Global Price Management

Semiconductor and electronic component companies can maximize margins by delivering consistent, accurate, and profitable pricing tailored to specific customer and channel partner requests. However, complex price lists, pricing rules, and channel relationships can frequently result in inconsistent pricing across channels and regions and unenforced contract terms that erode margin. And, long quote turnaround times result in lost business.

Ensure Pricing Accuracy and Consistency

Model N Global Price Management ensures consistent and accurate pricing across channels and geographies by automating quote responses according to pre-established price lists, pricing rules, contract terms, registrations, and market price programs. With tailored responses to price requests based on user-controlled parameters such as customer, end customer, channel, geography, and target, Global Price Management eliminates price erosion caused by internal bid wars, and non-compliance with contractual volume commitments. Global Price Management also improves the handling of special pricing processes, by automating routing for approvals and automatically generating an audit trail for actions taken.

Key Components of Global Price Management: