Waste less with our dynamic markdown optimization software
A dynamic approach to pricing that drives maximum sell-through on your expiring products.
Food waste is one of the biggest challenges for retailers. One-third of all food is wasted, largely due to overstocked shelves and mismanaged supermarket inventory.
Manual and rudimentary markdown processes cause many product throws and disposals – at great cost to the retailer. Misidentification of items at risk of wasted, compliance to price change processes, and dynamic store-based pricing also cause retailers to lose sales on products with days of life left.
Our dynamic markdown software uses an advanced, data-driven algorithm to analyze a wide range of data points – from product type to seasonality. This allows you to calculate a product’s optimal discount price which reduces your waste bill by maximizing sell-through and minimizing loss.