When Costs Move Faster Than Your Pricing Can Respond
Join us on 02/25 at 12pm CT to examine why traditional pricing approaches struggle under volatility and how leading organizations are responding by reducing hidden margin leakage, accelerating response cycles, and strengthening pricing discipline without slowing the business down.
Improve margins while intelligently automating the negotiation process.
Ensuring profitability in the electrical products manufacturing industry is a complicated matter. Complex, lengthy sales processes, raw material cost volatility and cumbersome negotiation processes each provide openings for margin loss.
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As input costs change, dynamically bring in new cost data, centralize the pass-through process, automate price changes and mass update customer-specific agreements with dynamic price management.
Take the guesswork out of pricing configured products. Determine the optimal markup based on the selling circumstance and product attributes.
Automate the often time-intensive negotiation process with distributors and end customers on customer portals, relying on a mix of optimized prices, intelligently-derived pricing guardrails and discount rules.