SAN CARLOS, Calif. DemandTec recently introduced a new update for their optimization suite, which will enhance usage and advanced analytics for retailers and consumer product manufacturers.
The new update has some new and advanced features like, enhanced user interface design, which gives modifications to navigation and other elements within pricing, promotion, and markdown processes. It also allows for more considerable workflow to support unique requirements of individual customers. New graphic visualization for users to see how models and optimization science is delivering sales volume benefits, profitability, and revenue. Advanced web elements to offer greater interactive use on a web-based application is also a feature of the update.
"This release, our 28th in the last 40 months, highlights the value of the on-demand model compared to traditional behind-the-firewall software implementations," said Marc Dietz, vice president of product marketing at DemandTec.
The DemandTec suite of applications is used by retailers and consumer products companies to optimize prices, promotions, and other strategic decisions, and to collaborate more effectively with their trading partners.