Available Industry Catalogs
The following image outlines different industry catalogs and their associated use cases. It provides detail on three specific industries: Discrete Manufacturing, Distribution, and Chemical.
Industry Catalog examples:
Overview of Industry Catalogs
The Prescriptive Delivery Industry Catalogs provide a comprehensive framework for diverse manufacturing models, encompassing a wide range of use cases spanning pricing, quoting, contracting, rebates, and optimization to equip implementation teams and customers with a robust toolkit to address complex business requirements within the manufacturing domain.
Below are the industries supported:
Discrete Manufacturing
The Prescriptive Delivery Industry Catalogs cover a comprehensive range of manufacturing models, including Make-to-Order, Make-to-Stock, and Make-to-Assemble approaches. Building upon this foundational framework, the catalogs also encompass a diverse set of use cases spanning various pricing, quoting, contracting, rebate, and optimization scenarios. Specifically, the catalogs feature 6 distinct use cases for Price Setting, 1 for Quoting, 2 for Contracts and Agreements, 2 for Rebates, and 1 for Optimization. This meticulously curated selection of use cases equips implementation teams and customers with a robust toolkit to address a multitude of complex business requirements within the manufacturing domain.
Distribution
The Prescriptive Delivery Industry Catalogs delve deeply into the intricate world of pricing, with a focus on three key aspects: Supplier Purchasing Price, Wholesale Price, and Customer Price. To address the diverse pricing needs of enterprises, the catalogs offer a robust set of use cases encompassing Supplier Cost Management (2 cases), Price Setting (5 cases), Quoting (3 cases), Agreements (1 case), Rebates (2 cases), and Optimization (3 cases).
Chemical
Expanding into the chemical industry, the catalogs cater to a wide range of product types, including Fuels, Lubes, and Other Chemicals. For this domain, the use cases cover Price Setting (8 cases), Quoting (3 cases), Rebates (2 cases), and Optimization (4 cases). This comprehensive coverage empowers chemical industry clients to tackle their unique pricing, quoting, rebate, and optimization challenges with precision and efficiency.
Key Insights on Industry Catalogs
Discrete Manufacturing focuses heavily on price setting and has multiple processes such as make-to-order, make-to-stock, and make-to-assemble, indicating a need for flexible pricing strategies and contract management.
Distribution encompasses various pricing aspects from supplier purchasing to customer pricing. It also includes a significant number of use cases for price setting and optimization, suggesting a complex pricing environment that requires careful management.
Chemical industry has the highest number of price setting use cases (8), which might be due to the volatile nature of chemical prices. The emphasis on optimization (4 use cases) indicates a need for efficient pricing strategies to maintain competitiveness.
This structured approach to categorizing industries and their respective pricing and quoting strategies can help businesses identify and implement the most relevant practices for their specific needs.