RELEX Solutions recognized as a Leader in The Forrester Wave™: Retail Planning Platforms, Q4 2023 | Access the report

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Markdown and clearance optimization software

Pinpoint markdown and clearance opportunities for higher turnover and better margins

RELEX markdown pricing and clearance optimization software makes markdowns and clearance easy, allowing you to target the right products at the right time and right price, expedite your inventory turnover, and improve margins while cutting costs.

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Benefits

Proactively identify markdown and clearance needs

and generate optimal prices

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

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Optimize for your goals

Optimize clearance and markdown according to any strategy and gain visibility into the projected impacts, whether your goal is to clear out inventory, improve service, or maximize margins.

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Identify appropriate products timely 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.

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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.

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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 clearance and markdown processes to sell through 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 inventory planning, merchandising, and store teams to provide real-time feedback and streamline processes.

Impactful results

133%
inventory turnover increase
44%
spoilage reduction
75%
clearance workload decrease

“RELEX 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 clearance optimization software

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Screenshot of executing targeted markdowns
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AI-driven clearance and markdown optimization

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

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Leverage your supply chain data

Take advantage of accurate demand forecasts and near-real-time inventory data from the RELEX’s supply chain & retail planning platform to proactively identify upcoming clearance and markdown needs.

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Execute targeted clearance and markdown

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

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Align with your pricing strategy

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

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Resources

Check out our library of industry insights.

Stay competitive with RELEX unified supply chain & retail planning platform

All our solutions are part of our unified supply chain & retail planning platform. Find out how our unified platform has helped hundreds of retailers and consumer goods companies break down silos and take their core planning processes to the next level.

Check out the platform