DM 13: Identify and eliminate underperformance

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

Use Case Situation Description

In this use case we are looking at how Pricefx can help discrete manufacturers identify and eliminate underperformance to improve efficiency, increase productivity, save costs, improve quality, and provide a competitive advantage. Manufacturers can optimize their processes, reduce waste, increase output, reduce labor costs and downtime, and improve customer satisfaction. By improving efficiency, productivity, quality, and cost-effectiveness, manufacturers can stay competitive in the market and increase profitability.

Pricing manager

Business Objective:

Detect automatically underperforming products and / or products and take price corrective actions.

Limited visibility into underperformance and outliers making it difficult to achieve margin or other goals.

Detailed view into underperforming parts of your business enable you to prioritize and act on pricing improvements.

  • Real-time visibility into business results and outliers

  • Customer/category level insights into underperformance

  • Increase margin due to improved programs over time

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Prescriptive Design Requirements

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In this use case we are looking at how to identify and eliminate underperforming customers or products through analytics in Pricefx. In the discrete manufacturing industry, this allows for targeted resource allocation, improved profitability, streamlined operations, enhanced customer satisfaction, and increased market competitiveness. By focusing on high-performing customers and products, you can optimize your sales efforts, reduce costs, and make data-driven decisions to drive growth and success.