Manufacturing journalist TR Cutler interviewed pricing experts Dallas Crawford and Dan Barrett of QueBIT in the recent issue of Manufacturing Outlook ezine. Read the article here.
According to Crawford and Barrett, researching the perceived barriers to price alignment automation, most industrial business decision-makers feared an extensive implementation time, complexity, and significant costs. New solutions, such as QueBIT PriceAlign, overcome those concerns offering an automated pricing alignment technology which can be implemented cost-effectively in just weeks.
Delivering significant improvements in revenue and margin by providing a clear, guided user experience (via insightful dashboards and comprehensive pricing science) means hundreds of manufacturing companies in Q3 and Q4 2020 will ensure pricing execution remains aligned with strategic objectives.
Crawford insisted that price aligning with data analytics can be done readily in real-time. The ability to concentrate on high and low volumes that fall outside a normal distribution of trend or seasonality can inform where margin opportunities exist. This is particularly valuable during the pandemic where buying patterns are in greater flux.
Barrett is convinced while the pandemic is an important driver for price aligning, it remains just one factor impacting manufacturers on the demand and supply side.
Jacket Media is the parent company of Manufacturing Outlook e-zine. The publication highlights current manufacturing trends.
About TR Cutler, Inc.
Thomas R. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc. , the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler is celebrating the 21-year anniversary of the Manufacturing Media Consortium. Cutler is featuring African American manufacturers in solidarity with Black Lives Matter. Learn more here.
During COVID-19 Cutler is advising manufacturers, industrial leaders, supply chain professionals, and C-level executives how to best navigate Q3 2020 and beyond.
Cutler has authored more than 8,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals. Cutler is the most published freelance industrial journalist worldwide, and more than 4500 industry leaders follow Cutler on Twitter daily at @ThomasRCutler.
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