The Deloitte Pricing Data Assessment
Effective Pricing Management can help companies increase profitability by improving the way they analyze, set and deliver prices. Many organizations today understand the benefits that improved pricing capabilities can bring to their top and bottom lines, and embark on Pricing Improvement Initiatives.
Data is the most critical component of effective Pricing Management. In our experience, the most common reason many Pricing initiatives fail to realize their full potential is because the effort to gather and transform the transactional pricing data is underestimated and poorly understood.