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Over the last four years manufacturers and distributors have experienced unprecedented volatility, from COVID to geopolitical turmoil driving up wages, gas prices and the cost of raw materials but while things have levelled off slightly, recovery is fragile and volatility remains. According to McKinsey’s most recent CFO Survey, raising prices is seen as the most important strategy in volatile times. But managing pricing in the context of a highly changeable market is easier said than done. Our own research among pricing professionals shows that companies are losing $478k on average each year because prices can’t be adjusted fast enough and 87% of pricing professionals are concerned about the speed with which they can react to changing market conditions and costs. Price management remains a challenge and a drain on resources for SAP users. Whether your business has grown through acquisition and is now operating multiple ERPs, you’re struggling to send prices to external applications, or your price list is simply too huge to update quickly enough, there is a way to accurately execute complex pricing strategies, natively within SAP. In this demonstration, we’ll show you how the Flintfox pricing engine can deliver calculations in real-time, without pre-calculating, storing or copying data in and out of SAP to deliver the fastest and most accurate updates so your business can maintain and grow margins in the face of ongoing market changes.
You will:
- Learn how to deliver pricing calculations in real-time for instant price list updates across thousands of lines.
- Discover the tools to roll-out consistent and centrally managed pricing processes across multiple ERPs.
- Get introduced to methods to execute your pricing strategy, no matter how complex, and give your business the agility it needs to maximize profits in today’s volatile market.
- Understand how to gain enhanced pricing capabilities whether you’re using SAP ECC or SAP Business One today or transitioning to SAP S/4HANA.
