Friday, August 21, 2009

Advanced Pricing Solution

Pamida, operators of more than 200 general merchandise stores across 17 states, has selected the Revionics Advanced Pricing Solution (RAPS), which features a fully integrated forecast, planning and optimization environment across every day, promotion and markdown pricing. Pamida is known for providing consumers value and convenience for branded products, including apparel, home electronics, domestics, seasonal items, toys, house wares, and grocery items. The Revionics solution will calibrate prices on every item, in every store, each week across all categories ensuring Pamida is achieving their desired price image and financial objectives. Additionally, Revionics Promotion and Markdown Optimization will help Pamida plan and execute more effective, localized events based on regional product demand. (Bill Young, Senior VP of Store Operations at Pamida.)


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