Price Management
Better pricing practices can result in a 10 – 15% improvement in operating profit
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- Companies today can select from several different complex approaches to price strategy. Some perform price waterfall analyses, others create intricate price matrices, and still others optimize revenue by using advanced mathematics. However, if the company’s goal is to maximize profits, there is a simple and fast method to capitalize on Cost Plus pricing for better margin management.
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Best Practices for Price Management Success
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- • Get visibility into your costs and margins
- • Identify profitable customers and products for growth
- • Reward your most profitable customers
- • Align value added services with customer pricing
- Acorn Systems can help you reach these goals. With better visibility into costs, your company will have a solid, fact-based foundation for managing margins and pricing practices. And, you’ll achieve staggering bottom line results.
- Download the whitepaper to read more, or contact Acorn Systems today to discuss tactical price strategies for your company.
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Email: info@acornsys.com
Phone: 713-963-9000
Web: www.acornsys.com
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"Visibility into costs allows companies to identify where the line between profit and loss lies… Once this line is understood, price can be manipulated to reach several goals. Competitors remain in the dark while leaders price them out of the market, price close to the line, or even strategically sell at a loss to grow market share. The difference is that the company that adds cost information to price management knows what it is doing and uses the information to its advantage."
Source: Laura Preslan, AMR Research,
"Turning Price Management into a Competitive Weapon," June 20, 2005.
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Using Acorns software made us realize that there are opportunities not only with the unprofitable customers, but with profitable customers
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- Ed Gaio, CFO
Pioneer-Standard Electronics
Technology Features & Benefits Enterprise Performance Suite
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