How SAS® Enables Inventory & Price Optimization
Manage inventory to drive higher inventory turns and fewer markdowns with tailored plans and assortments that boost customer satisfaction and reduce carrying costs.
Automated, collaborative inventory planning
- Avoid understocks and overstocks and improve customer satisfaction with increased on-shelf performance.
- Better plan for promotional, seasonal and event-driven demand fluctuations.
- Reduce planning time using automation and collaboration.
Optimized inventory replenishment
- Create optimized inventory replenishment plans based on supply chain constraints while minimizing safety stock.
- Drive higher inventory ROI with agile multiechelon allocation plans.
- Align your merchandising strategy with location-based demand.
Pricing strategies that maximize profits
- Plan pricing at all levels of your product and location hierarchy – down to store/SKU.
- Drive increased average unit sales prices with life cycle pricing analytics.
- Strategically execute timely pricing actions by location to minimize markdowns and obsolete inventory.
CUSTOMER SUCCESS
Working Smarter With SAS®
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Developing strategic initiatives & planning financial strategies that drive profitability
SAS helped a US regional department store undergo a total technology transformation that:
- Includes a new merchandising platform that supports its strategies and initiatives.
- Maximizes inventory precision by product and location through localized assortments.
- Drives supply chain and store operation efficiencies through optimized pack recommendations.
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Knowing the right pricing strategy for each stage of the product life cycle
SAS helped the world's largest supplier of athletic shoes and apparel:
- Automate the decision-making process.
- Develop a product life cycle pricing structure that helps reduce markdowns.
- Understand competitor pricing.
- Plan strategies that improve gross margin.
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Creating customer-centric assortments to meet local demand, both online & offline
SAS helped Russia's largest cosmetics & beauty retailer:
- Create an integrated planning process from strategy to execution.
- Localize assortments to meet customer demand.
- Increase revenue and profit margins through improved inventory precision.
- Reduce out-of-stock and overstocked inventory imbalances.
Explore More on Inventory & Price Optimization
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Building Data-Driven Supply-Chain Resilience for 2020 – and Beyond
Explore the many ways implementing next-generation best practices and technologies can improve supply chain performance today and tomorrow.
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Life Cycle Price Optimization
Learn how analytics can help you maximize your return on investment by optimizing sell-through and revenue.
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Related SAS® Retail & Consumer Goods Solutions
View recommended inventory & price optimization solutions
- SAS for Predict and Plan Consumer Demand | Powered by AzureStreamline and automate complex demand planning tasks that improve supply chain efficiency while delivering superior customer experiences.
- SAS® Intelligent DecisioningCrea, gestisci e governa con facilità regole di business robuste e basate sugli analytics per dare forza al decisioning at scale.