PRICING~PRO
PRICING~PRO is the answer to challenges centred around pricing – especially when it comes to quoting for new product development (NPD) or preparation or submissions of RFQs and benchmarking.
WHY YOU NEED IT
From reading the pulse of the market to gauging the customer’s reaction to the pricing point, a company’s management needs to get the pricing right. For this, information from multiple internal departments and the external business environment has to be analysed as well.
PRICING~PRO is a tool designed to simplify the entire process of quoting for NPDs / variants.
- Seamless management of the entire process of quoting and numerous iterations of price revisions that follow
- Bases price negotiation on the right data gives an edge in negotiations
- Enhances credibility through institution of a quoting process that is transparent and reliable
- Improves profitability by gleaning information of the prices at which orders are profitable
- Keeps track of price history to analyse price changes
- Reduces TAT for RFQ processes significantly
MAIN FEATURES
- Simple to use web-based solution with system controlled dynamic business process flow
- Enables multiple-levels of access for different users with sequential or parallel process
- Simulation / sensitivity analysis provides a glimpse of the potential impact of change in process parameters, material prices, and exchange rate fluctuations
- Supports import of master & transaction data (e.g. BoM, RM, OH rates) through excel sheets / integration with SAP and other ERPs
- Facilitates contribution, cost, and profitability analysis
- Dashboards to track status & view complete history of enquiries
- Provides for calculation of interest on working capital and customer-specific costs like freight outwards & packing, discounts/rebates
- Provides multi-currency option to facilitate quoting for potential foreign buyers and suppliers of inputs
PARAMETERS COVERED
- Hourly rates
- Cycle time
- BOM norms and rate
- Base metal rates
- Scrap rate
- Marketing and admin costs
- Discounts and royalty
- Currency exchange rates
- Interest rate and credit days
- Margin (percentage or value)
Schedule a Demo with our team.
Pro~Active Solutech is a Management Consulting Company with Total Cost Management and Enterprise Performance Management (EPM), Corporate Advisory and Legal Support. Enterprise Performance Management is the integration of multiple managerial methods to improve an organisation’s strategic and operational performance.
To know more, visit our website.