Basing Your Pricing Decisions on Current ERP Data
Product data can be the Achilles heel of any pricing strategy. Without using your current data, you can only go so far with the science of price optimization. Your analysis is only as good as the data you start with.
Preferably, the software you use to design your pricing strategy will have a tight integration to your back office system. This eliminates untimely exports and mistake made through manual processes. You need to have up-to-the-minute customer numbers and names, sales history, customer and product segmentation and more.
At epaCUBE, we pride ourselves on our experience in distribution technology. We have built a proprietary integration connector to allow simple and seamless integration to many of the most widely-used distribution software packages.
With our tight integrations to the leading distribution back-office systems, we’ve filtered out the data that can give you false positives and negatives that could impact your pricing optimization analysis. This helps you create better segments and understand the impact of supplier cost changes.
Photo Credit: Yoel Ben-Avraham