Pricing is one of the last business disciplines where major decisions are made with gut feel, intuition, and spreadsheets.
With SignalDemand margin optimization software, process manufacturers can finally incorporate innovative science and technology to accurately align prices with changing demand and supply.
- Quickly understand how commodity costs, other variable costs and pricing discounts eat into product and customer margins
- Accurately forecast commodity and product prices in the short-, mid- and long-term
- Determine optimal prices and optimal product mix for today and tomorrow
Advanced Science and Technology for Optimization
SignalDemand software incorporates the latest data extraction and integration technologies to take in key information from internal (sales transactions, supply-side processes, variable costs) and external (third-party market data, commodity exchanges) data sources. This information forms the critical starting point for the accurate configuration of SignalDemand science engines.
A key differentiator of our solution is the comprehensiveness of our science engines. SignalDemand products are built using patent-pending optimization engines created by a hand-picked science team with Ph.D.s and advanced degrees from top-tier science and mathematics programs.
Beyond Price Management to True Margin Optimization
Realizing that true margin optimization requires more than simple price management or modeling of demand elasticity, we developed a comprehensive optimization engine to incorporate all variables affecting margin—demand, cost, and supply. The output of each engine—demand, cost, and supply—is weighed and taken into account in the final optimization process. The result is a holistic view of your business. SignalDemand's software arms you with an accurate understanding of what drives profitability as well as the price recommendations needed to optimize business performance.
Margin Optimization
SignalDemand Price and Response optimizes prices, products, and processes in both assembly (BOM) and disassembly (reverse BOM) manufacturing environments. The system incorporates data from internal and external sources into the core demand, supply, and cost optimization engines. These engines power the application modules, from analytical tools like Visibility and Consistency to science-driven modules including Price/Volume Relationship and Optimization.
