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The new retail landscape isn’t static; your markdowns shouldn’t be either. Winning in the competitive omni-channel retail era requires you to excel at pricing strategies and create a path to potential margin growth. That means using more effective, optimally timed markdowns for each product that differentiates between regions, climates and stores.

Our Markdown Optimization Solution helps you maximize your overall profit by optimizing your pricing strategy for each item over its lifetime. It allows you to accurately predict seasonal demand for new products with limited history. By analyzing product attributes, price elasticities, weather and other impacts, it enables you to maximize revenues from your inventory investment.

Markdown Optimization leverages full capabilities of AI and advanced analytics to help you anticipate omni-channel fulfillment opportunities for each and every product. It enables you to lower your markdown loss, achieve higher sell through, and gain visibility into end-of-season sales and inventory levels.

An advanced allocation optimization solution means much more than meeting customer demand at a store or regional level.  Solution-based service-level frameworks to manage store inventories cannot capture the omni-channel complexity successfully.  Initial and in-season allocation decisions should position inventory optimally anticipating offline sales and omni-channel customers’ fulfillment needs – to be close to the omni-channel customers without carrying excessive inventory.

Our Allocation Optimization solution makes products readily available at stores for fast pick up by or delivery to customers while avoiding overflow inventory to stores. It allocates inventory of your short-life products to stores, mini-DCs and hub stores in anticipation of omni-channel demand so that you can fulfill from every possible source. 

By sending the right amount of inventory to your stores, you reduce left-over risks at stores and early stockout risks at distribution centers. As a result of dynamic and smart positioning of inventory, you get higher sell-through and reduce overall fulfillment costs.

From where should a retailer fulfill omni-channel customer orders, given different inventory levels at stores, hub stores, and DCs? 

The lowest fulfillment cost option is possible, but it may hurt availability for future orders in that store/demand area. The highest inventory location may be an option, but the fulfillment cost might be too high. DC is usually the cheapest option, but then it runs out of inventory for replenishment too quickly. 

Minimizing split shipments might be preferred to reduce costs and increase customer satisfaction, but it does not account for fulfillment forecasts from all alternative locations and future inventory availability. 

Omni-Fulfillment provides the optimal answer that maximizes retailers’ profitability. It reduces fulfillment costs today while increasing availability and delivery speed in the future by taking fulfillment forecasts into account. It reinvents retailers’ supply chain with a fulfillment engine that meets changing needs, in the omni-channel retail world.

Omni-AI is an intelligent supply chain solution suite which orchestrates a retailer’s entire supply chain by unifying network planning, inventory and price optimization, and fulfillment in one framework.

With Omni-AI, we free retailers from managing conflicting KPIs and empower them to boost their financial performance.

Our AI-powered, tailor-fit solution suite delivers significant financial improvement and empowers retailers to profit-optimize their supply chain. Harnessing the power of explainable AI and adaptive analytics, we help you solve omni-channel challenges and win in the new world of retail.