Markdown Optimization

Markdown optimization is the application of optimizing of reduction in the selling price by recommending the best timing and depth of markdowns taking into account each product’s shelf-life, stock levels, current pricing, lifecycle, and seasonality trends for the purpose of decreasing the excess inventory.

Selecting a Supply Chain Planning Platform

Defining Business Needs Supply chain planning used to be a lot easier, but with today’s world of global sourcing and an almost infinite array of paths from the source to the customer, the complexity is daunting. That’s why today’s supply chain planning systems cover everything from production, transportation, sales and operations (S&OP), to replenishment planning …