PriXLence will drive benefits delivery through achievement of the following business objectives:-
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Improve Price Setting and Positioning through Value Pricing |
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Improve capture of Price / Margin by better synchronization to market and key raw material price trends |
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Enhance setting of offer prices taking into account pricing policies / rules and prevailing market dynamics |
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Enhance accuracy of customer / product / channel profitability measurement |
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Identify sources of margin leakages, policy weaknesses, and inappropriate Cost-to-Serve so as to allow corrective actions to be taken |
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Rationalize Product Mix / Customer Portfolio |
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Enhance monitoring of Price / Margin performance against target |
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PriXLence's 'Price Planning & Setting' module allows generation of list / offer price points
taking into account pricing policies & rules and prevailing market dynamics / margin expectations.
PriXLence's 'Value Pricing' module facilitates improvement of price positioning
through understanding of customers' price and value perception within the market competitive dynamics.
PriXLence's 'Pricing Cockpit' module
provides the users the platform to monitor the markets, competitors and internal situation
in order to support list price setting decisions.
PriXLence's 'Cost-to-Serve' & 'Price / Margin
Performance Analysis' module enables more accurate margin calculation, hence deeper insights into product
/ customer / channel profitability. PrixLence's analysis allows identification of margin leakage sources, policy
weaknesses, misalignment in offering economics and opportunities for product / market / channel strategy finetuning.
Tracking of price / magin performance against target is provided through Price / Margin Dashboard.
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