Phoenix, AZ (PRWEB) January 09, 2014
Manthan Systems, the global leader in Retail Analytics and Business Intelligence, today introduced their ARC Pricing Optimization application in alignment with their core value – Analyze. Decide. Do. Manthan works with their customers to help them engage all retail business processes across the entire analytical lifecycle reaping the benefits and maximizing the potential of their data through advanced retail analytics.
“The price optimization solutions offered in the market today are not meant for industries like retail that have specific pricing requirements with high functionality,” said Raj Nellutla, SVP Merchandise Analytics for Manthan. “On the other hand, we have developed this very unique application that is custom designed for retail pricing scenarios with features like auto recommendation, discovery, forecasting, simulation, and visualization that provide the business user a guided experience in a user friendly environment.”
Manthan’s ARC Pricing Optimization offers breakthrough capabilities designed specifically for the retail environment. It is a part of the company’s latest release of its ARC Merchandise Analytic application - MA6.4 - offering a plethora of capabilities including:
- Auto Recommendation – Identify products at group or individual store level that are candidates for price changes based on performance objectives and pricing strategies
- Optimization Capabilities - Forecast and simulate scenarios based on changes to inputs like pricing strategies applied or targeted performance on metrics
- Execution Capabilities – Implement price recommendations through an automated or governed process to reflect the changes with minimal human intervention
- Guided Analytics – Use workflow-driven analytics to execute specific business processes, from discovery and auto-recommendation, to decision-making and execution in real-time
- Rich Visualization - See the impact of price changes and spot exceptions that need specific action, without having to browse rows of data
- Predictive Analytics - Close the loop between “analyze” and “act” with predictive and simulation innovations including write-back capabilities to source systems
ARC Pricing Optimization delivers the power of its sophisticated technologies and underlying complex algorithms directly to end users through an extremely intuitive and easy to understand user interface.
Manthan will preview ARC Pricing Optimization at the upcoming NRF 103rd Annual Convention and Expo in New York, New York, January 12-15, 2014, where the company will be showcasing its full suite of ARC solutions at Booth #2775. To schedule an appointment at the NRF Convention, please contact the company directly at http://www.nrf.manthansystems.com.
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About Manthan Systems
Manthan serves as the Chief Analytics Officer for retailers worldwide.
With its portfolio of analytics products and solutions, Manthan helps its customers derive competitive advantage through data-driven decisions. Over 100 retailers in 18 countries use Manthan’s predictive and guided analytics, pre-built and flexible dashboards, and dynamic reporting with complete mobile enablement every day. The company provides the only retail solution to support the entire decision-making lifecycle, from inquiry through action.
Manthan is the largest organization solely committed to delivering best-in-class retail BI solutions with over 700 employees in five countries. For more information, please visit http://www.manthansystems.com.
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