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Exception Alerts
Iris evaluates progress against the plan across every clearance still running, shows how far behind each one is, and identifies the one carrying the most risk, so planners know where to start.
Scenario Planning
Iris compares discount levels using the same products, stores, and time period, showing what each one costs in margin next to the sales it returns, so planners can see when cutting deeper stops paying off.
Clearance Analysis
Iris separates sales performance from margin performance, explains what drove the outcome, and recommends whether the clearance strategy should be repeated, adjusted, or retired next season.
Pattern Learning
Iris learns from previous clearances in each category, identifying the discount levels and timing that cleared inventory fastest at the lowest margin cost, so planners start the next one from your own results.
Iris evaluates progress against the plan across every clearance still running, shows how far behind each one is, and identifies the one carrying the most risk, so planners know where to start.
Iris compares discount levels using the same products, stores, and time period, showing what each one costs in margin next to the sales it returns, so planners can see when cutting deeper stops paying off.
Iris separates sales performance from margin performance, explains what drove the outcome, and recommends whether the clearance strategy should be repeated, adjusted, or retired next season.
Iris learns from previous clearances in each category, identifying the discount levels and timing that cleared inventory fastest at the lowest margin cost, so planners start the next one from your own results.
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Iris, an AI markdown optimization agent, works inside MarkSmart. It coordinates markdown depth, timing, and execution across the clearance lifecycle, and stages every cut inside your approval workflow before it reaches a store.
Iris monitors stock on hand, sell-through, and weeks remaining across every live clearance. It forecasts each discount level on the same scope, shows what each one costs in margin, and stages the recommended cut for your approval.
Not by default. Every proposed markdown stays staged in your existing approval workflow. Routine cuts auto-apply only within the depth and margin guardrails your administrators define. Anything outside those limits goes to a person.
Software returns a discount. An agent explains it. Iris ranks clearances by margin at risk, shows where cutting deeper stops paying off, and learns from your own clearance history to set the next depth.
