Optimize Sales and Preserve Profitability
• One-touch entry tells you what needs to be “marked down”
• Markdown Simulations / Costing
• Four (4) levels of markdown pricing
• Price Point Management by class
• Analyze Turns in product life spans
• Automatically recommends appropriate markdown level.
• Select, Approve and Release levels.
• Monitors and recommends further markdowns according to your established business rules.
Timely markdown decisions are based on how much, when, and at what cost to the bottom line. Retail-1's Red Line module incorporates the business intelligence required to identify opportunities to stimulate sales and achieve optimized performance.
Red Line helps identify and prioritize markdowns with GMROI simulations and help them quantify "best case WHAT-IF scenarios" by taking advantage of their existing sell-through information and peak sales cycle.
Key performance indicators include gross margin dollars, gross margin percent, inventory turns and a simplified gross margin return on investment (GMROI) value.
