Case Study: Hyster-Yale Group optimizes margins with Syncron Price Optimization

Hyster-Yale Group improves margins over internal targets with Syncron

Hyster-Yale Group, a leading manufacturer of lift trucks, sought to digitally transform its parts pricing strategy to improve customer experience and optimize margins. They partnered with Syncron to implement its Syncron Price software, aiming to enhance their pricing methodology with segmentation and improve global pricing alignment and competitive monitoring.

The solution implemented by Syncron provided a cloud-based platform for price optimization and analysis. This led to increased efficiency and consistency in pricing practices for Hyster-Yale. The results included improved profit margins that exceeded internal targets and fewer requests for dealer assistance, allowing the team to focus on more strategic initiatives.

Hyster-Yale Group