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  • Writer's pictureNikhil Kotcharlakota

Importance of Pricing Operations

Pricing Operations is very under appreciated.

I discussed the importance of pricing strategy for a company to grow sustainably. However a good strategy cannot be executed without strong operations.

Pricing Operations involves:

Ensuring that the price is loaded into the ERPs

Creating price sheets on a monthly basis

Price reporting

Direct-to-consumer or online price publications

We lose price if any of these are not done correctly. As a result, we are not capturing all the price we can, leaving money on the table.

In addition, we create a bad customer/consumer experience by not having the right information in a timely manner.

It is our focus at PriceOps to help you establish a world-class pricing organization. Get in touch with us to find out how we can help.



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