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21 Mar 24

Essential Lessons from a Pricing Expert: Strategies for Success

  • Profit Drivers Team
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Over a Zoom call, I was catching up with a former colleague and reminiscing about our journey. I told him that, 18+ years ago, I would have bet my house that by now (2023) businesses would have solved the pricing…
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21 Mar 24

10 Things You Need to Know About Process and System Transformation

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Throughout my 20-year career in finance at Fortune 500 companies, I gained extensive experience participating in system implementations or process changes. Usually, I was responsible for providing finance function requirements, verifying the corresponding functionality met my expectations, and promoting utilization…
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21 Mar 24

From Gross to Net: How to Identify Margin Leakage

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Gross-to-Net (or GTN) is the difference between your gross sales and net sales, and it includes both on-invoice and off-invoice discounts, such as rebates or promotions. A 1% improvement in price can lead to an 11% increase in profitability, so…
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21 Mar 24

Mastering Market Dynamics: How to Choose the Best Pricing Strategy for Your Business

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The increasing volatility of the marketplace, fueled by a global pandemic and inflation, has given way to a competitive landscape that requires enterprise-level companies to constantly adjust their pricing strategies to keep up with shifting price levels and dynamics. With…
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21 Mar 24

Case Study: Enhancing Manufacturing Resilience with an Early Warning System

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In the dynamic landscape of global manufacturing, a proactive approach to fluctuations is crucial for sustained profitability. This case study delves into how a large global manufacturer successfully navigated challenges posed by inflation and market volatility by implementing an analytics…
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21 Mar 24

Pricing Project Snags: Potential Pitfalls & Avoiding Them

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Embarking on a pricing initiative with the latest, cutting-edge software might seem like the ultimate solution, but beware, for beneath the allure of innovation lies a minefield of potential pitfalls. These challenges can’t be easily dismissed, and they often surface
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21 Mar 24

Navigating Price Pressures: Balancing Consumer Demands and Corporate Strategy

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With the inflation wave slowing down, the market has become increasingly competitive. While prices broadly are still climbing, consumers are starting to push back on the price of consumer goods and are seeking discounts. This shift has prompted executives, including
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Recent Posts

  •  Volatility Is the New Normal: How Companies Can Protect Margins, Move Quickly, and Lead with Greater Confidence
  • Building a Pricing Strategy That Lasts: A 7-Step Guide to Unlocking Sustainable, Long-Term Growth and Profitability
  • Balancing Profitability with Consumer Pricing Pressures: Strategic Moves for McDonald’s and the Fast-Food Industry
  • Rebate Optimization: A Strategic Imperative to Unlock Organic Growth, Improve Profitability, and Maximize High-Impact Returns
  • Strategic Moves for Resilience: Navigating Manufacturing Slowdowns with Smart Pricing Actions

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