Revenue projections for the period is important at many levels in the organization. OpsVeda’s Revenue Management solution helps you provide an informed guidance to different stakeholders. It allows you to simulate revenue achievement under various scenarios, and plan price changes as well as promotions.
Revenue Estimation & Tracking
Simulate allocation against orders to estimate revenue potential based on orders received. Apply anecdotal or machine learned probabilities to account for uncertainties like vendor delinquency or 3PL delays
For revenue that is at risk the system will suggest mitigating measures like drop-shipment, expedites and alternate SKUs
Prescribe price based on historic prices, costs if relevant, and online prices. Simulate revenue based on price-elasticity
Identify SKUs to promote based on revenue impact and cannibalization probability