Price Life Cycle Optimization RFP

The ARTS Price Life Cycle Optimization RFP describes the complete Price Life Cycle from new item pricing through final clearance pricing including the functionality needed for pricing, promotions, markdowns, optimization, and demand forecasting. This RFP is the sixth in a series of Standard RFP templates developed jointly by ARTS and the National Retail Federation (NRF).

Retailers who implement price optimization applications are able to establish prices based on historic, competitive and customer demand information, as well as other analytical factors provided by the selected vendor.

The Price Life Cycle Optimization RFP is FREE to ARTS members. To download the RFP, click here.