Leverage AI: next level spare parts pricing
Anyone thinking about short-term potential in mechanical and plant engineering cannot ignore the after-sales business. Low price sensitivities and short times for generating new leads are an optimal basis for market-side measures. Pricing in the spare parts business plays a vital role.
More and more companies are failing due to the growing complexity of the number and classification of spare parts. Modern, AI-based approaches can handle this task efficiently and in a resource-saving manner.
Special care must be taken when selecting pricing software. A solution that suits your company is the prerequisite for sustainable success.
With these challenges in mind, our end-to-end spare parts pricing approach takes into account:
- Strategy and target setting in spare parts management pricing (“North Star”)
- Concept with regard to pricing model and logic
- AI solutions for the classification of spare parts
- Development of a pricing organization and processes, change management
- Software solution for price maintenance (SK Spare Parts Pricer or external vendor selection)
SK Spare Parts Pricer
The SK Spare Parts Pricer from our subsidiary Simon-Kucher Engine is the ideal solution for efficient and precise spare parts management. The software maps all relevant pricing processes - from calibration and simulations to the monitoring of KPIs. Thanks to its full integration into all common CRM and ERP systems, it fits seamlessly into existing IT landscapes and enables data-driven, strategic pricing.
Further details and background information can be found in our information deck!
