Retail & Consumer Goods Solutions
Inventory & Price Optimization
Maximize inventory productivity and drive profitable life cycle pricing on every item in every location.
How SAS® Enables Inventory & Price Optimization
Manage inventory to drive higher inventory turns and fewer markdowns with tailored plans and assortments that boost customer satisfaction and reduce carrying costs.
Automated, collaborative inventory planning
- Avoid understocks and overstocks and improve customer satisfaction with increased on-shelf performance.
- Better plan for promotional, seasonal and event-driven demand fluctuations.
- Reduce planning time using automation and collaboration.
Optimized inventory replenishment
- Create optimized inventory replenishment plans based on supply chain constraints while minimizing safety stock.
- Drive higher inventory ROI with agile multiechelon allocation plans.
- Align your merchandising strategy with location-based demand.
Pricing strategies that maximize profits
- Plan pricing at all levels of your product and location hierarchy – down to store/SKU.
- Drive increased average unit sales prices with life cycle pricing analytics.
- Strategically execute timely pricing actions by location to minimize markdowns and obsolete inventory.
Why choose SAS for inventory and price optimization?
Automate and optimize inventory distribution by calculating optimized inventory levels and order quantities for every SKU, location and channel.
Localize & drive profitability
Statistically cluster locations based on selling patterns to work more efficiently and maximize revenue.
Increase profit margins
Optimize profitable pricing strategies over the product life cycle.
Boost your financial performance
Use proven analytics to optimize assortments to increase your inventory's productivity and profitability.
Customer Success
Working Smarter With SAS
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Developing strategic initiatives & planning financial strategies that drive profitability
SAS helped a US regional department store undergo a total technology transformation that:
- Includes a new merchandise planning platform that supports its strategies and initiatives.
- Maximizes inventory precision by product and location through localized assortments.
- Drives supply chain and store operation efficiencies through optimized pack recommendations.
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Knowing the right pricing strategy for each stage of the product life cycle
SAS helped the world's largest supplier of athletic shoes and apparel:
- Automate the decision-making process.
- Develop a product life cycle pricing structure that helps reduce markdowns.
- Understand competitor pricing.
- Plan strategies that improve gross margin.
Explore More on Inventory & Price Optimization
Article
The 5 New Rules of Retail
Learn how analytics can help overcome some of the effects of disruption, allowing retailers to move from long-term seasonal forecasting to more agile merchandise planning.
White Paper
Life Cycle Price Optimization
Learn how analytics can help you maximize your return on investment by optimizing sell-through and revenue.
Blog
3 Ways Grocers Can Get Healthier Margins on Fresh Foods With Analytics
Learn how advanced, predictive production and demand insights connected by optimized logistics allow you to achieve sustainable efficiency.
Related SAS Retail & Consumer Goods Solutions
View recommended inventory & price optimization solutions
- SAS® Intelligent Planning SuiteAccurately forecast shopper and consumer demand by creating seamless merchandise and demand plans.
- SAS® Intelligent Planning CloudEnsure on-shelf availability through a hyperaccurate demand planning service.
- SAS® Intelligent DecisioningEasily create, manage and govern robust, analytically driven business rules to power decisioning at scale.
- Multichannel Marketing Hub | SAS® Customer Intelligence 360Individualize every customer interaction in real time with a modern multichannel marketing hub.
- SAS® Visual Data Mining and Machine LearningSupport end-to-end data mining and machine learning processes with comprehensive visual and programming interfaces for users of all skill levels.
- SAS® Intelligent Performance ManagementReconcile and close the books faster with more accurate budgets and instant consolidations.