Are you prepared to make special pricing deals while protecting your sales and margins? Your strategy should include the ability to plan, execute and analyze at a granular level with the utmost:
Accuracy
Transparency
Forecasting
Your pricing strategy must consider supply chain factors and collaboration across teams to include everything from incentives to customer segmentation. Identifying and optimizing pricing complexities in revenue management cannot be emphasized enough. Are your processes equipped to handle the vast amounts of data, analysis and variables that are in a constant state of change? If your process involves multiple technology solutions or no technology solution at all, you’re not equipped to protect your sales or margins.