Reddyinfotech is a premier provider of PROS capabilities. We offer flexible capacity staffing services, hands on Build and Configuration Services, and provide Business Process best practices in the following areas:
- Scientific Analytics
- Price Optimization
- Pocket Price Prediction
- Gross Margin Optimization
Our team of consultants have led market research projects that deliver key consumer insights. They are in charge of special advanced analytics / optimization models to predict sales response to pricing and other marketing variables. We also led data mining projects and advanced analysis that reveal margin leakage along with Measure margin response to marketing/sales activities, promotions & pricing strategies. We Developed optimal pricing / marketing / profit strategies by preparing pricing analysis of both, internal info and external data (research insights provided by analytical tools such as Van Westendorp PSM, price elasticity, R2, regression, conjoint, cluster and factor analysis, value attribute positioning and others
Below are our representative PROS Process Capabilities:
- The waterfall benchmarks and differentials are defined in the waterfall chart control. This definition must be in XML format.
- Pricing Waterfall Analyzer development
- List price, Discounts, Rebates, Cost of Goods Sold, Promotions, & Commissions
- Identified optimal pricing / marketing / profit strategies by preparing pricing analysis of both, internal info (data mining, price realization – leakage, pocket price, pricing waterfall) and external data.
- Research insights provided by analytical tools such as Van Westendorp PSM, Price elasticity, R2, Regression, Conjoint, Cluster and Factor analysis, Value attribute positioning and Others
Invoice Revenue Performance History – A sample of how we edit Invoice Revenue Performance History
- Configurable text items are displayed beneath a chart. configured “static text” and formulas that can display numeric values within the static text
- Configured text so that it is relevant to the chart it displays with and so that it only appears for relevant charts
- Text items that I configured in the text sections included:
- Insights (conclusions from data in the chart / reports)
- Insights that combine terms from a template with other insights to direct attention to the key information on a particular view
- Opportunities that point out areas needing improvement
Allocation Models: Developed a new cost allocation system for an overall value of $45-$50M for rebates, cash discounts, bad debts & marketing costs at sales transaction level to determine true profitability by customers, regions, product lines and SKUs. Re-generated gross margin assumptions for gross-profit calculator every fiscal year.
- Objective is to allocate an income statement item on customer or product line levels. Typically, market cost a single entry in G/L (ERP systems) with no specifics to customer or product hierarchy and companies have a difficult time figuring real cost for each item – PROS is instrumental in this area
- Outcome: Impact on the Pocket Price
Band Analysis: Developed Band Analysis to learn about and set price floors for RFQs opportunities in Trade / Commercial Biz.
- A quick and dirty way of figuring price floors for future Quotes/RFQ business.
- Items 5, 7, 8 & 9 are results of back-end adjustments (part of Allocation Specialist Role)
- This is a shortcut to learn about and set price floors for RFQs opportunities in Trade / Commercial Biz.
- We can also learn Price-Volume strength areas for future Pricing project
Build and Configuration Services
Reddyinfotech is a premier provider of Build / Configuration Services including New Functionalities, Changes to existing functions, Break/ Fix functions, Maintenance, Support Packs and Delivery Management Services that has been serving various customers for years. Our portfolio of products and services have been providing business functionality and technical problem solving for wide range of industry verticals in Americas, Europe, Asia and Australia.
Our team of management consultants worked with PROS and Big (4) consulting firms previously and specialized in Sales, Pricing Optimization, Margin calculations, Waterfall analysis, and Supply Chain Management areas for years. They have utilized the proven methodologies and tools to develop and implement process re-engineering. As a result, the clients have benefited cost savings and revenue growth in Pharma, Consumer products, Wholesale distribution, Media, Hi-tech, Oil and Gas and Utilities.