Optimization - Markdown 1.1.0

This document summarizes major improvements and fixes introduced in the Accelerate Markdown Optimization package release version.

Version

1.1.0

Release Date

Sep 13, 2023

Table of contents:

New Features and Improvements

Description

ID

Description

ID

In the Stock Target Type field, there are two new supported values: % relative decrease of Quantity of Stock (per product and store) and Stock value (total stock value per store, defined as money value).

PFPCS-6856
PFPCS-6890

It is possible to create a "markdown ladder" (predefined set of discounts) to provide a clearer guidance in discounts to markdown prices.

PFPCS-6859

Impact tab in the Results step newly contains a bar chart showing "Average Markdown on Recommended Retail Price".

PFPCS-7114

Time period can be defined in days and months now (in addition to week periods).

PFPCS-7115
PFPCS-7116

There is a new indicator "Sales Push" showing the intensity of the markdown strategy. It signals how much more sales is intended and is is either of the "Requested" or "Forecasted" type.

PFPCS-7142

Breakdown chart now better handles stores in the scope to define what is lost business and what is new business.

PFPCS-7143

For configuration purposes, more fields have been made available to the eval function. These fields are: Recommended Retail Price, Retail Price, Markdown on RRP (%) and Markdown to retail price (%). 

PFPCS-7156

Fixed Issues

Bug Description

ID

Bug Description

ID

Last period of the Revenue Breakdown chart is based on the latest historical data according to the filter, but it should not depend on the filter.

PFPCS-7240

The average competition positioning is not computed correctly.

PFPCS-7340

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