Value Proposition -
> Improved margins
Based on the revenue growth statistics through implementation of pricing solutions, typically companies benefit by improving margins in the range of 10 to 33%.
> Relatively easier and faster to implement
There are fewer interfaces to implement (in comparison to other systems like ERP or supply chain systems) to capture the required data from enterprise systems. Companies typically realize value from the system in 2 to 4 months time.
> Relatively lower costs to implement
Relatively lower costs of product licensing and extremely lower costs to implement the solution when compared to the other systems like ERP or supply chain management. Return to investment ratio (or ROI) is comparatively very high.
Key Features -
> Price Analytics
Analytics to study the price water fall and price band analysis, segmentation performance analysis, and the volume, revenue, margin responses analyses to price by SKU in a specific location, channel and time horizon.
> Market Sensitivity Monitoring and Analysis
Monitor the demand variations with price variations and analyze them to derive price sensitivity index. Feed the latest data to the system to augment the historical data to derive more accurate pricing decisions.
> Market Response Based Segmentation
Price sensitivity of customers creates opportunities to segment the market based on the willingness to pay. GDRi Pricing takes an analytical approach to optimally segment the market into groups based on their willingness to pay.
> Forecast the Market Demand for Segmentation
Predict the total market demand to carry out segmentation by using scientifically proven mathematical models. Automate the demand forecasting process by SKU from a specific location and time horizon.
> Market Response Based Tactical Pricing
Pricing tactics for maximizing margins without inducing extreme pricing moves from competing market players.
> Best Response Functions to Deal with Competitive Pricing Games
Tactics to respond to extreme conditions of pricing games from competing market players.
> Price Reporting and Deal Execution
An inbuilt reporting service will enable the sales and marketing teams to quickly access the latest pricing data from catalogs, and also negotiate intelligently through the deal guidance service to achieve the maximum profitability.
> Improved margins
Based on the revenue growth statistics through implementation of pricing solutions, typically companies benefit by improving margins in the range of 10 to 33%.
> Relatively easier and faster to implement
There are fewer interfaces to implement (in comparison to other systems like ERP or supply chain systems) to capture the required data from enterprise systems. Companies typically realize value from the system in 2 to 4 months time.
> Relatively lower costs to implement
Relatively lower costs of product licensing and extremely lower costs to implement the solution when compared to the other systems like ERP or supply chain management. Return to investment ratio (or ROI) is comparatively very high.
Key Features -
> Price Analytics
Analytics to study the price water fall and price band analysis, segmentation performance analysis, and the volume, revenue, margin responses analyses to price by SKU in a specific location, channel and time horizon.
> Market Sensitivity Monitoring and Analysis
Monitor the demand variations with price variations and analyze them to derive price sensitivity index. Feed the latest data to the system to augment the historical data to derive more accurate pricing decisions.
> Market Response Based Segmentation
Price sensitivity of customers creates opportunities to segment the market based on the willingness to pay. GDRi Pricing takes an analytical approach to optimally segment the market into groups based on their willingness to pay.
> Forecast the Market Demand for Segmentation
Predict the total market demand to carry out segmentation by using scientifically proven mathematical models. Automate the demand forecasting process by SKU from a specific location and time horizon.
> Market Response Based Tactical Pricing
Pricing tactics for maximizing margins without inducing extreme pricing moves from competing market players.
> Best Response Functions to Deal with Competitive Pricing Games
Tactics to respond to extreme conditions of pricing games from competing market players.
> Price Reporting and Deal Execution
An inbuilt reporting service will enable the sales and marketing teams to quickly access the latest pricing data from catalogs, and also negotiate intelligently through the deal guidance service to achieve the maximum profitability.
GDRi PRM is the state of the art, Pricing and Revenue Management solution, that is based on advanced mathematical models from pricing science to maximize the corporate margins. The pricing system enables B2B companies to analyze the current prices, model the market sensitivity, adopt pricing segmentation strategy, optimize price alternatives and assertively respond to competitors.
GDRi PRM is a highly dynamic system based on continual feedback from the market to ensure that the pricing decisions are aligned with changing market landscape. The system takes the buyer and competitor response to pricing into account through the embedded patterns in point of sale (POS) data.
GDRi PRM combines the key pricing modules such as the price analytics, price optimization and execution. Here is the list of key features and the value proposition of the pricing system.
GDRi PRM is a highly dynamic system based on continual feedback from the market to ensure that the pricing decisions are aligned with changing market landscape. The system takes the buyer and competitor response to pricing into account through the embedded patterns in point of sale (POS) data.
GDRi PRM combines the key pricing modules such as the price analytics, price optimization and execution. Here is the list of key features and the value proposition of the pricing system.
