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Quote-to-Order (Q2O) Systems
Quote-to-order (Q2O) solutions (sometimes known as configure, price, and quote or CPQ) enable manufacturers to mobilize their mass customization initiatives. These systems can reduce time-consuming...
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Documents related to » price optimization


Unlock Hidden Profits Using Effective Pricing Strategies: Active Price Management and Price Optimization
This paper explores the following best practices for leverage price management and optimization: Fine-tune prices for all products and services. Analyze

price optimization  Active Price Management and Price Optimization This paper explores the following best practices for leverage price management and optimization: Fine-tune prices for all products and services. Analyze historical and live transaction-level data. Develop and implement effective cost-to-serve strategies. Establish well-defined customer segments. Empower your sales force with rich customer information and enforce negotiation policies. Read More...
Revionics Making Retail Merchandizing Optimization Social
In November 2012, Revionics, Inc., a cloud-based provider of merchandise optimization solutions, acquired SkuLoop, a provider of social commerce-driven

price optimization  social activities and adjust price to increase deal likelihood or optimize margins. Leveraging social and loyalty data, shopper social actions can be incentivized, rewarded, extended, and monetized through the following process flow: Recognize the most social, vocal, loyal, and profitable customers Engage customers at their preferred touchpoint and stimulate a social action Reward customers’ advocacy with optimized insider events specifically designed to appeal to each advocate’s key driver Amplify Read More...
What’s the Missing Link in Price Optimization Strategy for Retailers?
For many retailers, price optimization is not being implemented appropriately because of the lack of communication between the supply and demand cycles. As a

price optimization  the Missing Link in Price Optimization Strategy for Retailers? For many retailers, price optimization is not being implemented appropriately because of the lack of communication between the supply and demand cycles.  As a result, retailers are unable to meet the demand generated by price optimization; incapable of having a pricing and demand structure that can meet local customer needs; unable to create a central demand forecast for the entire enterprise (including every store); unable to use Read More...
Less Stock, More Profit: Inventory Optimization
Inventory optimization is the area where most enterprise resource planning (ERP) software implementations get the highest and fastest return on investment (ROI)

price optimization  To minimize the purchase price the system should also determine best discount quantities by automatically getting the right products to maximize line-buy minimums. With large numbers of stock units, it is important to have a system that can produce exception reports for review, auto-adjust for variances and provide complete visibility of changes throughout the supply chain to allow quick reaction to changes. Replenish Efficient collaboration with suppliers is a natural part of the whole process to Read More...
Provider of B2B Price Management and Optimization Speaks Out
In addition to growing at a breakneck pace for the last few years, Vendavo has recently rounded out its suite for price and margin management. The market should

price optimization  Covers the Bases of Price Optimization and Management ), have prompted a great deal of interest and feedback from readers. The articles have also prompted Vendavo ( www.vendavo.com ), another prominent, privately held provider of price management and optimization software to B2B companies worldwide, to have an update briefing with TEC. This briefing was done for two reasons. First, the vendor concurs that the market for such applications has been flourishing lately, as price management is receiving Read More...
Inventory Optimization: A Technique for Improving Operational Inventory Targets
To boost efficiency, run leaner, and drive down the cost of supply, many organizations are exploring inventory optimization—a technique for improving

price optimization  inventory optimization applications,advanced planning and optimization,sap enterprise inventory optimization,supply chain planning,supply chain demand planning,supply chain management planning,supply chain planning software,manufacturing planning and control for supply chain management,planning supply chain,manufacturing planning and control systems for supply chain management,sap advanced planning and optimization,advanced supply chain planning,supply chain planning tools,supply chain planning systems,oracle advanced supply chain planning Read More...
IBM Introduces Predictive Analytics Optimization to the Supply Chain
About the only thing that gets us more excited than analytics is predictive analytics, and so when we saw an IBM press release entitled

price optimization  Introduces Predictive Analytics Optimization to the Supply Chain About the only thing that gets us more excited than analytics is predictive analytics, and so when we saw an IBM press release entitled IBM Introduces Predictive Analytics Software and Services that Forecast Asset Failure , we knew we had to ask some questions about a new IBM offering called Predictive Analytics Optimization  (PAO). TEC went right to the source, and spoke with IBM’s director of business analytics strategy, Erick Read More...
Pemeco, Inc.
For 35 years, Pemeco has been providing clients with independent and impartial operations and IT expertise relating to process optimization and systems

