Getron PRIX - Prescriptive Cost + Pricing

Actionable Recommendations by Forecasting Cost, Demand & Price Simultaneously

Gives actionable recommendations and insights considering cost factors through explainable AI technology.

Getron PRIX simultaneously forecasts costs, demand, and pricing. It is highly sensitive to price elasticity & seasonality factors. You can also switch between what-if scenarios for margin or set any target.

Main Features

Cost of Factor and Spread Analysis
Sales & Production Index and Basket Analysis
Sales Variance Analysis
Product Unit Cost Estimation
Profitability Analysis & Price Recommendations
Getron App & Mass Customization Interface

Sub Features

Cost of Factor and Spread Analysis

Like to like comparison of changes in cost items (COF) & in turnover due to price effects
Display of spread value
Determining products with negative spreads requiring action
Change of monthly spread & turnover ratio and forward estimation
Change of volume effect and monthly turnover rate
Monthly COF change and forecast

Sub Features

Sales & Production Index and Basket Analysis

Display at product and location hierarchy level
Inflation basket
Products to act on
Forecasting of sales and production index
Cross-selling analyses by co-sold products & product groups, customer & order, turnover & number of sales
Cross sell distribution analysis by product group

Sub Features

Sales Variance Analysis

Display of the factors effecting the turnover differences in like-to-like comparisons
Analyses based on product and location hierarchy
Analyses on annual, quarterly, monthly and YTD basis

Sub Features

Product Unit Cost Estimation

Fixed and variable cost estimation
Estimation of production quantity effecting fixed cost
Estimating cost items separately

Sub Features

Profitability Analysis & Price Recommendations

Product group profitability distribution analysis
Price action chart
Whale curve analysis
In line markup recommendations with price action matrix
Price recommendations including cost factors by simultaneously forecasting cost, demand, and pricing
Increased sensitivity to seasonality and price elasticity
Switching between what-if scenarios in terms of profitability

Sub Features

Getron App & Mass Customization Interface

Managing the business rules and policies of your supply chain operations with no-code
Supervising the fundamental configurations and parameters of Getron AI Services
Role & permission management for all layers
Direct integration of Getron AI Services’ work orders to customer ERP
Access to raw data, time series data, and data management panel