Price Management
Set Your
Price
Tired of pricing errors? Jesta’s Price Management solution makes product details such as cost, inventory quantities, margin and upcoming pricing events completely visible so you can intelligently plan, analyze, negotiate and adjust a range of pricing requirements from permanent and temporary price changes to markdowns, markups, deals, discounts and cancellations.
In order to better plan short- and long-term prices, the solution enables you to simulate the effect of price changes, and calculate the impact of the lower prices on future sales and margins across all product categories and time frames. Afterwards, you can implement the proposed change into an actual change and publish it to make it effective in-store and online. Alternatively, you can automate markdown rules.
Prices can be managed and manipulated at the style, style/color or style/color/size level for more detailed planning; the system also allows for site, zone and/or business unit pricing, and supports multiple currencies and different taxation environments. The solution integrates seamlessly with Jesta’s Point of Sale solution for complete consistency across your entire organization.
One comprehensive solution for pricing makes it easy to identify anomalies to help with loss prevention.
Visual summaries help you optimize price management and make profitable pricing decisions.
Price changes can be implemented immediately or scheduled for automatic implementation later.
Items that are moving slowly are automatically identified so you can take quick action to perform a markdown.
Hit the
Mark
Discover the core features that make Jesta I.S. Merchandising ERP your ultimate choice for success:
Explore More Merch ERP
Solutions
Merchandise Planning
Define your open-to-buys, margins and revenue, digitize your planning and KPIs so users can easily share, publish and reconcile different plans and versions.
Assortment
Build customer-centric assortments, optimize the breadth and depth of your product portfolio and automate your strategies to maximize sales.
Allocation & Distribution
Allocate your inventory to the stores and channels that are likely to sell it the fastest at the highest price considering what’s been sold and localized demand.
Replenishment
Automatically push the right inventory in the right amount to the right place at the right time to maintain optimum stock and service levels.
Size-Pack Optimization
Leverage historical sales data to auto-determine the optimal quantity per size for prepacks to more quickly meet localized demand and maximize sales.
Price & Markdown Management
Plan, analyze and adjust temporary and permanent price changes, simulate their effect on sales and automate markdowns according to your predefined rules.
Sales Audit
Reconcile your POS and OMS data with the transactions and inventory data in your Merchandising applications to ensure accuracy, compliance and control.
Warehouse Management
Achieve unified inventory and order visibility, enhance your space utilization and improve pick-pack-ship efficiency with desktop and mobile capabilities.
Buyer's Toolbox
Review the lifecycle of your inventory at various milestones via a 360° visual carousel of your products. Take action to optimize sales performance.
Category Management
Review key sales and inventory KPIs at the department, class, subclass and item level to track and adjust buying and planning with optimal results.
Analytics
Transform real-time insights into strategic data-driven actions. Leverage predictive and prescriptive analytics based on market and performance data.
Financials
Digitize and centralize your POs, easily and securely manage your EDI invoices with real-time updates, automate three-way invoice matching and more.
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