SYSTEM FOR COST COMPARISONS WITHIN ITEM SIMILARITY CLUSTERS

摘要

Examples provide a system for performing retail-based cost reverse engineering and cost comparison within item similarity clusters for cost negotiations associated with a plurality of items. A cost manager component creates item similarity clusters based on item descriptions and cost trends associated with items over time. The cost manager component identifies items for action recommendations based on quantity and margin for each item. The recommendations can include a recommended set of item suitable for negotiations, promotional activities and/or a set of substitute items recommended for replacement of a selected item in an item assortment.