Home / Knowledge / News / Information Technology / 360pi & JDA Software offer online retail pricing solution
360pi & JDA Software offer online retail pricing solution
08
Nov '14
360pi, one of the leading price intelligence providers for retailers and brands, has join hands with JDA Software, one of the top providers of end-to-end, integrated retail, and supply chain planning and execution solutions, to deliver local pricing recommendations for online retailers.

The partnership integrates 360pi’s zone-based pricing intelligence for national and private label brands with JDA’s rules-based Strategic Pricing solution, part of JDA’s larger Price and Promotion Management portfolio. JDA’s Strategic Pricing solution converts 360pi’s competitive pricing intelligence into internal pricing rules, which retailers then use to right-price their assortment, helping them efficiently and effectively navigate retail pricing in competitive markets, JDA Software said in a statement.

Dan Groneck, vice president of product management at JDA Software said, “Retailers struggle to define item-level, localized pricing that adheres to corporate brand image and category strategies, leading to lost margin opportunities and damage to brand equity.”

“Integrating JDA’s solutions with 360pi’s zone pricing insights enables our mutual customers to establish and realize localized pricing that delivers increased margins, sales, brand value and customer satisfaction,” he added.

Alexander Rink, CEO of 360pi, said, “Stores are local, competitors are regional, and brands are national, while online shoppers are all three. The challenge for retailers is how to navigate localized market dynamics to convert shoppers, optimize margins and maintain a positive and consistent brand image.”

“We are extremely pleased to work with acknowledged retail powerhouse JDA to help retailers effectively navigate the omni-channel landscape to realize increased margins and revenues,” he added.

JDA Software’s unique solutions help clients optimize costs, increase revenue, and reduce the time to value to deliver on time.

360pi helps top retailers compete and win in an increasingly price transparent environment. The company actively monitors millions of products from hundreds of retailer websites and delivers price intelligence for exact and similar matched products with unprecedented accuracy. (GK)

Fibre2fashion News Desk - India

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Textiles | On 24th May 2017

Starlinger unveils FX 8.0 circular loom for fabric making

Starlinger, a leading supplier of machinery for woven plastic...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search