Minimization of margin loss while clearing through excess inventory
Localized pricing actions based on the market-specific dynamics are available
Possible optimal markdown decisions taking into consideration product life-cycles, seasonal demand, new stores, and competitive dynamics
Lack of standardization across categories and countries
Manual process performed in series of spreadsheets by individual planners
Need for corporate memory and data-driven decision making based on advanced analytics
Improved precision through millions of automated markdown recommendations meeting different business objectives
Centralized and standardized markdown management for 50 countries with local price lists managed in the same solution
Ability to perform what-if analysis for evaluating different price actions
Visibility to financial impacts of markdown actions
Smarter markdown decisions improving gross margin by 2%
Improved efficiency through digital collaboration and results tracking
