Price Optimization for Head of Loss Prevention, read from Epicor
Price on elasticity you can measure. Ward runs it off Epicor, scoped to what a Head of LP owns.
Price Optimization on Epicor, for loss prevention
Shrinkage costs you more than you think. Ward finds out where. Ward returns daily cards scoped to loss prevention decision-making.
Price Optimization is a card type Ward runs continuously. Ward monitors price elasticity shifts in real time and recommends adjustments that protect margin without sacrificing volume.
How it runs. Ward continuously measures price elasticity by category, tracks competitive pricing signals, and models the margin-volume tradeoff.
How the connection works. Ward connects via Epicor REST API. Compatible with Epicor Prophet 21 and Epicor Eclipse.
What you get
- Margin-volume tradeoff modeling
- Real-time elasticity measurement
- Category-level price sensitivity
- Competitive price monitoring
Chat
Ask anything. Ward routes to the right agent and returns cited answers.
I pulled Store 37’s last 28 days against the chain baseline. Two root causes, both compounding.
| Signal | Finding |
|---|---|
labor_efficiency | Rev/labor-hour −22% vs. cluster, staffing mismatch at 11a–1p peak |
inventory.fresh | Fresh fill 83%, backroom replenishment lag at 2–4p |
promo.lift | BOGO crackers cannibalized Brand Y by 28%, net category +6% |
Recommend: re-baseline Store 37 schedule against true peak, raise replen window to 1p, and review the BOGO before next cycle.
labor_scheduling…
Reporting
Pinned views built from saved data-lake queries. Every number re-derivable from its SQL.
| Model | Horizon | MAPE |
|---|---|---|
holt_winters | 4wk | 4.1% |
arima_sarimax | 13wk | 8.9% |
gbm_demand | 1wk | 2.1% |
bayes_hier | new store | 11.4% |
Sources
Connect external systems to the data lake.
| Name | Type | Last sync |
|---|---|---|
sap_pos_transactions | import | 2m ago |
sap_inventory_shrinkage | import | 2m ago |
sap_labor_scheduling | import | 14m ago |
retail_inventory_weekly | import | 1h ago |
retail_google_ads_daily | import | 1h ago |
retail_meta_ads_daily | import | 1h ago |
retail_ga4_website_daily | import | 1h ago |
Policies
Browse and manage Cedar access policies for your tenant.
| Policy ID | Effect | Resources |
|---|---|---|
merch-read-default | permit | Model::* |
finance-read-shrinkage | permit | Model::"inventory_shrinkage" |
vendor-blocked | forbid | Model::"labor_*" |
region-west-only | permit | Tenant::"acme" |
Why this combination
is its own problem.
Most pricing projects stall at data access. This one does not, because Epicor already exposes sales orders, inventory, purchase orders through an API Ward reads directly.
What Ward has eyes on.
Ward pulls from Epicor rather than replacing it. Sales orders, inventory, purchase orders come across on a read-only connection, get enriched with contextual data, and come back as findings. Your ERP is untouched.
The pricing model runs every morning, not on a reporting calendar. It catches the pattern, attributes the driver, and attaches the next step before the number reaches a review deck.
What the first 90 days
actually look like.
-
01
Week 1: connect
Read-only credentials to Epicor. Ward reads straight from sales orders, inventory, purchase orders and starts building baselines. First daily cards land inside 48 hours, before baselines are stable, so you can see the shape of the output early.
-
02
Weeks 2 to 3: baselines
Ward needs roughly two weeks of history per store to separate a real deviation from normal variance. During this window the insight cards are directionally right and the thresholds are still moving.
-
03
Weeks 4 to 12: operating rhythm
Daily cards arrive each day and get triaged like any other queue. Most teams find the volume settles into something one person clears in ten minutes. What matters is the action rate, not the alert count.
How Ward connects to Epicor
Ward integrates with Epicor for home improvement, furniture, and building supply retailers. Inventory, purchasing, production, and sales data power insight cards.
Setup: Ward connects via Epicor REST API. Compatible with Epicor Prophet 21 and Epicor Eclipse.
Data Ward reads from Epicor
Impact metrics with Epicor
Data lake enrichment
Ward enriches Epicor data with: Sales orders, Weather & events, Contractor/Pro data, Competitor pricing, Vendor scorecards
Shrinkage costs you more than you think. Ward finds out where.
- ×Shrinkage lands as a year-end surprise
- ×Cannot distinguish theft from spoilage from admin error
- ×High-shrinkage stores only identified during audits
- ×No correlation between operational changes and loss patterns
- ×Exception-based reporting misses slow-bleed patterns
- ✓Store-level shrinkage tracking with cause attribution
- ✓Anomaly detection flags stores deviating from estate average
- ✓Receiving dock discrepancy patterns identified automatically
- ✓Correlation analysis links operational changes to loss shifts
- ✓Trend analysis catches slow-bleed patterns audits miss
US retail shrinkage hit $112.1 billion in 2022. Up 19.4% year over year. Source: National Retail Federation
Frequently asked questions
Ward connects via Epicor REST API. Compatible with Epicor Prophet 21 and Epicor Eclipse. Data points include: Sales orders, Inventory, Purchase orders, Customer accounts, Pricing tiers, Vendor performance.
Shrinkage costs you more than you think. Ward finds out where. Ward solves this with automated insight cards: Store-level shrinkage tracking with cause attribution. Anomaly detection flags stores deviating from estate average. Receiving dock discrepancy patterns identified automatically.
First insight cards arrive within 48 hours of data connection. Ward needs approximately 2 weeks to establish stable baselines for your specific operation.
No. Ward sits on top of your existing stack. It is the proactive intelligence layer that watches your data continuously and delivers insight cards, so your team acts on findings instead of hunting for them.
Related solutions
See what pricing problems Ward catches.
Root causes, not just alerts. See it on your data.
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