Going Local: Leveraging Hyper-Local Price Optimization to Deliver Right Products at the Right Prices

When Ahold USA decided to implement Revionics Price Optimization, the organization took the opportunity to re-align the pricing team structure from a centralized unit to independent teams aligned with each of Ahold USA’s four banners. At Giant Martins, Dave and his team have taken the opportunity to leverage underlying data for the optimization that uncovers demand signals very specific to Giant Martins’ customers, enabling hyper-local decision-making. They are seeing compelling benefits from the locally focused model in terms of being more responsive to evolving market and customer behaviors and being able to focus on the right products at the right prices. Dave will spotlight an interesting example of substantial innovation in the fresh category – an inherently challenging but ultimately rewarding area for price optimization. 

About the Speaker

DAVE AUGER
Manager, Pricing Strategy
Giant Food Stores
 

Dave Auger is currently the Manager of Pricing Strategy at Giant Food Stores and has been wired into the grocery industry for 24 years.  His career has taken him on a journey from Operations to various Merchandising Support, Supply Chain, IT, and Pricing roles.  Oddly, he enjoys the high energy, craziness, and stress of the retail life but makes it a priority to keep things light at work with his fellow associates. He stays active by teaching as an Adjunct Professor at Central Penn College, where he has taught Accounting and Business for 9 years.  He takes great delight in staying exhausted by chasing his 3 kids around!

 


 

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