Salitix have developed a ‘cost price algorithm’ which allows us to examine the price applied to a product at any given time against the agreed Retailer price forms.
This might sound simple, but when executing across multiple retailers and multiple product lines, it is a data analysis minefield and is not easily executed in an economically efficient way. In short – prices are often left unchecked once they are live and therefore mistakes go undetected.
Salitix has developed a process that allows us to search for and collect the individual price files generated by the retailer, collate them and turn them into a searchable database for efficient and speedy analysis… clever, aye!
The result – settled pricing claims running into the 100’s of thousands over the last 6 months.
If you think you might benefit from this kind of analytics, perhaps because you have multiple lines with regular cost price changes or have been battling to instigate CPI with your customers – then get in touch to find out how Salitix can help.