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The Art, Science, and Software behind (Optimal) Retail Pricing: Part 1
The “Four Ps” of marketing strategy, also known as the

item pricing at the warehouse level  In plain English, sheer item volumes are overwhelming and manual pricing is tediously labor-intensive. Ineffective pricing strategies (e.g., based on corporate-wide blanket rules) and inadequate pricing IT tools (e.g., spreadsheets) additionally aggravate the situation. Ancient Methods No Longer Work Existing approaches that incorporate an understanding of consumer demand into retail pricing decisions generally have been limited to modeling sample data sets to provide limited insights. As a result, Read More...
Warehouse Management Systems (WMS)
A warehouse management system (WMS) should provide database and user-level tools in order for a company to optimize its storage facilities while at the same time providing user level task direction...
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Documents related to » item pricing at the warehouse level


SAP's Approach to the Retail Market
SAP and its ERP peers appear to understand that continuously improving the way enterprise information is presented and by marrying analytics, optimization, and

item pricing at the warehouse level  (e.g., palette, case, individual item), which will be important as RFID technology matures to support these intricate requirements. This RFID infrastructure with the handling unit concept appears a bit more ambitious and thus heavier and more expensive in terms of implementation services than that offered by supply chain execution (SCE) best-of-breed-vendors, but will eventually allow for the practical usage of RFID data across more and broader processes and applications within the value chain. Further, Read More...
Epicor Retail: Behind the Counter
The retailing paradigm is shifting from connecting, beyond engaging, to inspiring customers. Epicor Retail software solutions are responding to this market

item pricing at the warehouse level  not be fulfilled the item can be set to “no stock” and ES will then route that item to next best fulfilling location. ES’ Customer Service Application (CSA) assists customer service representatives (CSRs) or administrators in answering questions about orders—it has all the information regarding orders, fulfillment locations, status of each item being fulfilled, etc. ES also has reporting capabilities to help retailers better understand their cross-channel business to make decisions, facilitate Read More...
The Challenge of Fulfillment
Integrated multichannel retailing will inevitably become the norm. For retailers, the key to multichannel success lies in understanding the factors that drive

item pricing at the warehouse level  including the management of item information, category planning and review, assortment, pricing, promotions, warehouse replenishment, multichannel ordering, store replenishment, forecasting, inventory and supply chain optimization, pricing management, order determination, and so on. For more information on some of these applications, see Inventory Planning and Optimization: Extending Your ERP System , Sales and Operations Planning; Part One: Identifying and Forecasting Demand , The Case for Pricing Read More...
Challenges of the Future: The Rebirth of Small Independent Retail in America
By any measure, retailers are overwhelming small businesses. More than 95 percent of all retailers have only one store. Almost 90 percent have sales less than

item pricing at the warehouse level  a lowest discount price item in the afternoon. It is up to the retailer to know their customers well enough to make the connection and to make an offer that will entice them to buy. We value most what is most scarce. Time has become number one on the list of what Americans cherish most. The desire for convenience will continue to drive changes in store concepts, formats, retail mixes and locations. Witness the trend of developing mixed use, open-air retail complexes. People are time-starved and small Read More...
The Vital Importance of Software Selection to the Enterprise
In great detail, Gabriel Gheorghiu, software selection project manager, Technology Evaluation Centers, walks through the steps needed for successful software

item pricing at the warehouse level  TEC Vendor Challenge,enterprise software selection,enterprise software requirements,software selection best practices Read More...
Building the Supply Chain of the Future
In today’s transformed business world, the push-based manufacturing philosophy and the siloed planning processes of the past are proving insufficient to manage

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The Many Angles to Dive into the BPM Water
These days, the concepts of business process management (BPM) have become more unified, and BPM functionality from different vendors seems to be more converged.

item pricing at the warehouse level   Read More...
The New Role of the CFO: from Bean Counter to Corporate Wizard
Find out in the new role of the cfo: from bean counter to corporate wizard.

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The Superstar CFO: After the Crisis
In 2007, CFO Research Services published The Superstar CFO, a study documenting the attributes of highly successful chief financial officers (CFOs). Since then,

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Collateral Damage: What the Crisis in the Credit Markets Means for Everyone Else
Given the dramatic events in the capital markets, everyone is wondering what will happen next@and what the implications are for the wider economy. Learn about

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Oracle Claims The Worst Is Over And Turns To KISS For A Boost Part 1: The News
Oracle seems to have been trying hard to find a magic formula to ramp up its declining applications revenue. Targeting the lower end of the market with the

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The Quadstone System
Quadstone sells three products components within the Quadstone System: Decisionhouse, Transactionhouse, and Actionhouse. Decisionhouse is the flagship

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State of the Art in TCO: Managing the Total Cost of Ownership
Total cost of ownership (TCO) is one of the most difficult metrics to benchmark. Even when using the clearest of metrics, companies often obtain inadequate

item pricing at the warehouse level   Read More...

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