an effective sales price strategy for
products and services is a critical process
needed to keep products competitive in
the market place and generating targeted
margins of profitability for the business.
FlexGen 4 Selling Price Administration
system is one of the tools you will have
to analyze costs, gross margins, product
family margins, complimentary product
contributions and discount structures.
Sales pricing can be easily administered
on a single part basis, inventory type,
product code or a number of other user
defined categories. Periodic price updates
will be sensitive to changes in the market,
cost structure, gross margin analysis
among others. Establishing a well designed
pricing strategy will integrate seamlessly
with FlexGen 4's Sales Order process where
an additional level of pricing administration
is offered through quantity discounts,
customer incentives and volume buying.
Price administration is essential to:
- Meeting business goals in sales and
gross margin contribution of all the
products and services sold by your company.
- Easing the administrative task of
managing numerous and complex pricing
strategies designed to optimize product
success in the market.
- To rationalize the discount and incentive
programs your company may implement
to promote new sales.
- To efficiently update all product
pricing based on changes in standard
costs, actual costs or other market
- To establishing an appropriate compensation
program for your
sales organization and distribution