price optimization  Inc. For 35 years, Pemeco has been providing clients with independent and impartial operations and IT expertise relating to process optimization and systems implementation. Read More...
Getting It Right: Product, Quality, Timing, and Price
The most important factor in industry is no longer the mere price of the product. Increasingly, the purchaser''s task has become to obtain the right product of

price optimization  Product, Quality, Timing, and Price The Functionality of Jeeves Enterprise—Not To Be Undermined Jeeves Enterprise has long consisted of a number of autonomous modules for all key business processes; new modules have been gradually developed and added by Jeeves partners, and have often been tailored for a specific sector or type of business. In 2003, Jeeves devoted significant efforts to developing, refining, and supplementing its product. Jeeves Enterprise Version 9 is the latest offering, and it was Read More...
A Candid Conversation with a Field Service Workforce Management Leader
ClickSoftware, rooted in field service workforce scheduling and optimization, provides automated workforce management and optimization solutions, on-demand and

price optimization  Candid Conversation with a Field Service Workforce Management Leader TEC’s recent series of tutorial articles—“ Navigating Between Service Management Scylla & Charybdis ” and “ The Magic Behind Planning and Executing (Optimal) Service Supply Chains ”—have drawn solid interest and valuable feedback, both publicly and privately. The series on general workforce management (WFM) systems (i.e., not necessarily only in field service), entitled “ Integrated Workforce Management (WFM) Platforms: Read More...
Business Process Management and Optimization
Business processes are strategic assets. They not only generate revenue, but also represent a significant proportion of operational costs. Managing them

price optimization  Process Management and Optimization Business processes are strategic assets. They not only generate revenue, but also represent a significant proportion of operational costs. Managing them properly is key to your organization’s success. Find out how business process management and optimization (BPMaO) can help you understand, manage, and improve your business processes in order to deliver value-added products and services to your clients. Read More...
Advanced Planning Optimization and LeadTime Technology
While both the LeadTime Technology (LLT) and the advanced planning optimization (APO) modules from SAP are supply chain optimization tools, the scope of each is

price optimization  Planning Optimization and LeadTime Technology While both the LeadTime Technology (LLT) and the advanced planning optimization (APO) modules from SAP are supply chain optimization tools, the scope of each is very different. APO optimizes the global supply chain based on costs and heuristics, while LLT looks at production resources and bases optimization on economic profit. Compare the differences between these two tools and see why LLT provides a distinct advantage. Read More...
What''s Your Global Market Price?
Thoughts on global trade, outsourcing, and your pay--how we can stop the downward pressure on wages and salaries.

price optimization  their markets to global price levels. Many of the developing nations are having a hard time with this concept. But let''s take it a bit closer to home. Home Depot announces the creation of ten thousand jobs—great news—with starting salaries at $7.00 to $20.00 an hour. The same basic price for workers in India and China—except that they are doing manufacturing to computer programming at those prices. If you make $14, 560 a year from Wal-Mart or Home Depot, you are considered at the poverty level in Read More...
Six Keys to Exceeding Expectations with Inventory Optimization Initiatives
Inventory optimization is a proven vehicle to gain competitive value through reduced inventory, freed-up working capital, and improved service levels. But

price optimization  Keys to Exceeding Expectations with Inventory Optimization Initiatives Logility Voyager Inventory Optimization improves the performance of multi-echelon supply chains, releasing millions in confined working capital and providing a new level of confidence in every supply chain decision. Source: Logility Resources Related to Six Keys to Exceeding Expectations with Inventory Optimization Initiatives : Supply Chain Optimization (Wikipedia) Six Keys to Exceeding Expectations with Inventory Optimization Read More...
Inventory Planning & Optimization: Extending Your ERP System Part Two: How It Works
Organizations today realize that although strategies focusing on outsourcing transportation, e-business and new distribution models are important, these are all

price optimization  Planning & Optimization: Extending Your ERP System Part Two: How It Works Inventory Planning & Optimization Solutions Inventory optimization software is the most recent addition to the suite of Supply Chain Management (SCM) solutions. Software companies like JustEnough and i2 have emerged as leaders in this space. These solutions establish the optimal mix between inventory investment and service levels for each inventory item at each location within an organization. Inventory Planning and Read More...

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