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.
Items that are moving slowly are automatically identified so you can perform a markdown.
Discover the core features that make Jesta I.S. Merchandising ERP your ultimate choice for success:
Explore More Merch ERP
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.
Build customer-centric assortments, optimize the breadth and depth of your product portfolio and automate your strategies to maximize sales.
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.
Automatically push the right inventory in the right amount to the right place at the right time to maintain optimum stock and service levels.
Leverage historical sales data to auto-determine the optimal quantity per size for prepacks to more quickly meet localized demand and maximize sales.
Reconcile your POS and OMS data with the transactions and inventory data in your Merchandising applications to ensure accuracy, compliance and control.
Achieve unified inventory and order visibility, enhance your space utilization and improve pick-pack-ship efficiency with desktop and mobile capabilities.
Review the lifecycle of your inventory at various milestones via a 360° visual carousel of your products. Take action to optimize sales performance.
Review key sales and inventory KPIs at the department, class, subclass and item level to track and adjust buying and planning with optimal results.
Transform real-time insights into strategic data-driven actions. Leverage predictive and prescriptive analytics based on market and performance data.