This blogpost explores Origin’s Price Change Management capabilities, as well as what clients think about the PIM solution and its unique price change features.
Our PIM solution, Origin, has many key features well loved by retailers. But so do other PIMs on the market! Origin, however, stood out to our clients partly because of its unique Price Change Management capabilities.
When developing our PIM solution, including Price Change Management functionality as a feature was non negotiable. With all Retail247 colleagues coming from a retail background, our product team agreed that price is a fundamental element of product data. It still surprises us that it’s not standard across the industry! Therefore we designed Origin so that our clients would be able to update prices in the same place they manage the rest of their product data.
Origin provides consistent and visible pricing control across multiple channels, zones, countries and currencies. With Origin, our clients can define price changes at multiple levels. Users can also apply rules to control inter-zone relationships and price points. Multi-zone and multi-currency relationships with price pointing and rounding are all standard. Price changes are raised to affect one or many channels, and channel lead times as well as delivery requirements are considered. Origin ensures that the right price is delivered to the right place at the right time.
What do our clients think of the PIM Solution and its pricing features?
Our clients have been hugely complimentary of our PIM solution’s Price Change Management features. As with many retailers, pricing at Reiss was based on a collection of spreadsheets and manual processes. This of course led to error and inefficiency. Multiple channels with varying information needs made this even more of a burden. See Reiss’s thoughts below:
“Origin has transformed the way we manage our price change activity. Clear process and visibility allow our multiple channels to be managed efficiently and accurately.” – Anna Kimber, Business Partner at Reiss
“Price Management is a core activity for any retailer. Retail247 worked directly with my team to understand and challenge our requirements, delivering immediate value.” – Jonathan Blanchard, COO at Reiss
Whether you’re already an Origin client looking to expand your PIM functionality, or a retailer looking for a PIM solution that includes Price Change Management, it’s a feature that we can offer you.
To learn more about Origin and its price change functionalities, get in touch! Simply reach out to info@retail247.com.
