Case Study: Terex Corporation elevates parts pricing profitability with Syncron Price

Terex Corporation speeds price updates with Syncron

Terex Corporation, a global manufacturer of equipment, faced challenges in managing the vast and complex data needed for its parts pricing strategy. Using traditional Excel spreadsheets, the company struggled to visualize item information, sales figures, costs, and price history, making effective pricing optimization across different regions nearly impossible. This led them to seek a solution from vendor Syncron, implementing their Syncron Price product.

By implementing Syncron Price, Terex integrated the solution with its ERP system to gain real-time access to data and powerful analytics. The vendor's solution provided customizable dashboards and detailed pricing logic, which enabled quick, efficient price updates and clear visibility into the impact of pricing decisions. As a result, Terex achieved greater pricing optimization, improved process efficiency, and enhanced the customer experience with regular and fair price adjustments.

Terex Corporation