MARKDOWN AND LIFECYCLE MANAGEMENT
Described is a markdown englne that allows tor optlmizing of an allocation of markdowns across plural levers. The markdown engine including instructions that configured a computer system to receive input data that includes historical and markdown scope information about the products and store, price...
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Format: | Patent |
Sprache: | eng ; fre |
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Zusammenfassung: | Described is a markdown englne that allows tor optlmizing of an allocation of markdowns across plural levers. The markdown engine including instructions that configured a computer system to receive input data that includes historical and markdown scope information about the products and store, price information as well as stock, stock-out information, prepare the received input data into data structures. cluster the data structures according to product metrics into one or more clusters. For each of the one or more clusters the computer system is configured to determine a demand forecast according to a markdown plan for the one or more clusters, optimize the markdown plan with respect to one or more optimization goals and constraints for the one or more clusters, and output an optimized recommended set of markdowns for the one or more clusters. |
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