INDUSTRY SEGMENT: Edible Oils
Optimization Software and Predictive Analytics for the Edible Industry
The edible oils industry faces a complex set of decisions that must be coordinated to optimize the sales execution process and margins. Product proliferation and inconsistent uses of trade have led to large differences in variable margin contribution across similar products and customers. Volatility in the underlying commodity has led to significant risk and pricing complexity.
SignalDemand's predictive analytics and optimization software distills the complex interdependencies between supply and demand into mathematical models that power an intuitive user-interface, providing edible oil producers with the actionable information needed to proactively manage their business.
Improve Price Consistency with Predictive Analytics
- Reduce margin volatility through improved insight into customer buying patterns
- Understand customer profitability to target more profitable channels
- Understand the most efficient product mix to maximize sales and margin
Fact Based Negotiations with Pricing Optimization Software
- Negotiate optimal contracts based on expected customer behavior, input costs and cost projections
- Respond quickly, accurately and consistently to customer inquiries
- Identify how cost changes should be applied across customers and contracts
Maximize Margin Contribution with Pricing Optimization Software
- Determine optimal prices across channels and customers
- Eliminate unprofitable products by shifting demand to substitute products through intelligent pricing
- Reduce margin volatility and establish optimal margin targets to achieve business goals