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eClerx
– One of the Sponsors at the 14th Annual Summit for PROS
eClerx participated in
the 14th Annual Summit
for PROS, the largest
and most comprehensive
event of the year
dedicated to Pricing
Excellence and Pricing
Science. eClerx,
specializing in price
optimization was one of
the sponsors at this
pricing optimization
conference. With over 80
targeted sessions during
the comprehensive three
day agenda, this
conference was the
year’s largest, most
respected and most
diverse opportunity to
learn about current
topics in price
optimization.
The PROS 14th Annual
Summit aimed at giving
executives with pricing
responsibility a head
start on the roadmap to
pricing excellence. This
event focused on helping
executives of Fortune
1000 companies increase
profits by learning
about best practices for
pricing strategies and
processes. The lectures
and networking sessions
established a common
understanding of how a
company is performing
compared to
best-in-class
organizations and how to
improve pricing and
revenue management
effectiveness.
Speakers include world
class operations
research scientists
including members of the
PROS Science Advisory
Board and leading
academic researchers
from MIT and Columbia
University. PROS
scientists addressed a
number of topics focused
on pricing optimization,
segmentation, and
forecasting including:
– Pricing
performance measurement
– Price planning –
balancing targets with
efficient frontiers
– Demand
management and
forecasting
– Driving
Profitability through
Segmented Price Guidance
PROS Holdings, Inc.
(NYSE: PRO) is a leading
provider of pricing and
revenue optimization
software products,
specializing in price
analytics, price
execution and price
optimization for
manufacturing,
distribution, services,
hotel/cruise, and
airlines. Founded in
1985, PROS is
headquartered in
Houston, Texas.
eClerx’ customized
pricing analytics
program is geared to
collect price /
promotion data for
complete competitor
catalogs at pre-defined
intervals. Product
specialists execute
feature-by-feature
matching of products
with those of
competitors and can then
generate SKU-level price
recommendations.
To maximize margin and
minimize competitive
threats, eClerx utilizes
a unique blend of
people, processes, and
technology to determine
the ideal price
position. We then make
price recommendations
and analyze the impact
of your pricing moves to
understand their real
effect in your industry
and ensure optimum
performance and
effectiveness.
eClerx provides 7 unique
services: |
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Price Position and
Competitive Benchmarking:
Exact and “like” product
price comparisons, SKU level
price position analysis,
price change alerts and
price trends |
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Price Efficiency and
Optimization: Price
adjustment modeling, price
change recommendations based
on your business rules,
wrong price alerts, unusual
price/cost change and margin
alerts, profitability impact
analysis, SKU velocity
analysis and profit leakage
tracking |
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Competitor Price Move and
Promotions Analysis: Unusual
competitor price change
alerts, daily promotion
tracking, frequency/timing
of price moves, stock
availability, lead time and
shipping policy analysis |
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Procurement: Supplier’s
minimum price breach alert,
SKU level alert for cost
negotiation, target cost
evaluation and OEM rebate
alerts |
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Strategy Support:
Differential pricing across
stores/segments/channels,
optimal timing of price
moves/promotions, category
price change trends, “who
follows whom” in pricing,
“first to market” analysis,
competitor product
mix/breadth analysis,
product life cycle pricing
trends, catalog churn
comparison, price
volatilities comparisons and
cost of ownership tracking |
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Process Re-Alignment: Adjust
tactics and programs to
match changing needs in
order to optimize margins
and profits |
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Pricing Dashboard:
Interactive, real time view
of pricing and margin
consideration to your sales
force |
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