Pricing video Cary Thelan and Nicole Phillips

Leveraging AI to Minimize Markdowns [Video]

Artificial intelligence (AI) is changing the face of the markdown process today. By gathering real-time demand data — and combining it with data on current inventory levels and margin targets — AI-enabled solutions from JDA can replace permanent markdowns with short-term promotional prices that maximize all outcomes. Learn more about how AI can help simplify…

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Proactive with Markdowns video

Getting Proactive with Markdowns [Video]

Predicting demand, and creating markdown strategies, for items with short life cycles — such as winter apparel — have traditionally depended on historic sales data and regression analysis. Today, clustering algorithms from JDA can help you predict demand and create markdowns more accurately, based on real-time demand data segregated by item color, size, store location…

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Pricing video Cary Thelan and Nicole Phillips

Price Elasticity: Your New Strategic Weapon [Video]

How much are consumers really willing to pay? And which products can capitalize on flexible pricing to stimulate demand? New capabilities from JDA leverage artificial intelligence (AI) to support fact-based decisions about price elasticity, helping you transform agile pricing into a competitive weapon. Explore how you can capitalize on new levels of AI-enabled visibility and…

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shopper-using-a-chip-reader

Retail Pricing: How Leading Retailers Are Leveraging AI to Fight Back

The first blog in this two-part series focused on the primary challenge facing retailers today: mega-retailers have forced prices down, based on their economies of scale and hyper-optimized supply chains. Smaller retailers have responded by creating short-term promotions that draw shoppers into the store, but erode already-thin margins. This strategy is not sustainable over the…

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