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Configure Price Quote (CPQ)
Configure Price Quote (CPQ)
Configure, price, and quote (CPQ) solutions (sometimes known as quote-to-order, or Q2O, systems) help drive sales effectiveness by supporting configuration and pricing activities and the generat...
 

 strategic pricing


The Case for Pricing Management
Savvy and dynamically optimized pricing can mean the difference between survival and failure. In many environments it might be smarter, quicker, and more useful

strategic pricing  ). However, this broad strategic approach, including education and discipline, has not been applied on the sales side. The kind of thoughtfulness recently seen amongst well-informed and disciplined buyers and purchasing managers has been lacking when it comes to deploying information technology (IT) systems for analyzing pricing processes, pricing optimization, sales force education, and price enforcement in the downstream components of the value chain. Another major deficiency is the dearth of software

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Production and Supply Planning RFI/RFP Template

Strategic Supply Chain Planning, Operational Planning, Procurement Collaboration, Order Management, Fulfillment, and Channel Integration, Utilities for Planning Systems, Systems Integration,... Get this template

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Start evaluating software now

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Configure Price Quote (CPQ)
Configure Price Quote (CPQ)
Configure, price, and quote (CPQ) solutions (sometimes known as quote-to-order, or Q2O, systems) help drive sales effectiveness by supporting configuration and pricing activities and the generat...

Documents related to » strategic pricing

The (Underappreciated) Value of B2B Pricing Software


Conventional wisdom would suggest that pricing, as a key component of a business’s financial performance, is a critically important discipline within any enterprise, touching many departments, from sales and marketing to finance. And yet, does anyone know whether their company is making the best pricing decisions? TEC Principal Analyst P.J. Jakovljevic is encouraged by the growing awareness and adoption of pricing technologies among B2B enterprises.

strategic pricing  involved engagement with a strategic pricing consultancy. B2B versus B2C Pricing Complexities Although business-to-consumer (B2C) pricing remains tricky, it is somewhat easier to achieve, as discussed in TEC’s previous extensive series on retail pricing . After all, retail prices and promotional campaigns are visible on shelves and endcaps, and there is a wealth of historical pricing data for consumer goods that is available for an inexpensive fee from various syndication services. In addition, one Read More

Distinctions and Benefits of Strategic Sourcing


Strategic sourcing involves ongoing relationships, which creates the opportunity for mutually beneficial collaboration between the buyer and the suppliers. This can result in improved profitability throughout the entire supply chain and add value to the final product or service.

strategic pricing  and Benefits of Strategic Sourcing Originally published - August 8, 2007 Global sourcing, despite its inherent risks, offers numerous benefits to enterprises in terms of lower costs for materials and labor. It also requires a much closer integration among the supply chain partners. Supplier relationship management (SRM), a methodology designed to structure and support the relationships between buyers and suppliers, becomes essential when a supply chain recognizes the benefits of strategic Read More

User Recommendations for Pricing Management


Price management might improve revenue (by a few percent) and gross margin (even by an umpteen percent), but the truly amazing benefits should only come when price management is integrated with appropriate cost information and demand management.

strategic pricing  has long been a strategic marketing and development partner of SAP. It has an industry-centric pricing product, which is delivered as an SAP xApp -like composite application. Consequently, the SAP and Vendavo product roadmaps are jointly developed and synchronized, and both vendors are collaborating with customers to avoid duplicating effort and overlapping functionality, and to provide more seamless integration. Through this partnership, SAP immediately gains workflow-based price execution capabilities, Read More

Revionics and Nielsen Form Global Strategic Alliance


Revionics, Inc., a provider of merchandise optimization solutions, and Nielsen Holdings, N.V., a global provider of information and insights into what consumers watch and buy, have signed a multi-year global strategic alliance agreement. The combination of best-in-class competitive market insights with proven demand-based science and predictive analytics should help retailers answer critical

strategic pricing  signed a multi-year global strategic alliance agreement . The combination of best-in-class competitive market insights with proven demand-based science and predictive analytics should help retailers answer critical questions such as whether their prices are competitive, what the price elasticity of the market is, what profit opportunities exist with their pricing strategy, and whether they are growing market share with their price and promotional strategies. The initial solution, which is immediately Read More

Three Steps to Strategic Planning Excellence in Wholesale Distribution Companies


A strategic planning process is critical for distribution companies. Not unlike personal financial planning, distribution executives have to select the best investments needed now to create profitable growth in the future. If you fail to make the right commitments at the right time, you will miss opportunities and increase your risk. This paper outlines a set of core analytics customized for wholesaler distributors.

strategic pricing  Steps to Strategic Planning Excellence in Wholesale Distribution Companies A strategic planning process is critical for distribution companies. Not unlike personal financial planning, distribution executives have to select the best investments needed now to create profitable growth in the future. If you fail to make the right commitments at the right time, you will miss opportunities and increase your risk. This paper outlines a set of core analytics customized for wholesaler distributors. Read More

Industry Perspectives: Strategic Workforce Management in the Automotive Industry


There’s a buzz in the automotive industry around the concept of “strategic workforce management”—getting the right people, for the right job, at the right time, to improve overall business results. Strategic workforce management goes beyond the traditional role of human resources: it’s a strategic initiative and competitive weapon to help today’s automotive companies drive corporate goals and objectives.

strategic pricing  Perspectives: Strategic Workforce Management in the Automotive Industry Vurv Acquires People Business Network. ( Read More ) Taleo Acquires Vurv Technology. ( Read More ) Leading organizations worldwide use Taleo on-demand talent management solutions to assess, acquire, develop, and align their workforce for improved business performance. Source : Taleo Resources Related to Strategic Workforce Management in the Automotive Industry : Workforce Management (Wikipedia) Automotive industry Read More

