BIpro LITE 1.5.1.0
BIpro LITE is a price management application that allows the user to model different price assignment scenarios to achieve budget or profit goals.
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BIpro LITE is a price management application that allows the user to model different price assignment scenarios to achieve budget or profit goals.
It is able to scan a relational, Microsoft Analysis Services/OLAP or flat file databases in order to search for either categories or individual products, which are sensitive to price changes.
These type of products are also called price elastic products. For each found entity BIpro LITE builds a specific demand model based on (Price, Quantity) ~ patterns using our proprietary definition of elasticity as a more reliable measure of the price sensitivity.
These models form the basis for prediction of either price or sales quantity. BIpro LITE is a price and revenue optimisation tool, designed as a price management decision support tool.
BIpro LITE features
Requirements
Limitations
tags bipro lite products that price changes for products that might form the price management that allows that are
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