As with all data processing, automation offers an undeniable gain in productivity and reactivity which can be useful in terms of pricing. By using an alerting solution, you can be automatically notified as soon as a price no longer meets the criteria defined within your pricing teams.
Over and above the competitiveness of your prices, through alerting you can ensure the correct application of your pricing policy. Your teams can continually check that the baseline prices, defined with your distributors as part of your sales agreements, are respected.
For the tire manufacturer, alerting will provide a clear view of its distributor’s sell-out market to:
- Establish a baseline price in line with the market pricing policy
- Have a clear vision of practices, and be informed of any breach to sales agreements by monitoring a large number of online distributors websites.