Helps enable retailers to boost efficiency by automating pricing tasks
IBM® DemandTec® Price Management, an app in the Lifecycle Pricing Management solution, is designed to help retailers improve execution and compliance with their pricing strategy. DemandTec Price Management dramatically boosts efficiency by automating retailers’ most cumbersome, time-consuming pricing tasks.
- Simplify and streamline the pricing process with rules-based pricing. Define and enforce pricing policies by creating pricing scenarios with rules selected from a comprehensive rules library.
- Respond to volatile vendor cost and competitive price changes with advanced price maintenance. Provides operational price management capabilities designed to handle frequent vendor cost changes, competitive price changes and new item introductions.
- Quickly review, approve and deliver pricing to downstream systems. Advanced pricing delivery capabilities help retailers to quickly review and approve incoming data.
Simplify and streamline the pricing process with rules-based pricing.
- Configure pricing rules, such as last-digit rules, line pricing rules, competitive rules and cross-zone rules, using intuitive natural language
- Prioritize these rules in pricing scenarios in order of importance
- In the event that conflicting rules make it impossible to calculate a price scenario that adheres to each of the rules defined, DemandTec Price Management’s proprietary rules relaxation capability gives the option to consider price scenarios that closely conform to a retailer’s rules and goals
Respond to volatile vendor cost and competitive price changes with advanced price maintenance.
- Enables retailers to set individual and cumulative thresholds and automate changes when new data enters the solution
- Allows retailers to dictate what criteria trigger price changes on the shelves
- Allows retailers to take decisive action and execute necessary changes promptly
Quickly review, approve and deliver pricing to downstream systems.
- DemandTec Price Management’s capabilities automate the scheduling and delivery of pricing updates to downstream systems
- Helps retailers instantly review how a new pricing scenario will affect key metrics such as sales, margin and volume, which items should receive new prices and what triggered each resulting price change
- Also offers retailers the flexibility to selectively override recommended pricing for a given set of SKUs, lines, brands, or zones in a price scenario
DemandTec Price Management
Helps enable retailers to boost efficiency by automating pricing tasks
Contact IBM
- Request a demo or information
- Request a proposal
- Or call us at: 1-866-277-7488
Priority code: 101K803W
Enterprise marketing management
- Price, promotion and product mix optimization
- DemandTec Advanced Deal Management
- DemandTec Assortment Optimization
- DemandTec Customer Trade Planning
- DemandTec Deal Management
- DemandTec Markdown Optimization
- DemandTec Post Event
- DemandTec Price Management
- DemandTec Price Optimization
- DemandTec Promotion Execution
- DemandTec Promotion Optimization
- DemandTec Promotion Planning
- DemandTec Shopper Insights
- DemandTec Strategic Marketing Planning
- DemandTec Strategic Trade Planning
- DemandTec Advanced Deal Management
- DemandTec Assortment Optimization
- DemandTec Customer Trade Planning
- DemandTec Deal Management
- DemandTec Markdown Optimization
- DemandTec Post Event
- DemandTec Price Management
- DemandTec Price Optimization
- DemandTec Promotion Execution
- DemandTec Promotion Optimization
- DemandTec Promotion Planning
- DemandTec Shopper Insights
- DemandTec Strategic Marketing Planning
- DemandTec Strategic Trade Planning
Considering a purchase?
Contact IBM
Considering a purchase?
- Request a proposal
- Request a demo or information
- Or call us at: 1-866-277-7488
Priority code: 101K803W