Price & Market Monitoring
Keep track of competitors, compare market prices and secure solid analytics to ensure strategic planning, decision-making and business growth
Why do I need it?
How does it work?
In an ever-changing landscape, price and market monitoring is essential to stay ahead of competition. Keep track of your marketplace with insightful information to position your business, products and pricing appropriately​​​
Monitor price fluctuations and variances on key spare parts of your choice, keep track of new competition and have all the answers in a simple report or dashboard
What is the outcome?
-
Identify new suppliers
-
Track market pricing on part family or single item levels
-
Get market overview and price benchmark with cross references
-
Classify both spend and volume
-
Optimize your procurement and spare part inventory
-
Gain better purchase prices and discover your savings potential
-
Online dashboards for easy monitoring and downloads, or as one-time reports
-
Merge duplicates and ensure a continuously cleansed database
