INDUSTRY: Chemicals
Optimization Software and Predictive Analytics for the Chemicals Industry
SignalDemand is the first optimization software company to go beyond price management to integrate market signals and product strategy into real-time, optimized answers to complex decisions. SignalDemand provides patented, comprehensive mathematical models to deliver real-time recommendations for price and product mix as demand- and supply-side markets change.
With SignalDemand's integrated supply and demand engines, chemical manufacturers are able to regain control over margins. They can improve margins by understanding the various demands and processing alternatives available to them, along with their respective impacts on revenue and margin.
Pricing Optimization
- Set optimal contract terms based on a full understanding of underlying risks
- Know when to implement price increases in a market with a volatile underlying commodity
- Identify how cost changes should be optimally applied across customers and contracts
- Understand true customer and product profitability
Product Mix Optimization
- Determine the best mix of products to maximize margin from available resources
- Optimally allocate resources to a portfolio of market segments by actively shaping demand
- Maximize margin per capacity hour by optimally using production capacity
- Realign supply and production plans with sales objectives
Price Management
- Segment market into price and demand groups
- Identify the historical price laggards in each group
- Determine true profitability of each deal/contract
- Implement strategy to grow margin on price laggards and grow volume on price leaders
