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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Hauptverfasser: FORCADA MARGARIT, ROGER, MUNTSANT SORIA, JAUME, ELIASSON, JENS JOHAN DANIEL, XU, ZIJIA, RASHIDI, VAHID, TODESCAN, STEFANO, BAK ADAMEK, SEBASTIAN, SRIVASTAVA, KRITI, LIND, MARCUS JOHAN ADAM, GUELZOW, NICOLAS PETER, ANTA CALLERSTEN, JAVIER, MIAO, XINGHONG
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creator FORCADA MARGARIT, ROGER
MUNTSANT SORIA, JAUME
ELIASSON, JENS JOHAN DANIEL
XU, ZIJIA
RASHIDI, VAHID
TODESCAN, STEFANO
BAK ADAMEK, SEBASTIAN
SRIVASTAVA, KRITI
LIND, MARCUS JOHAN ADAM
GUELZOW, NICOLAS PETER
ANTA CALLERSTEN, JAVIER
MIAO, XINGHONG
description 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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language eng ; fre
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subjects CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
title MARKDOWN AND LIFECYCLE MANAGEMENT
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