Product/Service

The Strategic Pricing System (SPS)

Source: Prescient Retail Solutions
As the core of the SRS suite, this "toolbox" contains all of the components required to establish a comprehensive pricing strategy...
As the core of the SRS suite, this "toolbox" contains all of the components required to establish a comprehensive pricing strategy, automate price generation for all items within an organization, and output the resulting prices to POS and other support systems. Specific components include:
· Systems administration and setup
· Price planning and review
· Competitive strategy
· Shelf tags and electronic coupons

Modeler
Using real-life information from existing store systems, the Modeler allows users to project and compare results from various pricing strategies. With this tool, item pricing can be fine-tuned to deliver maximum possible profit.
· Fine-tune pricing strategies based on historical sales performance
· Incorporate elasticity and sensitivity, margins and profitability into different pricing strategies
· Create and save models for review in later sessions
· Review sales information for a selected item by week, month, quarter and year

Visual Merchandiser
This powerful reporting tool provides numerical and graphical representations of sales, movement, and profitability for the Stores, Zones, and Categories that comprise an organization - helping users understand and track progress towards meeting their objectives.
· Gather information to refine Category, Store, Zone, and Vendor pricing strategies based on real-life data
· View graphical representations of movement data for Stores, Zones Vendors, Categories, or Item Groups
· Select any group to view total sales, units sold, GM and contribution to department
· Display information for the current month, quarter or year, as well as, historically throughout the previous calendar year

Import Utilities
A specialized toolset providing enhanced efficiency and flexibility to create and maintain store units.
· Replicate existing Store data or levels to new Stores
· High-volume load of legacy system data
· Remove Stores and their associated levels and Items from the SPS system
· Import competitor and vendor information

Prescient Retail Solutions, 5230 East Shea Blvd., Suite 100, Scottsdale, AZ 85254. Tel: 480-778-9805; Fax: 480-778-9494.