RGM Prescriptive Optimization
RGM Prescriptive Optimization uses advanced analytics and science techniques to recommend specific actions that businesses can take to maximize their revenue growth. AI-supported modelling allows for superior and automated RGM recommendations.
Prescriptive Optimization
how it works
Using Virtual Customer modelling the Prescriptive Optimization suggests the optimal pricing strategy.
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Virtual Customer models are generated based on market research, product master data, and historical sales data.
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The virtual customers are consulted when users run manual simulation scenarios.
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The same virtual customer model is also the basis for AI-driven prescriptive optimization suggestions.
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Decision makers are presented with a range of suggestions on ideal price points, product assortments, and actions.
Predictive Optimization
Pricing & Revenue Growth Challenges Solved
Fact-based Decisions
RGM prescriptive optimization provides actionable guidance based on data-driven insights, allowing companies to make more informed decisions directly impacting their bottom line. It helps businesses to.
Optimal Pricing Strategy
Determining the right price for products in varying market conditions and consumer segments is challenging. RGM prescriptive optimization utilizes predictive analytics to simulate how different pricing strategies impact demand and revenue, helping businesses find the optimal balance between price and volume to maximize profit.
RGM Optimizer & Simulator Plans
Find a plan to suit your business needs.