Unified Price, Promotion and Markdown Optimization (UPPMO) is technology that uses predictive analytics and optimization capabilities to plan and manage every aspect of pricing (i.e., initial, regular, promotion and markdown). This technology can provide improved pricing and promotion planning and management throughout the entire life cycle of the merchandise. Individual price, promotion and markdown optimization solutions are being combined to form a unified solution to better align with the way that price is managed during the product's life, whether short-seasonal products or multiyear basic replenishment items.
"Ease of Base Pricing"
Base pricing has been a crucial part of our business. Being able to optimize prices to boost revenue and profit with a click of a button is incredible. We are currently implementing promo and we are excited to see where it can take us as a company.
"Implementation has been completed; Now we need to figure out value added"
I'm new to the tool but am starting to dive in. Doug will be instrumental in helping us find value in the marketing tool moving forward now that we have been providing data for the last year.
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See All Alternatives"Markdown providing top and bottom line results. "
Markdown Optimization has given us the ability to provide scientific based recommendations to our merchant partners. This has resulted in large increases on our bottom line, which in the past has been a challenge with our Markdown approach.
Competitor or alternative data is currently unavailable
See All Alternatives"Efficient Promotions Planner"
Helps in positioning your merchandise to a greater extent, ultimately boosting your revenue in a competitive environment
Competitor or alternative data is currently unavailable
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