 Prescient.com > Solutions > Supplier Solutions > Demand Planning > Product Profiler
Product Profiler: Maximizing Product Profitability
Key Features
- New Product Introduction
- Create analysis definitions with an easy-to-use interface
- Analyze cross section of data for any item or group of items
- Create a Product Profile using this data
- Apply Product Profile to forecast demand for any items expected to behave similarly
- Life Cycle Planning
- Analyze profit potential of new product being phased in
- Use historical data to forecast demand
- Determine time period for phase out
- Adjust the forecast for the phase out
- Promotions Planning
- Determine type of promotion to be run
- Review history and results for similar promotions
- Analyze how demand was impacted by the promotion
- Forecast demand based on results
To succeed in today’s fast-paced, competitive environment, you have to make every product profitable, every step of the way, from launch through retirement.
Prescient’s Product Profiling is a powerful analysis tool that facilitates new product introductions, conducts promotion analysis, and manages the product lifecycle. By providing a detailed analysis of past demand patterns and applying that data to like products, Product Profiling helps you understand what makes a product launch successful, how a promotion will impact demand forecasts and revenue streams, and how long a product is likely to be profitable. It also creates seasonality profiles and plans inventory pipeline fill requirements through increased visibility into consumer demand.
With Prescient's Product Profiling, you can use your past to have a more profitable future.
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