Best Practices in Creating a Strategic Finance Function


Many chief financial officers (CFOs) have started to take on new strategic roles. Their goals are to enforce stricter controls to ensure legal and regulatory compliance, offer strategic insights into the internal and external business environment, and connect the business strategy with daily operations through performance tracking. Learn more about the changing role of the CFO in today’s finance organization.

strategic pricing  Practices in Creating a Strategic Finance Function Best Practices in Creating a Strategic Finance Function If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Founded in 1972, SAP has a rich history of innovation and growth as a true industry leader. SAP currently has sales and development locations in more than 50 countries worldwide and is listed on several exchanges, including the Frankfurt Stock Exchange and NYSE under the symbol SAP. Read More

The Art, Science & Software Behind (Optimal) Retail Pricing - Part 3


Part 1 of this blog post series expanded on some of TEC’s earlier articles about companies’ need for better pricing management and optimization practices. This series, which focuses on the complexity of pricing and promotions in retailing, was inspired by JDA Software’s recent “edu-nouncement” on leading retailers' consumer-centric pricing and promotions strategies and

strategic pricing  Art, Science & Software Behind (Optimal) Retail Pricing - Part 3 Part 1 of this blog post series  expanded on some of TEC ’s earlier articles about companies’ need for better pricing management and optimization practices. This series, which focuses on the complexity of  pricing  and  promotions  in  retailing , was inspired by  JDA Software ’s recent “edu-nouncement” on leading retailers' consumer-centric pricing and promotions strategies  and  Revionics ’ recent (and still ongoing) Read More

Clear Demand and 360pi Partner for Dynamic Omni-channel Retail Pricing


Clear Demand and 360pi recently struck a partnership that they believe amplifies the role and importance of “dynamic pricing” as a “competitive countermeasure” in today’s omni-channel retail market.

strategic pricing  Demand and 360pi Partner for Dynamic Omni-channel Retail Pricing Clear Demand and 360pi recently struck a partnership that they believe amplifies the role and importance of “dynamic pricing” as a “competitive countermeasure” in today’s omni-channel retail market. The two vendors tout that dynamic pricing is made more relevant today because of the abundance of competitive price data and product information (a.k.a. online price transparency) and made more rigorous because of current big data Read More

An Update on Zilliant (and the B2B Pricing Market, in General)


In this good, bad, and arguably recovering economy, many companies are looking to their pricing strategies and practices as a way to improve profits without necessarily repelling customers. Pricing is an important component of an enterprise’s business processes and financial performance, since companies in many industries can face a variety of pricing problems such as

strategic pricing  a broader and more strategic pricing optimization initiative. These early successes might also assure user adoption across the organization. How is Zilliant Managing? Since it has been a  few years since TEC ’s extensive series on Zilliant and B2B pricing trends , I was glad to be recently briefed on the latest developments with the company. Zilliant is an Austin, Texas, United States-based privately-held provider of price optimization and margin management solutions for B2B manufacturing, Read More

Vistaar Technologies Asserts its Pricing Value Proposition


Vistaar, a newcomer to the B2B pricing management space, is quickly asserting its powerful analytic and planning capabilities. In this TEC Report, TEC principal analyst P.J. Jakovljevic looks at the strategic approach the vendor has taken to the development of its platform and applications, and speaks with the vendor’s product management expert Usha Lyer on Vistaar’s offerings, competitive landscape, and future plans.

strategic pricing  Jakovljevic looks at the strategic approach the vendor has taken to the development of its platform and applications, and speaks with the vendor’s product management expert Usha Lyer on Vistaar’s offerings, competitive landscape, and future plans. Read More

TEC Joins Forces with EOH Technology Consulting to Assist Businesses Matching Software Choices to Strategic Requirements


TEC Joins Forces with EOH Technology Consulting to Assist Businesses Matching Software Choices to Strategic Requirements EOH Technology Consulting (EOH) and Technology Evaluation Centers (TEC) announce the launch of a new alliance designed to assist companies with comparing, evaluating, and selecting enterprise software.

strategic pricing  Matching Software Choices to Strategic Requirements TEC Joins Forces with EOH Technology Consulting to Assist Businesses Matching Software Choices to Strategic Requirements Bedfordview, Gauteng, South Africa (PRWEB) October 21, 2005 TEC Joins Forces with EOH Technology Consulting to Assist Businesses Matching Software Choices to Strategic Requirements EOH Technology Consulting (EOH) and Technology Evaluation Centers (TEC) announce the launch of a new alliance designed to assist companies with comparing, Read More

Repcon Pricing & Quoting


Our web interface centralizes all the information necessary to generate quotations, orders, product configurations, documents, material structure and manufacturing routes so you can access it from anywhere in the world and at any time.  With Repcon Pricing & Quoting you will increase the number of quotations, increase the number of quotes that become firm orders, reduce the time of the sales process and reduce the cost of manufacturing products the client has not ordered. Because company products are on a catalogue on the web, new sales channels can be opened (internet,  distributors).  The main features of Repcon Pricing & Quoting are the following: • Complete quotation and order management • Price management • Complex product configuration • 2D and 3D computer aided visualization and configuration • Document generation: Word, Excel, pdf, xml, dwg… • ERP and CRM integration • Generating a Bill Of Materials (BoM) and manufacturing routes • Multilanguage • Multidevice

strategic pricing  Pricing & Quoting Our web interface centralizes all the information necessary to generate quotations, orders, product configurations, documents, material structure and manufacturing routes so you can access it from anywhere in the world and at any time.  With Repcon Pricing & Quoting you will increase the number of quotations, increase the number of quotes that become firm orders, reduce the time of the sales process and reduce the cost of manufacturing products the client has not ordered. Because Read More