Next Generation Price Optimization
Latest solutions blend the art and science of pricing
Price optimization systems have been available to retailers since the early 2000s. Early adopters used first-generation systems to analyze ever-growing volumes of sales data and bring science to the art of retail pricing. But now, next generation price optimization solutions are revolutionizing retail operations management. Derived from advanced mathematics, statistics, and econometrics, these easy-to-use, new-era solutions are bringing the promises of the first-generation price optimization systems to fruition.