DM08: Define standard discounts & surcharges

Check out a video demonstration for this use case, here.

Use Case Situation Description

Defining standard discounts and surcharges in the discrete manufacturing industry can provide several benefits. Firstly, it can improve pricing consistency across different customers and orders, reducing the risk of pricing errors and discrepancies. Secondly, it can improve customer relationships by offering fair and transparent pricing, improving loyalty and retention. Thirdly, it can increase efficiency by streamlining the quoting process, reducing the time and resources required to generate quotes. Lastly, it can improve profitability by ensuring that discounts and surcharges are applied appropriately, maximizing revenue and minimizing costs. Overall, defining standard discounts and surcharges is critical for manufacturers looking to improve pricing consistency, customer relationships, efficiency, and profitability.

Sales Manager / Account Executive

Business Objective:

Define and maintain discounts and surcharges easily across customer segments, regions, sales channels etc.

Conditions are set and maintained in ERP system without overall transparency and simulating the impact.

Flexible creation & simulation of discount frameworks allowing for local differences while providing global transparency.

  • Flexibly considering business-relevant criteria for price differentiation which is not limited by existing data structures in systems

  • Efficient creation, simulation, and execution into ERP

None


Prescriptive Design Requirements

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In this use case we are looking at how you can define standard discounts and surcharges in the most efficient manner using Pricefx. This can help streamline pricing processes and improve consistency across the organization. Doing so, sales teams can quickly and easily provide pricing information to customers, reducing the time it takes to create quotes. This can lead to improved customer satisfaction, increased sales efficiency, and better margins. Additionally, standard discounts and surcharges can help ensure compliance with pricing policies and regulations, reducing the risk of errors or non-compliance.