Discrete Manufacturing Quoting

Owned by Mike Deskis
Jul 17, 2024
1 min read

Overview

Within the discrete manufacturing industry, Pricefx's pricing software can be used for a variety of quoting use cases, including:

  1. Negotiation guidance: This accelerator is an excellent tool available in the Pricefx solution to help produceers quote the best price to meet their strategies as well as incentivize sales teams.

  2. Forecasting and simulations: Pricefx's software can help manufacturers manage, simulate and improve pricing structures to ensure price realization by analyzing potential impacts on various price change scenarios.

List of Quoting Use Cases

Below are the Quoting use cases that are provided by the Pricefx solution for the Discrete Manufacturing Industry:

QUOTING:

  • DM 07 -  Leverage price guidance when quoting

Summary

Getting negotiation guidance and forecasting deals in the discrete manufacturing industry can improve profitability and maximize revenue, while offering fair and transparent pricing during negotiations can build stronger relationships with customers, improving loyalty and retention. Forecasting sales can reduce the risk of overproduction and excess inventory, minimizing waste and reducing costs.