1 day
Online Offline

DescriptionWhat we offer

This hands-on course is for those whose job includes responsibility for end of product lifecycle markdown planning.

In this course, you work within a dedicated training environment to practice the skills required 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.

ObjectivesWhat you learn

  • 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

TopicsThe best for you

  • 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

PrerequisitesWhat should you know

There is no required prerequisite course work for IBM DemandTec Markdown Optimization Basics.

In addition, it is recommended that learners:

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

AudienceWho should attend

This course is designed for Merchandising Executives, Pricing Analysts, and associated professionals.