Profit Optimization
Improve your bottom line with AI powered IMA360 solutions
Profit Optimization
Improve your bottom line with AI powered IMA360 solutions
Optimize Profits by optimizing your Pricing, Promotions, and Incentives
When products are set to a price point that delivers the best possible financial outcome using available resources and constraints, it leads to Profit Optimization. These price points can be a combination of product prices, on-invoice discounts and off-invoice incentives.
Profit Optimization Influencing Factors:
- Supply and Demand
- Competitive Landscape
- Local Market Conditions
- Price Elasticity
Analyze Profitability
Analyze Profitability at any level and obtain a deep understanding down to the customer and product levels.
Observe the relationship between profitability and promotions/incentives.
AI driven Forecasting
Forecast sales based on historical data using different AI models that are specially optimized for different industries.
Model pricing, promotions, and incentives to increase sales and boost margins.
Optimize On-Invoice Pricing and Discounts
Optimize product prices by customers, groups of customers, affiliations, and all customers.
Optimize discounts that are given on-invoice to specific customers
Optimize Incentives
Optimize incentives (Rebates, Chargeback, Sales Commissions) to get the best value for your business
Accurately predict income from incentives (Supplier Rebate, Chargeback) and model them into your business’ profitability
Accurately predict expenses from incentives (Customer Rebate, Chargeback) and model them into your business’ profitability
Optimize Promotions
Plan incentives based on demand and competition to maximize sales.
Optimize promotions without sacrificing margins by promoting what truly leads to sales lift, i.e., no need for the same promotions across all states and/or all products within a product line
.
Analytics
Identify and create alerts for any anomaly in pricing, incentives or promotions budgeting or execution with Anomaly Detection
.
Utilize executive dashboards to see all important KPIs at a glance.
