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SAS® Revenue Optimization Suite
Competing in retail has always meant offering the right product to the right customer at the right price and at the right time. But with competition for consumer business becoming more and more intense, the margin of error has shrunk. Now you have to get it right every time.
But pricing and promotion strategies often do not account for halo and cannibalization effects on category performance. When markdowns are required, they are planned with little knowledge of likely demand, and they ignore store-specific inventory levels and regional demand patterns. Retailers also lack the tools necessary to understand how promotions will affect sales volume.
Deliver the best pricing and promotion strategies
The SAS Revenue Optimization Suite is the only software suite available today that helps retailers manage revenue and margin through the entire merchandise life cycle. This suite combines advanced data management, forecasting and optimization capabilities within an easy-to-use interface that helps retailers set and manage regular prices, plan optimal promotions and execute the most successful markdown strategies.
The SAS Revenue Optimization Suite lets you:
- Maximize profitability through optimal pricing. Set and manage regular prices, quantify the impact of promotional activities to create optimal promotions, and identify nonperforming or slow-moving items to plan optimal markdown schedules.
- Improve productivity with automated, exception-based pricing. The SAS Revenue Optimization Suite eases decision making for merchants, allowing them to respond quickly to product performance, market opportunities and competitive actions.
- Minimize revenues lost due to stock outs. Best-in-class demand forecasting and demand modeling capabilities calculate base sales volume and demand lift, helping you achieve better in-stock positions during promotional periods.
- Achieve ROI quickly. The component solutions in the SAS Revenue Optimization Suite incorporate industry domain expertise and contain industry-proven business definitions, data models, analytic models and reporting templates, resulting in reduced project risk and quicker, more substantial ROI.
- Maintain a lower cost of ownership. Eliminate the need for bolt-on analysis, reporting and data management tools. The SAS Revenue Optimization Suite is built on SAS®9, the industry's leading business intelligence platform, which combines all these applications to provide power, speed and scalability at a significantly lower cost than our competitors.
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Integrated components for flexible needs
The SAS Revenue Optimization Suite includes three integrated components:
- SAS Regular Price Optimization helps you establish and maintain optimal everyday prices based on costs, regional demand patterns and competitive price information.
- SAS Promotion Optimization provides the ability to maximize margin and revenue through improved promotion planning powered by advanced demand modeling and optimization.
- SAS Markdown Optimization helps you determine which items should be marked down, by how much, when and in which markets or stores.
The SAS Revenue Optimization Suite is itself an integral part of a comprehensive suite of proven solutions that provides unmatched merchandise intelligence for retailers around the world.
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