Content about Operations research

April 8, 2014

Delhaize America has entered into a multi-year agreement for Revionics Life Cycle Price Optimization solutions, which include Revionics Price Optimization, Revionics Promotion Optimization and Revionics Markdown Optimization.

Salisbury, N.C. – Delhaize America has entered into a multi-year agreement for Revionics Life Cycle Price Optimization solutions, which include Revionics Price Optimization, Revionics Promotion Optimization and Revionics Markdown Optimization. The agreement also includes Revionics Advanced Analytics services: key value item (KVI) analysis, item clustering and market basket analysis.

January 28, 2013

By Kevin Farkas, Active International

December 5, 2012

By Keith Carpentier, Tensator, Inc.

By Keith Carpentier, keith.carpentier@tensator.com

February 28, 2012

Revionics, a provider of retail life cycle price optimization solutions, announced that Big Y Foods has renewed its price optimization software agreement with Revionics.

Roseville, Calif. -- Revionics, a provider of retail life cycle price optimization solutions, announced that Big Y Foods has renewed its price optimization software agreement with Revionics.

Big Y leverages the solution for its base price planning and optimization throughout all of its supermarkets.

January 4, 2012

Retail life cycle price optimization solution-provider Revionics said it has partnered with K-VA-T Food Stores for a price optimization solution.

Roseville, Calif. -- Retail life cycle price optimization solution-provider Revionics said it has partnered with K-VA-T Food Stores for a price optimization solution.

K-VA-T will deploy Revionics  Price Optimization and Revionics Promotion Optimization, which includes Revionics' category planning tools, weekly price maintenance capabilities and optimized prices across all pricing zones, each week.  

December 1, 2011

Cross-channel merchandise planning and assortment solution provider 7thonline said that sports brand Oakley has selected 7thonline Merchandise and Assortment Management to increase the productivity of its inventory and merchandising process.

New York City -- Cross-channel merchandise planning and assortment solution provider 7thonline said Thursday that sports brand Oakley has selected 7thonline Merchandise and Assortment Management to increase the productivity of its inventory and merchandising process.

The solution includes merchandise financial planning, visual and analytical assortment planning, in-season OTB management and forecasting, and embedded business intelligence, based on powerful optimization engines.

November 17, 2011

With a week to Black Friday, Lawrence, a Tensator Group Co., and a provider of queue management solutions, has issued its top five considerations for Black Friday crowd management.

Bay Shore, N.Y. -- With a week to Black Friday, Lawrence, a Tensator Group Co., and a provider of queue management solutions, has issued its top five considerations for Black Friday crowd management.

By bearing the following considerations in mind and implementing simple queue management solutions, customers will be able to safely and efficiently move through checkout lines, according to Lawrence,  and retailers can rescue sales that would have been otherwise abandoned.

October 26, 2011

Best Buy Co. announced Tuesday that it will waive the minimum purchase limitations and offer free shipping on its complete inventory of 400,000 website items from Nov. 1 through Dec. 27.

Minneapolis -- Best Buy Co. announced Tuesday that it will waive the minimum purchase limitations and offer free shipping on its complete inventory of 400,000 website items from Nov. 1 through Dec. 27.

"Consumers are looking for value, service and savings this year, and our goal is to provide them with convenient, creative and less costly ways to make the holiday shopping experience more enjoyable," said Barry Judge, executive VP and CMO, in a statement.

October 6, 2011

Retail life cycle price optimization solution-provider Revionics said Wednesday that Gander Mountain Co. has selected the Revionics Price Optimization solution, which provides both base price management and price optimization.

Roseville, Calif. -- Retail life cycle price optimization solution-provider Revionics said Wednesday that Gander Mountain Co. has selected the Revionics Price Optimization solution, which provides both base price management and price optimization.

The companies have entered into a two-year agreement. Revionics will help deploy these solutions throughout Gander Mountain's retail stores ensuring optimal monitoring, management and results.

September 27, 2011

With more than 6,800 stores nationwide, Family Dollar is a leader when it comes to operating a tight ship. Most recently, with threats of rising operating costs, the Matthews, N.C.-based discounter put a renewed focus on inventory management. An important priority: automating inventory auditing operations in an effort to speed up the recording process and improve reporting accuracy.


July 22, 2011

Books-A-Million confirmed it has submitted a bid to purchase, among other things, the inventory, fixtures, equipment, and leasehold interests for 30 Borders locations.

Birmingham, Ala. -- Books-A-Million confirmed it has submitted a bid to purchase, among other things, the inventory, fixtures, equipment, and leasehold interests for 30 Borders locations. Under the proposed bid, Books-A-Million will assume the leases for these locations and continue to operate these stores. The move comes as Borders Group, after winning court approval, begins to liquidate its business.

