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LEARN MORE: To learn more about the Pricefx Sales Insights Accelerator, click here. |
Customer Insights Accelerator
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LEARN MORE: To learn more about the Pricefx Customer Insights Accelerator, click here. |
Price Setting Package
The Price Setting package is a module within the Pricefx platform that supports the definition and management of price policies, guidelines, and simulations. It provides a framework for setting and managing prices, including calculation and optimization of prices, and approval workflows.
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LEARN MORE: To learn more about the Pricefx Price Setting Package, click here. |
Rebate Management Accelerator
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LEARN MORE: To learn more about Pricefx Rebate Management Accelerator, click here. |
Negotiation Guidance
The Negotiation Guidance Accelerator is one of the pre-built solutions from Pricefx that aims to assist in making pricing decisions by comparing current pricing situations with similar past scenarios. It leverages segmentation to provide a richer comparison set and align with the pricing strategy, enabling exploration of more possibilities and avoidance of sticking with suboptimal past pricing.
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LEARN MORE: To learn more about Pricefx Negotiation Guidance Accelerator, click here. |
Shelf Price Optimization
The Shelf Price Optimization Accelerator is a powerful tool designed to help B2C companies maximize their revenue and profit by optimizing shelf prices. This accelerator takes into account various factors like price limits, sales channel alignment, and stock coverage expectations to determine the best pricing strategy. It uses a combination of a robust elasticity model and a standardized waterfall structure to crunch the numbers and come up with optimized shelf prices for each product, store, and time period.
Optimized prices are accessed through the Pricefx interface or can be pulled into other systems using APIs. Afferent dashboards allow for visualisation and assessment of the results. It is worth mentioning that it is necessary to carefully manage time periods correctly to display accurate data, and it will not work for products with no sales history. For custom features some coding may be required.
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LEARN MORE: To learn more about Pricefx Shelf Price Optimization Accelerator, click here. |
Detailed Breakdown of Customer Configuration
When the Pricefx Accelerators are used they serve as the core of the implemented pricing solution and this will our implementation teams with a well-understood landscape upon which to begin their configuration to the needs of the customer.
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