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Automated Markdown

Overstock is the most costly problem for the average store. Most merchants underestimate the out-of-pocket costs associated with inventory overstock and completely disregard the other two types of overstock costs, which are both higher. Excessive markdowns that result from not having an effective clearance system cost about 33% of the original landed cost of the overstock. Lost sales from stock-outs caused by having money tied up in the wrong stuff cost at least as much as the other two combined. Something HAS to be done. PROFITprofessional’s Auto-Markdown does not wait for the next sale to start finding the highest price that will sell each dog. The job gets done sooner, at less cost.