Pricing and Selling Solutions for
Automotive Manufacturers
Market turbulence, supply chain failures, resource reductions, and price volatility demand commercial agility for automotive industry companies, whether they are OEM, Tier 1, aftermarket, or any other value chain partner. Digitalize and modernize your pricing and selling processes with Vendavo.
No matter where you sell, what you make, or the challenges your business faces, Vendavo has solutions for automotive manufacturers to grow profits and revenue successfully.
Price Excellence: A Road to Monetizing Innovation
Why do some ideas flourish while others flop? Our eBook, Price Excellence: A Road to Monetizing Innovation explores the Fiat Chrysler Automobiles and Porsche stories and illustrates how price excellence is a critical differentiator in monetizing innovative products or services.
83%
of auto executives are confident that the industry will achieve more profitable growth over the next five years,
60-80%
of parts are not priced adequately to match market
conditions and company strategies
Leveraging digitalization to fundamentally change how your business operates
We understand the complexities of automotive and industrial organizations. We’ve been deploying enterprise ready solutions for pricing and selling for more than two decades, serving the leading manufacturers and distributors. We’ve built our experience into our products and our processes.
If you’re part of the automotive industry, you need to find ways to manage your pricing strategies across multiple regions while optimizing guidelines for negotiations – despite inherent complexity.
Easily setting deal and net prices and harmonizing pricing across regions and countries is mission critical for every business in the automotive sector.
Vendavo empowers you to simplify your pricing processes, quote better and faster, analyze your pricing data, and drive higher margins despite market complexity and economic disruptions.
Leading Solutions for Common Industry Challenges
Challenges
Vendavo Solutions
Honestly, we have limited resources, so we thought it was more important to, when we rolled out to a store, to do it right… the phased approach really helped us focus in on, pricing… we have thousands and thousands and 10s of thousands of SKUs. Think about all that data and all the ways you could look at it and there’s lots of people you need to have conversations with [to get it done right] and put it into bite sized chunks so that we could be have a better quality roll out for the stores.
Reid Garrett
VP of Merchandise
[What I like best is the] ability to have an integrated view of my business, in real time, to make more effective business decisions to improve my business and business strategy for the long term. We have an integrated pricing and analytics solution which allowed us to use competitive data to understand our market position over time – Instant data analytics!
Armeka Sullivan
Revenue Management Project Manager
“The current environment has been really tricky. If we didn’t have the flexibility enhanced by this new technology, it would have been very difficult to keep up with the rising product costs, SG&A inflation, and supply chain issues.”
Reid Garrett
VP of Merchandise
Latest Vendavo Resources for Automotive Manufacturers
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