Managing Supply Chain Disruption with Flintfox
Meet the Authors
Key Takeaways
⇨ Organizations must adopt agile and responsive pricing strategies to manage the impact of supply chain disruptions and protect profit margins.
⇨ Flintfox's intelligent pricing engine enables real-time calculations and scenario modeling, allowing companies to proactively address potential disruptions and implement solutions quickly.
⇨ With 80% of companies experiencing profit declines due to slow pricing adjustments, businesses need to leverage advanced pricing tools to stay competitive and maximize margins amid ongoing market volatility.
Supply chain disruption has been a near-constant issue for manufacturers and wholesalers since the start of the pandemic, yet many organizations are still struggling to regain a sure footing against the volatility. While market forces costs can’t be controlled, their impact can be managed.
Fighting Uncertainty with Intelligence
One of the best ways for organizations to regain control is to ensure their pricing is agile and responsive to changing market conditions. This ensures margins can be insulated from disruptions and unanticipated problems within the supply chain.
To equip themselves with these pricing strategies, many SAP organizations are leveraging Flintfox and its intelligent pricing engine. Flintfox acts as a single source of truth for all pricing data, including margins, rebates, settlements, and claims.
When manufacturers and wholesalers need to enact price adjustments to protect profits against rising costs as a result of supply chain disruption or manage margins in the face of an under or over-supply of stock, 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 businesses can avoid margin erosion in the face of ongoing market changes.
Anticipating Disruption
With supply chain disruptions still playing a major role in the daily operations of many organizations, companies can no longer be reactive to these shifts. Instead, they should find ways to be proactive. One of the top ways companies can stay on the front foot is to model impacts of disruptions.
Modeling market and pricing changes gives companies the chance to understand the impact of significant events before they even happen. This allows businesses to lay out the blueprint for how to deal with disruptions so that they can implement these fixes as soon as possible.
Flintfox offers users the ability to model pricing scenarios. This information can help maximize margins by simulating even the most complex scenarios ahead of time. The engine can also help implement these changes at scale, quickly giving users an end-to-end solution all the way from planning to execution.
What This Means for SAPinsiders
Flintfox’s research has shown that the vast majority of companies (80%) have seen their profits suffer in the wake of slow pricing changes. Many professionals are concerned about their company’s ability to adapt to future volatility.
Businesses can no longer afford to sit back and be at the mercy of volatile supply chains. They must adopt more sophisticated and intelligent pricing tools like those from Flintfox. By staying on the front foot, companies can maximize margins even in the face of ongoing upheaval.