Leading Companies use Servigistics

Servigistics Service Parts Pricing Solution

Driving Revenue and profits through Improved Service Parts Pricing

Pricing professionals must carefully calibrate service parts prices to strike that perfect balance between gross profitability and market share. Unilateral cost-plus pricing inevitably leaves potential value untapped by either ceding market share with over-pricing, or eroding margins with under-pricing. By setting the optimal price for every part, you can bolster revenues, while staying competitive in every market.

Servigistics' Service Parts Pricing (SPP) software enables companies to increase revenue and maximize service profitability. Using the right combination of three advanced pricing approaches- price alignment, market-adaptive pricing, and price elasticity - SPP recommends an optimal price for each service part, as well as ongoing changes as market dynamics shift. Armed with SPP, you can choose your price battles more wisely and improve your gross profitability by 15 percent or more!

Servigistics Parts Pricing Solution Includes:

  • A single tool for clear visibility, precise control and efficient management of new and existing part pricing
  • Market-adaptive pricing
  • Elasticity-based price optimization
  • Part lifecycle-based pricing strategies
  • Service-specific algorithms
  • Price alignment solutions and analytics for part chain supersession, part kits, part groups and attribute-based pricing
  • Stock inventory level considerations
  • Dealer complaint resolution system
  • Flexible and extendable part segmentation
  • Manual, automated and exception-based pricing workflows
  • Hypothetical simulation to model impact of recommended price changes
  • Analytical data to support supplier cost management and negotiations

Improve Your Profitability Today
To learn more about the unprecedented value Servigistics has delivered to its increasing list of leading clients visit client case studies and client videos.  Or to determine how Servigistics can help you find your untapped service margin opportunities?  Call us at +1 888.942.8623.  Or, e-mail us at contactsales@servigistics.com.