In an era where pricing is important.
Defying cost volatility: A strategic pricing response
Input cost increases provide an opportunity to restructure and improve pricing while also institutionalizing best practices. Yet margins will suffer if they are not done carefully.
Key takeaways
- The ongoing input cost increases and volatility, while representing a difficult challenge, provide an opportunity to improve pricing through adoption of best practices.
- Organizations that adopt a strategic approach to pricing actions can significantly minimize margin leakage during a pricing action.
- Our four-step approach can put your organization on a path to pricing excellence, allowing you to recover cost increases and minimize negative impacts to financial performance in a responsible, transparent, and customer-centric manner. ... '
No comments:
Post a Comment