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The lingering effects of the pandemic and new economic concerns have thrown a monkey wrench into your pricing strategies. In many cases, promotions are no longer offered to optimize price for products with limited inventory.
With contracts dependent on products you can&rsquo;t reliably procure and control expectations so you may be racing to negotiate new agreements or find new suppliers to meet revenue objectives another way. Normalcy has gone out the window and decisions can&rsquo;t happen fast enough.

Vendor contracts, rebates and incentives are complex and difficult to manage, especially if you are using manual processes maintained in offline spreadsheets. Scattered agreements and promotional calendars by vendor, channel and department impede decisions and delay efficient generation of volume, sales and profits.
Fragmented data across multiple vendor systems &ndash; each with different processes, promotional offers and requirements &ndash; are difficult to track and run the risk of revenue leakage when earned income and opportunities are not fully realized.

Streamlining your processes and automating tasks can help carry the load by providing the speed, efficiency and transparency needed to quickly assess conditions, determine the best actions to take and leverage the most favorable pricing agreements.

Are your trade promotions off balance?