PRICING SYSTEM
Issues:

Top management should ensure proper price management, especially when margins are driven down by raw materials and competition, and differentiation becomes more and more difficult.

Solution:
We assist the client to develop a structured pricing process that reflects the value of the products and services to customers and allows for fast reaction to change in market conditions.

Project Steps:
1) Decide on pricing ownership and accountabilities of key stakeholders.
2) Formulate overall pricing strategy.
3) Set up combined market and cost driven pricing guidelines per product line.
4) Establish efficient approval process with clear pricing authorities.
5) Introduce pricing monitoring and tracking tools.
Picture - Elements of Price