Tag: Price Management

Connecting the dots: the hybrid data management arena | Information Age

Connecting the dots: the hybrid data management arena | Information Age

Is hybrid data management now a necessity? De Souza: Absolutely. If you think about applications today, whether they be in manufacturing trying to do predictive analytics on the supply chain or optimise supply chains, or whether you’re talking about fraud detection in finance or insurance, or real-time dynamic pricing – these things don’t just need […]

SPOSEA Announces the Immediate Availability of the BrightPrice DealManager Solution Suite on SAP® App Center | SPOSEA

SPOSEA Announces the Immediate Availability of the BrightPrice DealManager Solution Suite on SAP® App Center | SPOSEA

SPOSEA, a privately held company and software innovator in price optimization and management for the ERP and e-commerce software market, today announced the immediate availability of the BrightPrice DealManager solution suite on SAP® App Center through self-service, digitally enabled purchasing methods. The BrightPrice DealManager suite of price management tools achieved SAP certification as powered by […]

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 […]

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 […]

Geo-Targeted Pricing to Boost e-Commerce Profitability | SPOSEA

Geo-Targeted Pricing to Boost e-Commerce Profitability | SPOSEA

Price intelligence is becoming a big buzzword these days. The popularity of Amazon and Google Shopping increases the pressure on e-commerce companies to monitor the prices of their competitors, and adjust their own prices in real-time to stay competitive around the clock. An intelligent optimization of pricing and a strategic thinking is essential to price […]

Bright Price Market Dynamics – Get a powerful solution to effectively optimize and analyze price data in SAP | SPOSEA

Bright Price Market Dynamics – Get a powerful solution to effectively optimize and analyze price data in SAP | SPOSEA

Dynamic pricing solution for Geo-Targeted Price Optimization The Right Price All Over the World DYNAMIC PRICING Our Dynamic pricing software combines real- time market analyses with intelligent price optimization techniques. The optimal pricing strategy will boost your traffic, sales and profits. EXIT INTENT TECHNOLOGY Our Exit Intent technology uses refined behavioral analysis techniques to trigger […]

SPOSEA Strengthens Enterprise Wide Price Data Management Capabilities with Acquisition of Darwinpricing | SPOSEA

SPOSEA Strengthens Enterprise Wide Price Data Management Capabilities with Acquisition of Darwinpricing | SPOSEA

SPOSEA, a privately held company and software innovator in the Price Optimization & Management for the SAP software market today announced the acquisition of Darwinpricing LLC, a leader in Dynamic Pricing Solution for Geo-Targeted Price Optimization. The popularity of shopping comparison platforms like Amazon and Google Shopping is increasing the pressure on e-Commerce companies to monitor the […]

Pricing in a Connected Economy | SPOSEA

Pricing in a Connected Economy | SPOSEA

The world is now heading faster to be a connected economy. And Pricing in such an economy has become dynamic, influenced by different markets, time, geopolitical scenario and location. A pricing system that does not meet the need of the hour becomes obsolete in due course of time.A pricing to constant quality becomes difficult at […]

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 […]