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Craft meaningful markdowns that maximize return on inventory, margins and sell-through. Markdown Suite

Markdown Suite€¦ · Fall in Love: A Markdown Solution Made for You Maximize Return on Inventory, Margins and Sell-Through Revionics Markdown Suite effectively manages the complexities

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Craft meaningful markdowns that maximize return on inventory, margins and sell-through.

MarkdownSuite

Fall in Love: A Markdown Solution Made for YouMaximize Return on Inventory, Marginsand Sell-ThroughRevionics Markdown Suite effectively manages the complexities and volumes of the largest retailers for all types of merchandise. Whether for fashion and seasonal merchandise or for grocery or replenished hard goods, this Suite supports those distinctive workflows on a single analytical platform.

Localize markdowns at any level — enterprise, channel, zones or location

Simulate, forecast and compare various markdown/clearance options

Accurately forecast on financial targets and consumer demand

Incorporate vendor funds and promotions into markdown plans and forecast

Leverage responsive, intelligent markdown recommendations that drive profit

Localized assortments, complex shopping journeys, ongoing new product introductions, and constant markdown events are the new retail reality. And while better planning and supply chain execution can help manage risk, there always will be unexpected disruptions. Quality issues, late shipments, unexpected weather and other factors throw plans off track. The result is an unbalanced mix of merchandise and varying store and channel inventory levels within the enterprise.

Markdowns represent an essential component of a retailer’s pricing strategy and brand communication. But simply executing across-the-board enterprise markdowns can hemorrhage profit and ignore customer signals. Winning retailers respond to shopper desires while incorporating their business strategies into markdown plans that perform. They are crafting meaningful, profitable markdowns that resonate with customers using strategic markdown management and optimization.

Do More with MoreWith Revionics Markdown Management retailers can effectively and quickly create, simulate and forecast marks and cadence. Unchained from manual spreadsheets and systems, this solution empowers your people to manage markdowns at the enterprise, channel, zone, or location level and compare multiple outcomes before making a final decision. These simulations take in outside factors, including vendor funds, promotions, price changes, as well as any future stock allocations.

With workflows tailored for the category management process as well as to clear seasonal or fashion merchandise, retailers can gain the best insights and efficiently manage their markdowns to meet their inventory and profit goals.

Make the Best Decisions for Your Strategiesand Goals Revionics Markdown Optimization enables retailers to be responsive to current conditions, customers and trends while minimizing the effect of disruptions and the occasional bad buy. Incorporating strategies, data, forecasting and science into the process-driven workflow, retailers can profitably clear inventory, achieve sell-through goals and improve customer relationships.

Revionics Markdown Suite is part of a unified pricing platform that also includes Revionics Price Suite and Revionics Promotion Suite.

Visibility across pricing, promotions and markdowns preventsunnecessary marks, fosters clear customer communication and

avoids downstream price collisions.

Always Learning, Always Current Revionics solutions more heavily factor in the most current data to reflect fast-changing market and customer factors. Revionics models are self-learning and the science can automatically infer new item demand from similar attributes or product hierarchy. This ensures relevant, current recommendations, which drive year-over-year benefits.

Slow Movers For slow selling items, Revionics Markdown Optimization uses aggregated demand models, mitigating the inaccuracy of individual SKU/store models for those items.

Continuously Evaluating It is difficult for users to know if a markdown should be taken or if it should continue to sell at regular price. As often as every day, the solution reevaluates if, when, how deep and how many markdowns should be taken. If it isn't needed, it won't be taken.

Budgets Finally, many seasonal or fashion depart-ments have a designated markdown budget. Therefore, the solution can constrain the markdown plan to a time-bound fiscal budget. Additionally, the solution ranks markdown opportunities, allowing you to choose the most beneficial markdowns to execute.

Drive Performance andCompetitive Edge with

Markdown Suite

Drive up to 11-20% sales growth and 5-10% gross margin improvement (source: Gartner)

Strategically deliver the right price, at the right time, in the right location

Efficiently manage markdowns aligned to inven-tory and profit goals

Measure ongoing effectiveness and adapt to trends on-the-fly

Ensure year-over-year business benefits with SaaS-based platform and self-learning models that never go stalet

Revionics is a global leader in profit optimization services and solutions. Our unparalleled analytics and science serve as the backbone of omni-channel retailing to help performance-driven retailers execute profitable pricing, promotion, markdown, and space decisions with predictable business outcomes. The result: achieve speed to value and ROI, improve margins, drive top-line sales and respond faster with precision. Revionics’ SaaS-based model integrates analytics, technology and services to deliver an unmatched advantage for retailers – Competitive Insights, Price Suite, Promotion Suite, Markdown Suite, and Space and Assortment Suite – all from a predictive platform to drive long-term growth. Trusted by some of the most profitable retail brands, Revionics optimizes across 18+ millionproducts and more than 2.6 billion item/store combinations are modeled weekly.

Learn more at www.revionics.com

Drive Performance andCompetitive Edge with

Markdown Suite

Drive up to 11-20% sales growth and 5-10% gross margin improvement (source: Gartner)

Strategically deliver the right price, at the right time, in the right location

Efficiently manage markdowns aligned to inven-tory and profit goals

Measure ongoing effectiveness and adapt to trends on-the-fly

Ensure year-over-year business benefits with SaaS-based platform and self-learning models that never go stalet