Arm your pricing managers with tools to maximize marginGetting pricing right is critical for the health of your bottom line, but with thousands of product lines and a dynamic marketplace, pricing can be tough to nail. MITS provides powerful pricing tools to monitor the effect of your pricing strategies, so you can quickly make adjustments to maximize both sales volume and profit. All of these tools can be easily modified by anyone on your team to reflect your specific goals.
See overrides at a glance and how your pricing strategies are working
The MITS pricing dashboard puts the metrics that matter most to your pricing managers right at their fingertips. This powerful tool makes it easy to see sales and margin trends as well as how often prices are being overridden, by whom, and the resulting impact of those overrides.
Managers can instantly click down into sales rep or account details to help determine if pricing strategies need to change for a particular product or whether sales rep or customer behavior is the root cause of the override.
Isolate margin trouble spots and take action to fix themMITS provides many pre-built reports to help your pricing executives root out the causes of lower than expected margins. Maybe the problem lies with a particular product line, account, or sales rep. Whatever the cause, powerful reporting tools from MITS help your managers isolate trouble spots so they always know who to contact next to get margin back on track.
Mark Roebuck, VP of Sales,Southern Pipe & Supply
Keep supplier pricing in line with your goalsArm your pricing manager with a report that tells them which prices by supplier need to be adjusted to come into line with your pricing strategies and goals. That way they can spend their time working on price changes and contracts that have the most impact on your bottom-line growth.
Review product performance history before changing prices
With powerful reporting tools from MITS, your pricing managers can easily see how price has affected sales volume, and margin for a particular product in the past, so they can make smarter decisions about your pricing moves going forward.
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