SAS® Revenue Optimization Suite
Retail business capabilities with unparalleled analytics
Pricing has a dramatic effect on a retailer's bottom line. Just a 1 percent increase in product price can raise operating profit by as much as 8 percent to 11 percent. You can get results quickly from retail pricing experts – with low up-front costs – with SAS.
SAS continues to change the game with SAS High-Performance Markdown Optimization. With this solution (included in SAS Revenue Optimization Suite) retailers can run advanced optimization at 22 times the speed and save 70% in hardware costs.
Competing in retail means offering the right product to the right customer at the right price – even at the right moment. As a result, retailers have to get it right – every time.
Benefits
- Better prices, better results.
- Greater merchant productivity.
- Flexible investment strategies.
- Optimization that scales.
- Lower total cost of ownership.
Features
- Manages prices across the entire product life cycle
- Retail business workflow
- Advanced analytics and forecasting
" I've been thoroughly impressed with the reliability of SAS solutions and SAS people have been great to work with. I would absolutely recommend SAS retail solutions to others with similar business challenges."
—Brad Peterson
IT Director
Northern Tool + Equipment
Screenshot
SAS brings retail business capabilities with unparalleled analytics to the entire pricing lifecycle.
How SAS® Is Different
Only SAS offers a combination of pricing life cycle components that provide:
- Retail business workflows that incorporate winning retail business practices.
- The best analytical framework and the analytics that drive the best pricing decision and allow for better productivity through automation.
- Optimal prices from initial price through promotions and clearance will drive the best results for an organization.
- A common forecasting infrastructure and analytics foundation, a common data foundation and business rules and data integration, saving IT and maintenance costs, while driving better decisions.
- Flexible deployment models that allow retailers to choose the deployment and investment models that fit their situation.
Benefits
- Better prices, better results.
- Gain visibility into pricing decisions to see the cross-effects and differentiators directly affecting the bottom line.
- Optimize prices for a wide range of products for grocery, apparel and hardlines including fast-moving consumer goods and fashion items.
- Easily handle and understand difficult retail scenarios such as sorted cause and effect, promotions, seasonality and changing calendar events using built-in forecasting.
- Greater merchant productivity.
- Use retailer workflows and an intuitive interface to empower business users.
- Speed pricing decisions with automated plans, reducing or eliminating the need for manual processing.
- Improve communications with shared visibility into the optimization rationale.
- Provide merchants with visibility into category.
- Flexible investment strategies.
- Deploy SAS® Revenue Optimization one of two ways – as a managed service (which can speed results and reduce your initial investment) or as software behind the firewall (which can provide a lower long-term cost of ownership).
- Optimization that scales.
- Use SAS' proven track record with large, medium and small retailers to price at all levels of the product and location hierarchy down to store SKU.
- Lower total cost of ownership.
- Build a common retail foundation that reduces implementation and administration for retailers.
Features
- Manages prices across the entire product life cycle
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- SAS Revenue Optimization enables retailers to manage pricing across the entire product life cycle.
- SAS Regular Price Optimization provides support for managing a regular price strategy and for optimally setting everyday prices on both existing and new products.
- SAS Promotion Optimization provides support for managing the promotion planning process and optimally selecting products and/or prices to fill spots in marketing vehicles.
- SAS High-Performance Markdown Optimization provides support for managing optimal price and markdown cadence in an end-of-life or clearance cycle.
- Retail business workflow
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- SAS provides solution-specific workflow to support pricing activities at each stage of the product life cycle.
- SAS Regular Price Optimization supports pricing from a category view perspective or in response to market changes and enables a single- or two-step approval process.
- SAS Promotion Optimization provides configurable workflows for creating and publishing marketing calendars, supports user-defined marketing vehicles and versioning, supports a user-configurable approval process with due dates and lock dates, provides views to activity toward completing marketing vehicles and to promotions at a product category level, and supports vendor deal management.
- SAS High-Performance Markdown Optimization supports user definition of clearance period and cadence, supports optimal approvals based on markdown budget, and enables a single- or multi-step approval process.
- Advanced analytics and forecasting
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- Built-in forecasting for the retail engine drives better results for best-in-class forecasting for retail, which leads to better forecast quality. The forecast includes price, promotion and markdown impact.
- SAS’ analytic platform drives better results using powerful attribute-based demand modeling to drive the best pricing decisions with an automated weekly model refresh, and a clear user interface allows in-house model management versus expensive consulting or subscriptions.
Screenshots
SAS brings retail business capabilities with unparalleled analytics to the entire pricing lifecycle.
System Requirements
Client environment
- Microsoft Windows (x86-32): Windows XP Professional
- Microsoft Windows (x64): Windows 7** for x64
Server environment
- AIX: 5.3 and 6.1 on POWER architectures
- Microsoft Windows (x86-32): Windows Server 2008 family
- Microsoft Windows on x64 (EM64T/AMD64) Windows Server 2008 for x64***
Supported Web browsers
- Internet Explorer 6 on Windows XP Pro
- Internet Explorer 7 on Windows XP Pro, Windows Server 2008 and Windows Vista*
- Internet Explorer 8 on Windows XP Professional, Windows Vista* and Windows 7**
- Firefox 2.0 and 3.0 on Windows XP Pro, Windows Server 2008, Windows Vista* and Linux for x86 (SuSE and RHEL)
Web tier
- BEA WebLogic 9.2
- IBM WebSphere 6.1
- JBoss EAP 4.2
* NOTE: Windows Vista supported editions are: Enterprise, Business and Ultimate.
** NOTE: Windows 7 supported editions are: Professional, Enterprise and Ultimate.
*** NOTE: Proposed Windows 32‐bit or 64‐bit deployments will be studied on a case‐by‐case basis. In the majority of cases, AIX is recommended instead of Windows.
Ready to learn more?
Call us at 1-800-727-0025 (US and Canada) or request more information.
