Remove solutions markdown-pricing-and-optimization-software
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ToolsGroup Launches Integrated In-Season Retail Inventory Optimization Solution 

ToolsGroup

BOSTON & LONDON — January 15, 2024 — ToolsGroup , a global leader in retail and supply chain planning and optimization software, today announced the launch of their In-Season Inventory Optimization Solution, an integrated suite of tools in the greater JustEnough retail planning and execution suite.

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ToolsGroup Recognized as a Leader in the SPARK Matrix for Intelligent Retail Pricing & Promotion Optimization by Quadrant Knowledge Solutions

ToolsGroup

BOSTON and LONDON – December 12, 2023 – ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce to has been named a technology leader in the in the SPARK Matrix™ analysis of Intelligent Retail Pricing and Promotion Optimization (IRP&PO) by Quadrant Knowledge Solutions (QKS).

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

The Russian invasion of Ukraine and the following economic sanctions spiked energy prices and created new sourcing challenges for certain agricultural products and raw materials. One day, a product is flying off the shelves, and the next, it’s gathering dust.

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Retail Store Location Planning ? Creating Balance, Driving Profit

Logility

Therefore, the argument goes, fully optimized merchandise planning requires a bottom-up approach. More specifically, balancing the need to achieve the company’s fiscal objectives, execute effectively at the store level and satisfy customers. The sheer complexity of modern omni-channel retailing makes this difficult. Frequent Shopper.

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Making the Most of Markdowns

RELEX Solutions

Markdowns cost retailers billions. The first person to figure out exactly how much customers want AND calculate the perfect price to sell out stock before it expires or goes out of fashion? That person will be immortalized in retail lore, but we mere mortals must resort to markdowns to get rid of our excess stock. 90 cents.

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Integrated Assortment Planning: A Vital Capability for Retailers

Supply Chain Management and Analytics

In the context of category management, this means having integrated workflows between financial planning, assortment planning, initial allocation, replenishment, promotions planning, and markdown optimization. They turn insights into more customized product and price offerings and take actions in minutes rather in hours or in days.

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Integrated Assortment Planning: A Vital Capability for Retailers

Supply Chain Management and Analytics

In the context of category management, this means having integrated workflows between financial planning, assortment planning, initial allocation, replenishment, promotions planning, and markdown optimization. . As customers’ options increase, so do their expectations. 1) Digital transformation . 2) Early detection.