Right price, first time
Our Pricing and Markdown solution suggests optimal pricing to maximize margins and ensure profitable sell-through.
CODI, Peak’s Connected Decision Intelligence system, shows how every single product in the stock file will respond to promotion and markdown activity. It helps merchandisers make more intelligent pricing decisions across the whole product range.
Peak rapidly analyzes the data in your stock file, whether you’re working with Excel or other rules-based systems, to produce dynamic pricing and markdown insights and recommendations.
$3 million margin opportunity
Read about how a leading UK multi-channel retailer is using Pricing and Markdown to identify savings that equate to 1% of the companies overall turnover.
A look into the future
CODI combines and enriches your data with AI to reveal the price sensitivity of demand at individual SKU level, allowing you to level-up your pricing and markdown strategy across the whole stock file.
To get you the most accurate results CODI combines data about product attributes, sales transactions, stock inventory, pricing, and promotions.
Once your data is combined and enriched with AI in CODI, it's used in analysis models that create forecasts of demand at various price and markdown levels.
CODI makes actionable recommendations that help you achieve perfect pricing and markdown strategy – maximizing profit margin and increasing sell-through rate.
What decisions can be transformed?
What is the optimum markdown for each product to increase sell through rate at the highest margin?
When is the right time to markdown a product on each channel?
What should the initial price be for each product on each channel?
Perfect pricing and markdown
Make up-to-date pricing and markdown decisions based on true demand that maximize revenue.
With a ‘right price, first time’ strategy across your whole stock file you can fully optimize your inventory performance.
With complete understanding of the price elasticity of every SKU, you can implement perfect pricing that reduces reliance on markdown and maximizes margin.
Less time analyzing data
CODI takes the strain of time-consuming data analysis and provides you with intelligent recommendations tailored to your business.
Introducing Demand Intelligence
Allocation and Replenishment is a part of our wider demand planning application – Demand Intelligence.
It’s designed to help businesses increase forecasting and rebuying accuracy, to drive profitability, avoid stockouts, optimize inventory sell-through, and reduce waste.
Discover some of the other ways we can help you supercharge your supply and demand cycle to maximize profit.