Epicor Software Adds MarkdownXpert to Their Retail Merchandising Suite

The economic crisis has forced retailers to be more strategic and scientific with markdown processes, and ERP provider Epicor Software is there to meet their needs. Earlier this week, Epicor announced they would be adding MarkdownXpert to their Retail Merchandising suite.

The optimization offered by MarkdownXpert allows users to take a more effective markdown approach to better manage inventory and margin risk. Markdowns are elemental to stimulating sales, but naturally, unmonitored markdowns can be detrimental. MarkdownXpert has scalable algorithm development, and will give retailers apt and granular information regarding consumer demand, enabling them to make informed decisions.

A bonus to MarkdownXpert’s resources is the application’s ability to “learn” from each retailer’s best practices over time and use this information predictively. MarkdownXpert will make recommendations, and provides the retailer with a more accurate and relevant forecasting source. Like Epicor’s other ERP solutions, Retail Merchandising utilizes Microsoft .NET technology to improve business operations and help businesses acclimatize to ever-changing merchandise and service expectations. Companies that will benefit from the new MarkdownXpert are Zales, American Eagle Outfitters, and Ann Taylor, to name a few.

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