As with any initiative, it is always advisable to first develop your strategy and then start to execute. However, with the plethora of pricing related technology in the market — from strategic pricing, to price execution to price enforcement — many organizations have inadvertently started executing, even before the right price has been set. Applying Maxager's unique profit-per-minute approach that encompasses both margin and velocity information to first set the right price, manufacturers can ensure that subsequent pricing activity truly contributes to overall profitability.

• Determine strategic pricing by product to attain target profitability and ROA
• Analyze profitability based on historical pricing by product, customer or market
• Make product decisions by comparing strategic pricing needed to attain target ROA with possible market pricing
• Model profit impact of price changes to a product line, customer or market
• Maximize cash by dynamically modifying price, volume, and mix based on current costs and market conditions
• Supply strategic pricing levels as input to pricing software solutions

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