June 20, 2011

Retailers that sell gasoline have long been challenged to maintain margins and reduce costs related to retains and run-outs and other operating expenses. It’s even more of a priority today, given the volatile fuel market and increased competitive pressures. 


May 10, 2011

Weiss Markets has selected Retalix's Demand-Driven Replenishment solution to optimize its overall in-stock position and reduce excess inventory and out-of-stocks in its stores.

Dallas -- Weis Markets has selected Retalix's Demand-Driven Replenishment solution to optimize its overall in-stock position and reduce excess inventory and out-of-stocks in its stores.

“We wanted a system that could provide demand-based forecasting and replenishment and assist us in optimizing our inventory. Retalix's Demand-Driven Replenishment solution was the ideal fit," said Bob Mawyer, VP of information technology at Weis Markets, Sunbury, Pa., which operates 164 stores.

April 27, 2011

Revionics, Roseville, Calif., a leading provider in retail life cycle price-optimization solutions, announced that Fairway Market has selected the Revionics Price Optimization solution for base pricing.

Roseville, Calif. -- Revionics, Roseville, Calif., a leading provider in retail life cycle price-optimization solutions, announced that Fairway Market has selected the Revionics Price Optimization solution for base pricing.

March 30, 2011

Retalix announced Wednesday that c-store chain Family Express has selected the Retalix Demand-Driven Replenishment solution to reduce out-of-stocks, enhance the quality of its center-of-store product and fresh product offerings, and optimize its inventory position.

Dallas -- Retalix announced Wednesday that c-store chain Family Express has selected the Retalix Demand-Driven Replenishment solution to reduce out-of-stocks, enhance the quality of its center-of-store product and fresh product offerings, and optimize its inventory position.

“Retalix’s Demand-Driven Replenishment solution offers one of the most robust, feature-rich systems on the market, and the depth of its intuitive analytics made our decision very easy,” said said Bill Nolan, VP marketing of Valparaiso, Ind.-based Family Express.

March 7, 2011

In recent years, real-estate portfolio optimization has become standard practice for retailers, and with it, so, too, have store closings. Oftentimes, the closings result from retailers’ desire to relocate stores to improve their position within a market as leases come up for renewal. Or they may result from the necessity to move to a smaller or larger footprint. In other instances, a location may be underperforming the rest of the chain. 


January 19, 2011

RedPrairie Corp., a productivity solutions provider, announced that it has finalized the acquisition of SofTechnics, a leading provider of integrated retail enterprise solutions that has been serving customers for more than 20 years.

Atlanta -- RedPrairie Corp., a productivity solutions provider, announced that it has finalized the acquisition of SofTechnics, a leading provider of integrated retail enterprise solutions that has been serving customers for more than 20 years.     

January 12, 2011

RedPrairie, a supply chain and labor management systems provider, announced it has finalized the acquisition of SofTechnics, Columbus, Ohio, a provider of in-store software such as price and inventory management, intelligent store ordering and direct-store delivery.

Alpharetta, Ga. -- RedPrairie, a supply chain and labor management systems provider, announced it has finalized the acquisition of SofTechnics, Columbus, Ohio, a provider of in-store software such as price and inventory management, intelligent store ordering and direct-store delivery.

Terms of the deal were not disclosed.

January 4, 2011

Real estate portfolio optimization has become standard practice for retailers and, in the current environment, store closings often outnumber openings. In many cases, closing stores is a proactive move.

By Richard P. Edwards, redwards@gordonbrothers.com

Real estate portfolio optimization has become standard practice for retailers and, in the current environment, store closings often outnumber openings. In many cases, closing stores is a proactive move. For instance, healthy retailers strengthen their positions by closing under-performing stores and relocating stores within a market is an ongoing process when retailers review leases up for renewal or look to improve their position in the area.

October 3, 2010

Chief financial officers at leading U.S. retailers expect a 1.95% increase in overall sales for...

September 7, 2010

Revionics, a provider of retail life cycle price optimization software, announced Family Dollar’s successful implementation...

January 4, 2010

Roundy’s Supermarkets is implementing an inventory-management solution from SofTechnics, a provider of mobile price and...

December 31, 2009

Recently, I watched the 1983 film “War Games” where a U.S military supercomputer attempts...

December 31, 2008

Retailing has always been a gamble, with inventory management perhaps the consummate game of chance....

December 31, 2008

Retailing has always been a gamble, with inventory management perhaps the consummate game of...