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Tom Cutler

Manufacturing Insights

by Thomas R. Cutler

Manufacturers Automate Pricing to Manage Pandemic
July, 2020

COVID-19 has removed the perceived barriers to price alignment automation. Previously, most industrial business decision-makers feared an extensive implementation time, complexity, and significant costs. New solutions overcome those concerns offering an automated pricing alignment technology which can be implemented cost-effectively in just weeks. Delivering significant improvements in revenue and margin by providing a clear, guided user experience (via insightful dashboards and comprehensive pricing science) means hundreds of manufacturing companies will benefit from this automation. It will ensure pricing execution remains aligned with strategic objectives in order to navigate the pandemic.

New automation solutions have been adapted and adjusted promoting the ease of setting and managing pricing boundaries. Price alignment was designed to alleviate the pain for any manufacturing organization using simple rules or trial-and-error methods to derive prices; this is…
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