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IBM DemandTec Markdown Optimization Basics

Currently no upcoming Class Dates

Description

This hands-on course teaches you how to use the IBM DemandTec Markdown solution effectively. You will learn how to create improved markdown plans that meet your corporate and category objectives, and review markdown financial forecasts, override schedules and approve a plan for implementation.

Objectives

  • Create a markdown plan
  • Optimize and predict a markdown plan to produce schedules and occasions
  • Duplicate, view and edit a markdown plan or scenario
  • Review the results of a markdown plan
  • Compare markdown schedules to determine the schedule that best meets defined business goals
  • Create and maintain product groups, store groups, and location zones that are applicable to your markdown strategies

Audience

This basic course is for:

  • Merchandising Executives
  • Pricing Analysts
  • Associated professionals

Prerequisites

You should:

  • Have some experience using web browsers, the internet and Microsoft Windows operating systems
  • Be able to navigate a GUI environment
  • Have experience working with spreadsheets and reports.  

As you work through the concepts and tasks, it is assumed that you are familiar with Microsoft Excel; although this will not be a blocking issue to learning.

Duration

1 days

Topics

  • Introduction and data overview
  • Navigation of the Markdown solution
  • Pre-Optimization Setup
  • Markdown creation
  • Markdown forecasting and improvement
  • Detailed Markdown scenario results and scenario comparisons
  • Overrides and Markdown Re-optimization
  • Data Maintenance and reporting

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