Software for pricing management, promo optimization / efficient promotions and markdown management.
VERITICO PRICE is an AI-powered software for retail companies that want to optimize their Supply Chains to increase profitability. The platform helps retailers manage promotions by providing tools to pricing management, efficient promotions and markdown management. It also provides visibility into inventory levels and buying patterns, which helps them monitor demand for their products and optimize their Supply Chains accordingly.
The software analyzes data from a company's Supply Chain and then uses mathematical models to show how price changes affect demand. It also offers insights into how promotions should be created.
In the world of retail, promotions are the key to success. To get the results they want, brands and retailers need a comprehensive solution to help them manage pricing, optimize promotions and manage discounting. All this is offered by the PRICE module from the VERITICO family.
- 15% increase in profit
- 35% waste reduction
- 50% time saved on setting prices