reducing waste with grocery & fmcg retailers
Balance freshness, profitability, and customer satisfaction – turning daily essentials into daily wins.
How grocery stores thrive with Pricen
In the competitive grocery industry, maintaining optimal pricing strategies is crucial for maximizing profits, attracting customers, and efficiently managing inventory. Pricen’s Dynamic Pricing Tool for Grocery leverages AI-driven insights to help you optimize profit margins at the category level, run profitable promotions that drive foot traffic, and manage inventory effectively to ensure that best-before batches are sold out promptly. By automating these critical pricing and promotional functions, you can enhance profitability, boost sales, and maintain a strong competitive edge in the grocery market.
Base price optimization
Price staples smarter. Our Base Price Tool ensures that your everyday essentials hit the sweet spot between value and profitability.
- Set competitive starting prices
- Automate price setting for newcomers
- Plan inventory with smarter data
Price on any level or zone
Efficiently handle pricing variations across different store types, regions, or zones with Pricen’s advanced pricing management tools. This strategic approach ensures that each store type and region is optimally priced to meet unique customer demands, maximize profitability, and maintain consistency across your entire retail network.
- Manage line pricing strategically
- Compare forecasts between prices
- Create strategic approval process
Keep pricing profitable
Ensure that each product category contributes positively to your bottom line. Pricen’s Profit Optimization module analyzes sales data, cost factors, and market trends to set optimal prices for each category. This targeted approach ensures that your pricing strategies are tailored to maximize profitability across all product categories, helping you maintain healthy profit margins and drive sustainable growth.
Optimize markdowns - even on batch level
Prevent overstocking and ensure that best-before batches are sold out promptly with Pricen’s Markdown module. Our AI-driven solution automatically adjusts prices based on real-time inventory levels and demand forecasts. This ensures that your inventory is kept under control, reducing waste and optimizing stock turnover. By dynamically managing markdowns, you can maintain a balanced inventory and enhance overall operational efficiency.
- Reduce waste and recover revenue
- Set markdowns on item on item basis
- Match prices to real-time demand
Foodin partners with Pricen to optimize promotions and overall pricing
“Pricen is an invaluable asset for our pricing needs, especially when it comes to making the process more efficient and saving time. With Pricen, we can find the best price for each product and enhance our promotional activities.
Tomas Nordström, Head of Ecommerce
Key benefits
Reduce waste
Prevent spoilage with precise and smart markdowns that turn perishables into opportunities.
Win with dynamic price intelligence
Adjust prices on the fly to match demand and competitor moves.
Maximize margins on essentials
Leverage AI insights to make high-turnover items work harder for your business.
Reliable integration with your business platforms
Whether it’s your e-commerce platform, ERP, PIM, or other systems, Pricen ensures smooth and secure integration. Even if your platform isn’t listed, there’s a good chance we’ve worked with it – reach out to find out how we can help.
Questions?
