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Deal ManagementSemiconductor and electronic component companies face the challenges of a complex value chain, with end customers purchasing directly and through distribution partners, manufacturer reps, and contract manufacturers across multiple regions. This distributed sales process makes it difficult for organizations to obtain accurate visibility into demand, while complex pricing rules and a high volume of special pricing deals hinder quote turnaround time and pricing consistency. These factors impact an organization's ability to convert quotes into orders. Increase Deal Conversion While Enforcing Pricing ConsistencyModel N Deal Management enables semiconductor and electronic component manufacturers to improve deal conversion rates, protect transactional margin, and obtain visibility into demand across channels and regions. With interactive quoting, contract compliance, and sophisticated opportunity tracking, companies are able to dramatically reduce quote cycle time and the number of lost opportunities, reduce price erosion through enforcement of pricing policies and the elimination of internal bid wars, and obtain visibility into demand across channels and regions. Key Components of Deal Management:
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