One of the main challenges in the fashion industry is dealing with excess stock at the end of the product lifecycle, most commonly when transitioning between collections or seasons. This often results in sales with no or even negative margins and if items can't be sold off, they might have to be thrown away. This is expensive and can be harmful to environment and climate. In this webinar we will demonstrate how intelligent pricing software can help you be more profitable and sustainable, by optimizing the markdown pricing process.
During this webinar we will talk about:
- Pricing challenges related to the product life cycle in the fashion industry
- Resulting requirements for price optimization software
- How SAP Dynamic Pricing by GK has helped our customers solve these challenges
