Do you keep your prices the same across the board? Is it harming your revenue? Then, you might want to give price discrimination a go. To be clear, the word “discrimination” in this context does not usually refer to something illegal or derogatory in most cases. It...
Enterprise Resource Planning (ERP) systems have become the backbone of operations for many organizations. These software solutions integrate various business processes and functions into a single system, providing a centralized repository of information and...
Who here uses Excel spreadsheets for managing your pricing? Does this sound like you – copying, pasting, and updating a new file every time? Then, listen up -- not only is there a better way, but using Excel spreadsheets for pricing management could be hurting your...
In the competitive world of manufacturing, customer satisfaction is the key to long-term success. Satisfied customers are more likely to become repeat buyers and can even become advocates for your brand. But how do you know if your customers are truly satisfied with...
The COVID-19 pandemic changed the world. Not only did businesses have to adapt to a reduced contact world, but they also had to figure out how to stay above water while inflation, supply chain issues, new market demands, and heavy competition pulled them down. To...
Software as a Service (SaaS) companies offer a wide array of solutions that cater to the needs of businesses and individuals, ranging from project management to customer relationship management and beyond. One of the critical aspects that determine the success of a...
Michael sold a red corvette to Prince. Working at a dealership who pays their employees based on sales, Michael receives a certain commission for the red corvette he sold. This commission must go through several channels for a check to land in Michael’s hands. This is...
The manufacturing industry is a dynamic and complex ecosystem where efficiency, precision, and adaptability are keys to success. A well-structured supply chain is the backbone of manufacturing operations, ensuring that materials flow seamlessly from suppliers to...