RETAIL REVENUE MANAGEMENT title: Retail Revenue Management (IS-R) (SAP Library - Glossary)
RETAIL REVENUE MANAGEMENT category: Retail (IS-R)
RETAIL REVENUE MANAGEMENT explained:
A method for establishing sales prices in retail.
Sales prices are determined on the basis of consumer behavior with the aim of optimizing revenue. Consumer behavior is expressed by price elasticities for individual articles and between different articles, which are determined by analyzing historical sales data. Similar revenue optimization methods are also used for determining promotion sales prices and markdowns.
Due to its mathematical complexity, special programs have been developed for Retail Revenue Management called Retail Revenue Management systems.
More terms such as Retail Revenue Management in Dictionary R.
- Manual Reason For Dose Difference:
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- Manual Requirements Definition:
- Help A shift planning function allowing you to process requirements according to company-specific tasks, requirements or individual organizational units retail revenue management explain.
- Manual Requirement Structure:
- Help The hierarchical structure of several requirements that shows the corresponding links and dependencies retail revenue management what is.
- Manual Relationship Editor:
- Help A portal unification utility by which the relationships between business objects, imported from back-end systems into the Portal ContentDirectory, can be displayed and edited retail revenue management meaning.
- Manual Response Time (SBO):
- Help The amount of time required to respond to a service call retail revenue management abbreviation.
