MarkSmart, an AI-Powered intelligent markdown Optimization application generates optimal recommendations on markdowns. Price Elasciticity modeling to determine the price point where the product has the highest propensity to sell while factoring in margin and sell-thru expectations. The application is powered by advanced optimization techniques that make the markdown optimization process more proactive and enable faster decision-making.
Automates the entire optimization process and help retailers to adjust the Markdowns automatically whenever a change in the market trends may occur.
Maximize Gross Margin
Ensures the maximum possible profit margin as well as clear stocks of any out-dated items.
Provides visibility into inventory projections to let you avoid stockpiling.