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Description
A cutting-edge solution has been developed for effectively implementing strategies related to Pricing, Promotions, and Markdown optimization. Rather than fixating on parameters, a strategic mindset is essential. The approach to Stock Optimization revolutionizes replenishment and allocation processes through a superior blend of regular and promotional forecasting. Many retailers tend to rely on simplistic pricing strategies that are anchored in fixed gross margins. However, until actual trading commences and sales data is available, it remains uncertain whether the initial pricing is appropriate. The Pricing Lifecycle framework enables the preservation of brand integrity and margin safeguarding while maintaining favorable price perceptions. By integrating data, pricing methodologies, and optimization strategies, businesses can accurately determine the optimal price across all channels on a daily basis. Additionally, this system facilitates simulations that assess the potential impacts on sales, margins, and price perception of various decisions before they are implemented. Ultimately, this innovative approach can enhance revenue and gross margins by anywhere from 2% to 6%, setting a new standard in the retail industry. Furthermore, this comprehensive solution empowers retailers to adapt more dynamically to market changes, ensuring they remain competitive in an ever-evolving landscape.
Description
The Singular Intelligence AI platform serves as a comprehensive, end-to-end software solution that enables users to derive meaningful insights from their data. Tailored for business decision makers, it seamlessly integrates with existing business processes and supports automated decision-making on any device, making it both modular and scalable. This platform offers an applied AI product delivered through a SaaS model, empowering users to make forward-looking decisions enhanced by AI simulations that take into account all relevant causal factors. By utilizing AI as a smart assistant, organizations can overcome the limitations and challenges posed by traditional systems, ultimately providing actionable recommendations to their teams. The platform aims to optimize various aspects such as production, replenishment, and product availability across the entire supply chain. In addition, it helps to mitigate unnecessary product and food waste, minimize opportunity costs, and curtail excessive promotions and fire sales, resulting in a more efficient and effective operational strategy. Ultimately, this solution transforms the way businesses interact with their data, paving the way for smarter decision-making in a rapidly evolving marketplace.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Profimetrics
Founded
2006
Country
Portugal
Website
www.profimetrics.com
Vendor Details
Company Name
Singular Intelligence
Founded
2014
Country
United Kingdom
Website
www.singularintelligence.com
Product Features
Pricing Optimization
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning
Product Features
Artificial Intelligence
Chatbot
For Healthcare
For Sales
For eCommerce
Image Recognition
Machine Learning
Multi-Language
Natural Language Processing
Predictive Analytics
Process/Workflow Automation
Rules-Based Automation
Virtual Personal Assistant (VPA)
CPG
Customer Management
Electronic Data Interchange
Financial Accounting
Forecast / Demand Planning
Inventory Management
Lot Tracking
Pricing Management
Shopper Marketing
Trade Promotion
Pricing Optimization
Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning
Trade Promotion Management
Analytics / ROI Tracking
Approval Workflow
Budgeting & Forecasting
Claims Management
Competitor Analysis
Compliance Management
Customer Management
Discount Management
Pricing Optimization
Promotion Calendar
Settlement Management
Trade Agreement Management