The NRF-ARTS Standard RFP for Price Optimization applications helps retailers select this must-have tool to maximize profit margins in today's competitive environment.
Price Optimization applications help retailers establish initial prices and manage their mark-down cycles. These packages are intended to maximize profit margins while managing information about price changes due to competitor price changes, cost increases or inventory aging.
Standard RFPs significantly shorten the time retailers spend researching new applications to suit their business processes. A joint project of NRF and ARTS, members of both organizations can obtain them free of charge from either the NRF or ARTS websites. Nonmembers may purchase them for a fee of USD 5,000 in the NRF Bookstore.
Members Download RFPs.
To view all NRF-ARTS Standard RFPs, click here.