The Logistics industry is in the midst of a pricing war. As competition increases globally and as container shipping capacity continues to outpace demand growth, are you accounting for all the variables impacting your Pricing decisions? Increased pricing transparency and new data sources are creating the opportunity for you and your competitors to earn a competitive advantage by investing in predictive pricing analytics.
When you must take a decrease to win business, how low do you go? What if you could move from reactive pricing to a real-time, data-driven approach? How can you maximize utilization without engaging in the pricing “race to the bottom”?
HOW LOW SHOULD YOU GO?
Practice Area Partner
As a Partner at Revenue Analytics, Michael Bentley manages client relationships and leads engagements with Fortune 500 clients on pricing and Revenue Management strategy, analytics and business process issues.
Imagine empowering your organization with tools that would tell them the market’s response before publishing a rate. This information would give you the confidence to set rates as a market leader: https://t.co/HcJAGLVSHq
Leveraging data is essential for #oceanfreight companies to remain competitive. But, there are two major points to keep in mind when approaching this wealth of information: https://t.co/Sps6mV8PSQ