Roseville, Calif. -- End-to-end merchandise optimization solution-provider Revionics said that beverage retailer BevMo! has selected Revionics as the provider of its price and promotions optimization system.
In a three-year agreement, Revionics will be providing BevMo! Revionics Price Optimization for base price management and optimization and Revionics Promotion Optimization for promotion planning and optimization.
The company will also be delivering its Store Clustering Analysis services that will scientifically group stores for optimal pricing alignment.
“Revionics’ solutions will enable us to improve our cross-functional collaboration efficiency, reduce manual processing through automation and provide our teams with real-time access to fact-based data for more effective pricing and promotions,” said Alan Johnson, CEO for BevMo!