-season inventory
goals.
Supply Chain Intelligence
Sustainability Management
Product Index A-Z
Improve markdown
profitability. Using powerful
demand forecasting and
optimization, you can answer all
your questions about markdown
planning, including item, price,
location and time. The solution
also analyzes past markdown
events and monitors events in
progress.
Free merchants for more
valuable tasks. Because SAS
makes markdown decisions
easier to analyze and
implement, merchants can focus
on clearance exceptions and
other critical tasks at the
beginning of the merchandising
life cycle.
Implement comprehensive
pricing strategies. For fashion
and seasonal goods retailers,
this solution provides markdown
recommendations across the
entire life cycle to help maximize
the revenues and margins
generated once merchandise is
placed in the store.
Forecasting, monitoring and
analysis
Specifically, SAS Markdown
Optimization allows retailers to:
Predict the demand generated
from any user-defined
markdown, as well as the
resulting inventory, revenue and
margin returns.
Deliver alerts when progress
deviates from goals. The
solution will recommend
corrective actions to get you
back on track.
Analyze performance of past
markdowns against set targets.
Create optimized markdown
2 von 3
16.11.2010 17:17
SAS Markdown Optimization for Retail
http://www.sas.com/industry/retail/rev_opt/mark_o...
scenarios (price schedules)
based on user-defined business
rules and constraints.
Manage the entire merchandise life
cycle
SAS Markdown Optimization is a
component of the SAS Revenue
Optimization Suite, the only software
suite available today that helps
retailers manage revenue and margin
through the entire merchandise life
cycle. This suite integrates advanced
data management, forecasting and
analytic capabilities to help retailers set
and manage regular prices, plan
optimal promotions and execute the
most successful markdown strategies.
Share
Contact Us
Worldwide Sites
Search Sitemap RSS Feeds
Feedback
Terms of Use Privacy Statement
Copyright © SAS Institute Inc. All Rights Reserved
3 von 3
16.11.2010 17:17