Enable Accurate, Data-Driven Pricing

Critical pricing decisions are made every day that affect the ultimate profitability of an enterprise. Often, analysts and managers are forced to determine prices and discounts with limited information, guessing at what price the customer will pay or using the most recent customer price as the basis for the next price.

BotCode’s Pricing Analytics Dashboards enable users to make insight-driven pricing decisions, to measure pricing effectiveness and to take improvement actions, informed by consistent data and the right business context. Users are armed with visibility into a single consolidated view of profitability and simple-but-sophisticated analytic tools and alerts. BotCode uses Microstrategy Reporting Services to provide an intuitive web-based interactive interface for business users to create or modify their reports.

Highlights

Category Management – Gain insight into merchandise performance by product, category, geography and vendor. Optimize their product mix, ensure inventory levels are appropriate, and offer specific product selections demanded locally by consumers.

Inventory Analysis - Match supply to demand, save money in idle inventory and make money by preventing lost sales. Monitor important inventory indicators like consumption, turnover, returns and material movements in order to minimize inventory while still ensuring adequate product supply. Quantify the monetary impact of inventory shortfalls on sales, predict future inventory needs and automate the reorder process based on demand forecasts.

Product Scorecards –Get “at-a-glance” insight into key product and service drivers. Track and analyze factors that influence product profitability and optimize product mix across channels, lines, categories and brands. Get interactive scorecards through email, Web, and Microsoft® Excel, with complete integration of reporting, ad hoc analysis, data mining functions and access to transactional systems.

Merchandising Analysis - Improve the planning, placement and presentation of products for identified target markets. Monitor the impact of merchandising attributes like product placement, packaging and shelf-space area on metrics such as product sales and profitability. Identify product affinities and use predictive models to forecast sales quantities.

Promotions and Discounts Analysis - Identify the most relevant and successful offers for any product or customer segment. Sales discount and promotion analysis starts with trending of campaign success over time by product, channel or offer and then calculates the return on investment for executed campaigns.