Pricing Process Improvement at the Case Company
Kontio, Krista (2024)
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-202405079781
https://urn.fi/URN:NBN:fi:amk-202405079781
Tiivistelmä
The objective of this study was to develop an Improved Material Pricing Process for the Case Company's Business Line. The Case Company's Business Line has a large amount of variety and complexity in the way material prices are calculated, making it challenging to implement aligned material pricing.
The outcome of the study is the Final Improved Material Pricing Process.
The research was structured into four phases to address the identified business challenge. The initial phase conducted a Current State Analysis uncovering the Strengths and Weaknesses of the Current Pricing Process. The following phase was a literature review to find solutions from established knowledge to address the insights gained from the Current State Analysis. This phase also established the study’s Conceptual Framework. The third phase focused on developing the Initial Improved Material Pricing Process, incorporating feedback from the decision makers. The fourth and culminating phase of the study was validation, where feedback on the initial proposal was sought from key stakeholders. This feedback facilitated the creation of the Final Improved Material Pricing Process.
The Final Improved Material Pricing Process lays a robust foundation for the Case Company's Business Line, enabling the effective integration of an Improved Pricing Process into use. With the Improved Material Pricing Process in place, the process will become more efficient, effectively reducing time consuming bottlenecks. This improvement will free up valuable time and resources across the stakeholder teams, especially within product management, empowering them to focus on the pricing strategies and alignment.
The outcome of the study is the Final Improved Material Pricing Process.
The research was structured into four phases to address the identified business challenge. The initial phase conducted a Current State Analysis uncovering the Strengths and Weaknesses of the Current Pricing Process. The following phase was a literature review to find solutions from established knowledge to address the insights gained from the Current State Analysis. This phase also established the study’s Conceptual Framework. The third phase focused on developing the Initial Improved Material Pricing Process, incorporating feedback from the decision makers. The fourth and culminating phase of the study was validation, where feedback on the initial proposal was sought from key stakeholders. This feedback facilitated the creation of the Final Improved Material Pricing Process.
The Final Improved Material Pricing Process lays a robust foundation for the Case Company's Business Line, enabling the effective integration of an Improved Pricing Process into use. With the Improved Material Pricing Process in place, the process will become more efficient, effectively reducing time consuming bottlenecks. This improvement will free up valuable time and resources across the stakeholder teams, especially within product management, empowering them to focus on the pricing strategies and alignment.