Gross Margin Calculation – Why ERP Systems Often Get it Wrong

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...

Benefits of Pricing Software: Maximize Profits

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...

What is Cost Plus Pricing? Benefits, Challenges & Where It Fits Best

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...

How to Price a Product (and Still Make a Profit!)

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 Distribution Pricing Solutions: How Rockton Pricing Management Optimizes Margins and Profitability

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...