Distribution Analytics
Overview
Within the distribution industry, Pricefx's pricing software can be used for a variety of analytics use cases, including:
Market monitoring: Pricefx's software can help distribution companies monitor market conditions and adjust prices accordingly. This can include tracking competitor pricing, market demand, and other external factors to ensure that prices are competitive and reflective of market conditions.
Competition analysis: Pricefx's software can help distributors .
Insights and analytics: Valuable insights into customer behavior and market trends can make it or break it in the distribution industry. Pricefx’s rebate solutions provide robust reporting and analytics capabilities, enabling distributors to gain insights into their rebate data and make informed pricing decisions.
List of Analytics Use Cases
Below are the Analytics Use Cases that are provided by the Pricefx solution for the Distribution Industry:
ANALYTICS
DISTRIB 11 - Improve price effectiveness by monitoring market feedback via price realization analytics
DISTRIB 12 - Identify and eliminate underperformance via customer/product insights analytics KPI
DISTRIB 13 - Plasma - Quantify process and strategy improvements using KPI trending and industry benchmarking
Summary
If you're in the distribution industry, you know that pricing can make or break your business. That's where Pricefx comes in. With Pricefx, you can monitor market conditions, keep track of competitor pricing, market demand, and other external factors to ensure that your prices are always competitive and reflective of market conditions. Additionally, Pricefx's allows for competition analysis to gain valuable insights into customer behavior and market trends.