Tag: Manufacturers

More Manufacturers are Adopting Minimum Advertised Pricing Policies | Pet Product News

More Manufacturers are Adopting Minimum Advertised Pricing Policies | Pet Product News

Several pet product manufacturers adopted minimum advertised pricing (MAP) policies recently, demonstrating a commitment to supporting the independent pet specialty channel. The Company of Animals, a U.K.-based manufacturer of pet behavioral and training gear products, announced this spring that it was establishing rigorous policy designed to create a level playing field for its North American […]

Six Sigma Pricing – 99% Good is Just Not Good Enough! | Strategic Pricing Associates

Six Sigma Pricing – 99% Good is Just Not Good Enough! | Strategic Pricing Associates

“Basic human processes are 4 Sigma at best … 99% good is just not good enough.” Greg Preuer – Former Pricing Director at Cooper Lighting and General Electric The Power of the Last 1% One glaring example follows about healthcare related mistakes. Using a standard process performance at 3.8 Sigma (99%) nets 200,000 wrong drug […]

Manufacturers Prioritise Direct-to-Consumer eCommerce stores as They Accelerate Their Approach to Selling Online | MilTech

Manufacturers Prioritise Direct-to-Consumer eCommerce stores as They Accelerate Their Approach to Selling Online | MilTech

In addition, there are further challenges of working with Amazon, respondents named three in particular: the ability to manage product reviews, concerns around fulfilment, and the ability to control their own pricing strategy. WBR conducted research with 130 senior decision makers at major manufacturers in Europe and the USA. Survey respondents included; VPs, Heads of […]

SPA Featured in The Distributor Channel article “Applying Black Belt Principles to the Pricing Process” | Strategic Pricing Associates

SPA Featured in The Distributor Channel article “Applying Black Belt Principles to the Pricing Process” | Strategic Pricing Associates

SPA was featured in a recent The Distributor Channel article, “Applying Black Belt Principles to the Pricing Process”, which discusses how distributors can apply Six Sigma methodology to the pricing function to generate repeatable margin gains and why a solid pricing process is an essential part of any strategic initiative. Excerpts of the article follow. “Initially, Black […]

The PLUS-Pricing Assessment | Manufacturing Business Technology

The PLUS-Pricing Assessment | Manufacturing Business Technology

The Challenge of Choosing a Pricing Strategy The rate of innovation in technology hardware has been accelerating over the past decades. However, a major challenge is defining an optimal launch pricing strategy to realize the new product’s full potential. If the launch price is set too high, the product will get rejected by the market; […]

Why better understanding of price vital to drive profits – column | just-food

Why better understanding of price vital to drive profits – column | just-food

Food manufacturers operating across Europe, faced with differences in how sensitive different markets are to price, need to develop innovative pricing and promotional strategies to win, Dr Anthony Graham, IRI’s executive vice president of international solutions and innovations, argues. Pricing is the simplest and most effective lever to pull to optimise margins – but manufacturers […]

Kenya: Manufacturers lure farmers in pricing war | The Standard

Kenya: Manufacturers lure farmers in pricing war | The Standard

Manufacturing firms are battling to strike a balance between selling products at affordable prices and buying raw materials at low prices. The growing number of firms manufacturing similar products has introduced cut-throat competition that calls for careful pricing and packaging to attract customers. However, the presence of many firms has given suppliers of raw materials […]

Six Sigma Pricing > Control: Set and Enforce Pricing Authority Levels and Repeat Previous Steps | Strategic Pricing Associates

Six Sigma Pricing > Control: Set and Enforce Pricing Authority Levels and Repeat Previous Steps | Strategic Pricing Associates

In the Control phase, our job is to make sure the improvements we have put in place – stay in place. To achieve this you want to chart performance against upper and lower control limits. Run charts show single values plotted over time and indicate trends of process & shifts in process performance. The key to success […]

Six Sigma Pricing > Improve: Build Processes, Systems and Tools to Assist Teams & Create Reporting Tools to Track Improvements | Strategic Pricing Associates

Six Sigma Pricing > Improve: Build Processes, Systems and Tools to Assist Teams & Create Reporting Tools to Track Improvements | Strategic Pricing Associates

This is the fifth in a six part blog series on how manufacturers and distributors can apply Six Sigma methodology to the pricing function to generate repeatable margin gains. This blog covers the importance of driving incremental improvements through building processes, systems and tools to assist teams and create reporting tools to track improvements. All pricing […]

Strategic Pricing and Negotiation October Webinar Series – Pricing Education, Analytics, and Decision Making Tools | SPA

Strategic Pricing and Negotiation October Webinar Series – Pricing Education, Analytics, and Decision Making Tools | SPA

Strategic Pricing and Negotiation Webinar Series Overview We’re excited to announce the availability of several On-Demand webinars and October dates for our series of live educational and informative webinar sessions. Now it is easier than ever to make time to learn about the latest strategic pricing and negotiation tools and techniques live or On–Demand! Our […]