Price optimization is key to achieving retail success. But too often there’s a communication breakdown between the supply and demand cycles—with predictably negative consequences. For a look at the problems caused by failures in price optimization—and how to avoid them—click here.How do tough economic times affect pricing strategies for manufacturers and service companies? TEC’s Senior Analyst PJ Jakovljevic set out to find the answer, and here is his report on the tricky realities of price management in a down economy.
Small and midsized retailers have major headaches competing with the giant chains and big-box stores. But now they can turn to a powerful new weapon: integrated retail solutions that capitalize on collective retail intelligence. Learn more here.