Automated spare parts pricing increases margin by €1.3M
How a plant manufacturer with over 40,000 spare parts digitized its pricing – and achieved measurable results in just weeks.
Request DemoThe Company
Industry
Mechanical & Plant Engineering
Portfolio
40,000 active spare parts
> 1M long-tail items
Revenue
~€300M
Pricing Team
1.2 FTE
+3.7%
average price effect
+€1.3M
additional annual margin
Pricing rounds
reduced from weeks to hours
Complex spare parts portfolio – limited pricing resources
What impact does the right price have on the margin of a plant manufacturer with over 40,000 active spare parts and more than one million long-tail items? Until now, pricing was managed manually – with limited resources, long cycles and no data-driven decision basis.
The mid-sized plant manufacturer faced a typical challenge: increasing complexity and a growing portfolio, but the pricing team with only 1.2 FTE could not systematically manage price maintenance for thousands of items. Pricing rounds dragged on for weeks, strategic price differentiation fell by the wayside.
We needed a scalable pricing system for over 40,000 spare parts – that automates our pricing decisions.
Head of After Sales
Plant Manufacturer
Multi-Method Pricing with nueprice
An end-to-end approach that combines different pricing methods. The right strategy for every spare part – automated and scalable.
Analysis
Create transparency about current price structures and competitive position
Price Structure
Cluster spare parts into price families and assign methods
Automation
Establish rule-based pricing for the entire portfolio
Measurable Results
Immediately after go-live, the company achieved significant improvements across all relevant pricing KPIs.
+3.7%
average price effect
+€1.3M
additional annual margin
Pricing rounds
reduced from weeks to hours
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