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Luminate Market Price
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Luminate Market Price

Overview
Synopsis

Luminate Market Price software-as-a-service (SaaS) application, built on Microsoft® Azure®, tests and measures interactions between price and demand changes.

Category

Predictive Analytics

Features

• Delivering waste reduction
• Increasing efficiency gains
• Enabling operational stability
• Alignment with business strategy
• Accurate Predictions
• Scientific Optimization
• Daily Optimized replenishment decisions
• Automated forecasting
• Automating price adjustments
• Optimizing high-level KPIs
• Decreasing write-off rates
• Increasing competitiveness

License

Proprietary

Price

Contact for Pricing

Pricing

Subscription

Free Trial

Available

Users Size

Small (<50 employees), Medium (50 to 1000 employees), Enterprise (>1001 employees)

Company

Blue Yonder

What is best?

• Delivering waste reduction
• Increasing efficiency gains
• Enabling operational stability
• Alignment with business strategy
• Accurate Predictions
• Scientific Optimization
• Daily Optimized replenishment decisions

What are the benefits?

• Accurate forecasts
• Best decisions, automated
• Order deliveries done in advance
• Increased revenue and margins-more than 5%
• Low maintenance after initial setup
• Constant price updates based on latest info'
• Optimizes internal and external data

PAT Rating™
Editor Rating
Aggregated User Rating
Rate Here
Ease of use
9.4
6.8
Features & Functionality
9.6
6.6
Advanced Features
9.5
5.9
Integration
9.5
6.1
Performance
9.6
5.4
Customer Support
9.4
4.4
Implementation
5.7
Renew & Recommend
6.1
Bottom Line

Blue Yonder Platform is a cloud based scalable platform for predictive applications that uses the most modern machine learning algorithms.The solutions include Demand Planning, Replenishment, Dynamic Pricing, Returns Optimization, Customer Analytics, Risk Analysis, Predictive Maintenance.

9.5
Editor Rating
5.8
Aggregated User Rating
8 ratings
You have rated this

Luminate Market Price software-as-a-service (SaaS) application, built on Microsoft® Azure®, tests and measures interactions between price and demand changes. With continuous optimization to align with all-channel pricing, Luminate Market Price allows you to optimize hundreds of prices every day while considering the cost and effects of each change.

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1 Reviews
  • Katina Towery
    May 13, 2017 at 10:21 am

    Optimization service system

    What is best?

    Blue Yonder provides an optimization service system with solutions such as Price Optimization and Replenishment Optimization used by grocery and fashion retailers in determining market trends and enhancing their demand and supply elasticity. Blue Yonder Price Optimization uses cluster and aggregation algorithms to accurately determine and evaluate price elasticity for retailers. Blue Yonder Price Optimization allows for increased profits, revenue growth and end-of-season markdown management through dynamic market-driven price implementations that reflect real customer demand.

    Company size

    Medium (50 to 1000)

    User Role

    Super User

    User Industry

    Food

    Rating
    Ease of use8.2

    Features & Functionality8.7

    Advanced Features7.9

    Integration8.2

    Performance8.2

    Training 8.2

    Customer Support8.7

    Implementation9.1

    Renew & Recommend7.9

    ADDITIONAL INFORMATION
    Blue Yonder Replenishment Optimization has accurate and granular order forecasts that allow for weighted waste optimization and product availability while also reducing unnecessary manual intervention. Blue Yonder Replenishment Optimization uses an extremely high automation and continual self adjustment degree system that allows for effective replenishment and scalable processes across hundreds of store locations with thousands of products. Blue Yonder systems are in short, economic on capital, utilize cloud technology and store historic sales data to forecast stock requirements. Blue Yonder systems also engage in cost and stock level reductions, saving on time and providing better offers.

Ease of use
Features & Functionality
Advanced Features
Integration
Performance
Customer Support
Implementation
Renew & Recommend

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