Office Depot selects pricing analytics provider

Seattle Office Depot has selected QL2, an on-demand data access provider, to provide support for pricing analytics to optimize offerings across channels in each local market.

Office Depot will leverage QL2's hosted services to enhance pricing analytics and operations across all divisions.

"Office Depot is a true multichannel retailer that operates in many markets with diverse customers and competition, so the demand for real-time information by market and competitor is critical for the delivery of a consistent brand promise," said Carol Martin, VP merchandising for Office Depot's Business Solutions Division. 

The Office Depot team monitors competitive items, pricing and competitor actions to protect and grow market share. QL2 services will provide rich context for taking quick, decisive and measurable pricing actions within each competitive marketplace. The simplicity and flexibility of the QL2 model allows each group within the organization to quickly assess the market without being paralyzed by irrelevant data.