Markdown are phased down reduction in prices, which may due to seasonal pricing, vendor sponsored price changes, effort to reduce inventory etc. Basically, markdowns provide strategy to reduce the price of a particular article in a phased down manners, EQUAL or varying % of price being reduced at a regular intervals. SAP IS Retail provides tools to manage this. It provides tools to PLAN a markdown ACTIVATE and send the data down to the stores. It ALSO provides various reports to see how the different markdowns are doing.

Markdown are phased down reduction in prices, which may due to seasonal pricing, vendor sponsored price changes, effort to reduce inventory etc. Basically, markdowns provide strategy to reduce the price of a particular article in a phased down manners, equal or varying % of price being reduced at a regular intervals. SAP IS Retail provides tools to manage this. It provides tools to plan a markdown activate and send the data down to the stores. It also provides various reports to see how the different markdowns are doing.