Price and Promotion Manager allows merchants and supply chain professionals to take a holistic approach to integrated forecasting and replenishment. We enable non-technical business users to harness the power of AI to intelligently automate decision making across the forecasting lifecycle. As an end-to-end solution, we help merchants better understand what products to promote, to how much inventory to stock at a store level to fulfill demand. Our retail-centric approach to product development applies novel solutions to more accurately forecast demand, and seamlessly integrate with execution systems.

Our three modules address all aspects of the planning and execution stages:

LEARN

Learn From the Effectiveness of Past Performance & Generate Recommendations

Consolidated view of past product performance
Gain instant insight into price elasticity, uplift potential, contribution and importance to category
Leverage a recommendation framework to guide future planning activities
If applicable, overlay customer-centric data with mass promotion measurement – learn how different customer segments behave

OPTIMIZE

Simulate expected promotion performance & Build Experimental Promotions Directly in UI

Simulate expected performance incorporating complex variables prior to committing to a forecast
Generates key financial metrics
Enables and encourages data-driven decision making and optimal planning
Generates early forecast, which can be used for planning purposes

ACTIVATE

Integrate Machine Learning Into the Forecasting Process

Allows non-technical business users to harness the power of RK’s Machine Learning forecasting engine
Self serve and fully integrated with supply chain processes
Granularity by week, store, item and various promotion types and mechanics
Machine learning engine continuously improves with more data

Price and Promotion Manager

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