SKU-level markdown optimization software that provides suggestions for merchandising teams

Peak’s Markdown AI application helps you set the right price for all your products during their lifecycle to maximise profit throughout the markdown period whilst taking into account business constraints and priorities such as target sell through of all close out units, target weeks of cover for each product. Connecting into your SAP environment via the Integration Suite, you can leverage the AI outputs directly into your pricing ecosystem.

By Peak AI Ltd.

Overview

Margin Enhancement

Customers typically see incremental margin improvements of 300-500bps (3-5% absolute margin points) across a like-for-like markdown tradings periods and the whole product lifecycle.

Team efficiency

Removing your team's reliance on spreadsheets and being able to apply individual markdowns at a SKU-level, saving dozens of hours each week to allow for more strategic activity and less spreadsheet based reporting work.

Scenario Planning

Teams can plan for many different scenarios at a campaign level by changing the targets for their markdown optimization, such as, sell-through of units, revenue and margin.

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Details

Solution type

Extensions and Add-ons

Industry

Cross-Industry, Retail, Consumer Products, Wholesale Distribution

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.
SAP Integration SuiteSAP Markdown Optimization for RetailSAP Customer Order Sourcing

Features

Access individual product price elasticities

Through the application of AI price elasticity modelling at the individual SKU level, you can ensure granular markdown decisions across multiple business goals.

Access individual product price elasticities
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Create individual campaigns over discreet time periods

This enables merchandising and pricing teams to quickly create bespoke markdown campaigns across their entire stock file. Each campaign has the flexibility to be managed at the various levels of your product taxonomy optimising against your business KPIs.

Create individual campaigns over discreet time periods
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Forecast demand at a SKU-level

Through best in class B2C forecasting algorithms, applied both to your current business and predicted against your markdown campaigns, it allows you to scenario plan the effects of the decision you make.

Forecast demand at a SKU-level
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Plans and pricing

  • Price Upon Request

    B2C AI Pricing Application inc. Peak Platform License

    Please contact us for more details about the plans and pricing available for this solution.

    Price upon request

    B2C AI Pricing Application inc. Peak Platform License

    Please contact us for more details about the plans and pricing available for this solution.

  • Starter Edition

    B2C AI Pricing Application inc. Peak Platform License

    Pricing starts at the rate displayed. Please contact us to learn more.

    Per Month
    USD 19,400.00
    • + USD 57900.00 Setup Fee
    • Minimum contract 1 year

    B2C AI Pricing Application inc. Peak Platform License

    Pricing starts at the rate displayed. Please contact us to learn more.

Technical Information

Solution type Extensions and Add-ons
Category Artificial Intelligence
Industry Cross-Industry, Retail, Consumer Products, Wholesale Distribution
Works with
  • SAP Integration Suite
  • SAP Markdown Optimization for Retail
  • SAP Customer Order Sourcing

Need support?

Publisher provides support for this app

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Resources

Peak and our approach to Markdown

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Peak's partnership with SAP

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Publisher

More solutions provided by Peak AI Ltd.