Master omnichannel programs, build profitable pricing and incentives, and track fluctuating commodity prices—all while enhancing plant and asset operations, curbing costs and driving growth.
Discrete manufacturers purchase raw materials and refine them for resale. Purchase and sales price management is critical for profitability because commodity prices can significantly fluctuate daily. Vistex solutions allow mill product companies to negotiate and administer purchasing agreements to stabilize costs, link sales prices to raw material or index prices for automatic adjustment, and establish sales contracts to promote volume and predictability. Vistex solutions also provide the ability to define and execute pricing and incentives with the analytical capabilities to ensure that each deal is profitable.
Now, mill products companies can finally get control of all their rebates, pricing, and channel programs – so they can make sure it all adds up to more growth, not just more costs. Vistex | Now it all adds up®.
Full suite of price maintenance, analytics and optimization capabilities
Ensure SPAs are favorable and gain visibility into true profitability with contract analytics and automated claim validations
Systematically administer programs and automatically validate partner claims against channel inventory
Manage all aspects of planning, contracting, data ingestion, and claim validation
Incentivize partners to drive brand recognition by effectively allocating monies, tracking usage, and validating claims
Calculate, track, manage, and analyze rebates that drive revenue and reward behavior
Ensure distribution levels with targeted rebates. Track in real time and automate payment calculations
Monitor inventory moving through channel partners to accurately validate and pay claims
Learn more about Mill Products