Oracle Retail Price Management

Oracle Retail Price Management is a strategy-based pricing solution that suggests and assists with pricing decisions, yielding a more predictable and profitable outcome. Evaluate prices within a broad business context with real-time access to competitive and market data, projected sales impact, margin, pricing-based costs, current and projected inventory positions, markdown budgets, and other important price-related information.

Oracle Retail Price Management is part of Oracle Retail's Merchandise Operations Management solution group.

Oracle Retail Price Management provides decision support to all pricing-focused business information at your fingertips to validate and approve pricing and markdown suggestions, resulting in higher margins, increased sales, and strengthened productivity, all while remaining competitive.

• Increase profitability by proactively managing profit margins across all merchandise and locations. Improve markdown quality and minimize profit erosion.
• Achieve higher sales by setting the right price and markdown strategy to achieve higher sales.
• Increase productivity by managing by exception to save you time and give focus to pricing opportunities with the most favorable business impact.
• Ensure optimal inventory levels through objective and fact-based pricing strategies to maximize inventory movement and meet your sales and profit objectives.
• Maintain price image in the market through consistent pricing strategies across the organization and with competitive visibility.
• Provide pricing suggestions and management by location, zone, or corporate levels, and across all selling channels.
• Perform "What-if" analysis to understand the impact of the change on the financial, competitive, and inventory positions via a decision analysis tool.