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Markdown pricing and optimization solution

RELEX’s markdown pricing and optimization software makes markdowns easy, allowing you to target the right products at the right time and right price, maximize the success of discounts, and improve margins while cutting costs.

Benefits

Proactively identify markdown needs

and generate optimal prices

Whether you’re managing seasonal, promotional, or end-of-lifecycle products, RELEX’s AI-driven markdown optimization software allows for proactive decision making.

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Optimize for your goals

Optimize markdowns according to any strategy and gain visibility into the projected impacts, whether your goal is to maximize margins, clear out inventory, or protect brand image.

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Identify and apply timely markdowns

Proactively identify products for markdown and set timely, optimized discounts based on desired outcome, reducing the risk of excess stock, whether at season end or lifecycle end.

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Automate markdown execution

Add automation to prepare your business for future growth and eliminate manual markdown tasks such as product identification and price calculation from both local and central teams.

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Focus on exceptions to drive value

Systematically and automatically identify exceptions, such as fluctuating sales performance or high risk products that need a strategic human touch, freeing your experts to focus on high value tasks.

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Streamline assortment changes

Take advantage of optimized markdowns to clear inventory ahead of planned assortment changes, allowing new planograms and assortments to flow smoothly into stores.

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Collaborate and communicate

Facilitate cross-functional collaboration through shared forecasts and data points, allowing merchandising, demand, and inventory planning teams to provide real-time feedback and streamline processes.

Impactful results

24%
margin improvement
44%
spoilage reduction
75%
markdown planning workload decrease

“RELEX’s markdown solution has made the store process for assortment changes much more efficient and has maximized our profit when phasing out items.”

Thomas Berglund, CIO Coop Värmland
Highlighted features

Markdown pricing and optimization software

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AI-driven markdown optimization

Use AI to identify optimal markdowns based on price elasticity and the amount of stock to be cleared.

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Automate your pricing strategy

RELEX’s markdown software allows for easy configuration of price grids and rounding rules to ensure that all markdown recommendations fit your pricing strategy.

Execute targeted markdowns

Execute markdowns on any segment, timeline, product range or category, geographic region, or even individual store location.

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Leverage your supply chain data

Take advantage of accurate demand forecasts and near-real-time inventory data from the RELEX Living Retail Platform to proactively identify upcoming markdown needs.

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Stay competitive with the RELEX Living Retail Platform

All our solutions are part of our RELEX Living Retail Platform. Find out how our unified platform has helped hundreds of retailers break down silos and take their core planning processes to the next level.

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