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markdown plan (IS-R)

Retail (IS-R)

Planned reductions (or in some cases increases) in the selling price of a material within a particular period.

A markdown plan can also contain the planned sales quantities and volumes.

Example:

You can control the sale of material stocks using a markdown plan. This pricing mechanism is used as standard for seasonal goods and fashion items, as careful markdown planning enables stocks of a material to be completely sold within a particular planning period.

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