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.
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.
Reach out to us today to learn how we can help!
