Managing the pricing cycle

Managing: people

A decade ago “price optimisation” was expected to transform retail operations and improve profitability. Despite the hype few UK pilots progressed to roll-out, but elsewhere the technology has become mainstream. Penelope Ody asks whether it’s time for multichannel retailers to catch-up. Back in  the early 1990s a spinoff from Manchester University’s computer sciences department came up with a (more…)