Most businesses can tell you their gross margin. Far fewer can tell you their true margin. At first glance, profitability may appear healthy. Revenue is growing. Sales are strong. Reports show acceptable margins. Yet many companies discover that actual profitability...
Are you confident your gross margin numbers are accurate? Most businesses can perform a gross margin calculation, but far fewer can trust what the result actually means. That’s because gross margin is only as accurate as the cost data behind it. And in many ERP...
Cost plus pricing is often presented as the simplest pricing model in business: calculate cost, apply a markup, and you're done. But as discussed in a previous post, the simplicity of a cost plus pricing often leads to significant operational headaches. In today’s...
What are the Benefits of Pricing Software? Efficiency is the key to success in business. When it comes to supporting your bottom line, pricing strategies are more crucial than ever. Companies need to stay competitive while maximizing profits. This is where pricing...
Cost plus pricing is one of the most straightforward methods for setting product prices. By adding a consistent markup to the total cost of production, this strategy ensures businesses cover their expenses while earning a steady profit. On the surface, it’s a simple...
If you’ve started a new business and are wondering how to price a product, or why you’re losing money on your current pricing model, you’re not alone. Many businesses struggle to set prices that not only attract customers but also protect their bottom line. In this...
Food distributors operate in one of the most volatile pricing environments in business. Supplier costs fluctuate frequently. Commodity prices change. Transportation expenses rise and fall. Seasonal demand shifts throughout the year. At the same time, distributors must...
Rockton Pricing Management (RPM) is a flexible, powerful, multi-platform pricing solution used by businesses across various industries. In food distribution, a sector known for tight margins and complex pricing structures, RPM can be a game changer. Most often, our...
