The art and science of markdowns: Collaborative merchandising and inventory planning
Retailers can bridge the gaps between their supply chain and merchandising teams using shared forecasts to improve markdown performance.
Seasonal planning software
Pinpoint clearance opportunities for higher turnover and better margins
RELEX seasonal planning software makes markdowns and clearance easy. Target the right products at the right time and right price, expedite your inventory turnover, and improve margins while cutting costs.
Generate optimal pricing for seasonal, promotional, or end-of-lifecycle products with RELEX
133%
inventory turnover increase
44%+
spoilage reduction
75%
clearance workload decrease
When clearing out seasonal, promotional or end-of-lifecycle inventory, RELEX maximizes margins and increases turnover
RELEX enables accurate seasonal allocations, monitoring in-season performance, and optimizes clearances for products approaching the end of their lifecycle.
Key features
RELEX offers AI-driven clearance optimization
Benefits
Proactively identify clearance needs and generate optimal prices
Whether you’re managing seasonal, promotional, or end-of-lifecycle products, RELEX AI-driven clearance optimization software allows for proactive decision making.
Optimize for your goals
Optimize clearance according to any strategy and gain visibility into the projected impacts, whether your goal is to clear out inventory, improve service, or maximize margins.
Identify appropriate products for clearance and markdown
Proactively identify products for clearance and markdown. Set timely, optimized discounts based on desired outcome, reducing the risk of excess stock, whether at season end or lifecycle end.
Automate clearance and markdown execution
Add automation to prepare your business for future growth and eliminate manual clearance and markdown tasks such as product identification and allocation from DC to stores.
Focus on exceptions to drive value
Automatically and systematically 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.
Streamline assortment changes
Take advantage of optimized clearance processes to sell through inventory ahead of planned assortment changes, allowing new planograms and assortments to flow smoothly into stores.
Collaborate and communicate
Facilitate cross-functional collaboration through shared forecasts and data points, allowing inventory planning, merchandising, and store teams to provide real-time feedback and streamline processes.
Markdown optimization: An
e-grocer’s journey
In this webinar, Camilla Olver, Supply Analyst at nemlig.com, joins Dan Kurram, Product Marketing Manager at RELEX, for an in-depth conversation about the benefits of automated markdown optimization.
Resources you might be interested in
We’ve accumulated a wealth of supply chain & retail expertise from our 1,500+ planning specialists.
S Group achieves 5 pp increase in the average margins of markdown products with RELEX clearance optimization
S Group expanded the partnership to include clearance optimization for their consumer goods categories at Prisma and Prisma Rauta stores and achieved significant results.
Coop Värmland Streamlines Assortment Change Processes and Maximizes Profit with RELEX Markdown Optimization
Coop Värmland, a Swedish grocery retailer, has streamlined their assortment change processes and maximized profits using RELEX Markdown Optimization.
Ready to transform your supply chain & retail planning?
We’re happy to discuss your business needs and share how our market-leading, unified platform can help you drive profitable growth across your sales and distribution channels. Discover why top industry analysts position RELEX as Leaders in the market.