Evolve your service parts pricing beyond cost-plus logic to unlock the ability to price according to true value.
Base your pricing process on sophisticated and modern price strategies around customer value-based algorithms, IoT data, competitive pricing and price harmonization to find the most optimal strategy.
For captive parts, the key is to use accurate value drivers to create logical pricing strategies, ultimately resulting in the highest possible margins. Syncron Price™ supports multiple value drivers, combined with complex algorithms to support advanced business requirements.
Price management is not only about optimizing list prices, but also understanding the impact on customer net prices down to the final pocket price. Syncron Price™ easily connects global prices and linked regional price lists with discounts and charges, rebates, special prices and quoted prices to calculate the optimal net price for a customer.
Maximum sales are only achieved if the end-customer accepts the price. Syncron’s integrated price feedback captures customer price feedback from the sales force, indicating whether prices are aligned with market expectations.
Intelligent pricing is about setting the right price for the right part to the right customer. Syncron MasterData keeps this data organized, identifying unique customers and parts across the entire supply chain.
Advanced analytics allows users to build customized dashboards and ad-hoc reports for detailed analysis and the possibility to drill-down to the root cause of any pricing issue. These reports allow users to analyze revenue and margins across the complete supply chain, quickly identifying and rectifying underperforming markets.
Empowering exceptional after-sales service at many of the world’s leading manufacturers
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