Pricing and Profit Optimization Features and Functions

• Input pricing rules such as list prices, promotions, discounts, and specific quoting rules


• Evaluate pricing history and profit by criteria such as market or product family through item level and customer


• Market segmentation and demographic data evaluation for understanding pricing patterns and thresholds


• Ability to input product ABC data to understand costs and activity drivers to create true costs


• Price elasticity analysis and evaluation for determining the impact of pricing on long-term demand and life cycle patterns


• Ability to input and evaluate external factors for price such as economics, competitive pricing, and weighting factors


• Track channel or retail pricing and markdowns


• Record, evaluate, and assess the historical impact of changes in prices and volumes


• Evaluate product profit over product life cycle (time)


• Evaluate current activities such as trade-off of market downs versus volume, as well as the trade-offs of time and the impact to profit and market share