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Jesta I.S. Home ➞ Retail Management Suite ➞ Merchandising ERP ➞ Price & Markdown

Price & Markdown

Plan, analyze and adjust temporary and permanent price changes, simulate their effect on sales and automate markdowns according to your predefined rules.

Everything Has

a Price

Tired of pricing errors? Jesta’s Price Management module 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 tool 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 if preferred.

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. Best of all, the solution integrates seamlessly with our point of sale system for complete consistency across your entire organization.
A Cut Above
The Rest

Discover the core features that make Jesta I.S. Merchandising ERP your ultimate choice for success:

The inactivity scan can be scheduled to run as a one-time occurrence or as a recurring task.
Specific styles can be excluded from the automated markdown logic.
A style may be eligible for second and third markdown even if the previous markdown level was not executed.

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