Pricing and Selling Solutions for the Metals and Mining Industry

Demand volatility, supply chain failures, resource reductions, and price turbulence demand commercial agility for all companies in the metals and mining industry. Digitalize and modernize your pricing and selling processes with Vendavo.

No matter what you offer, where you sell, or the challenges your business faces, Vendavo has solutions for all businesses in the metals and mining industry to grow profits and revenue successfully.

Supply chain impacts

limited availability and high prices of critical fabricated metals due to geopolitical instability are affecting supply and demand across the construction, power and medical sectors

KPMG

60-80%

of parts are not priced adequately to match market conditions and company strategies

Deloitte

Fundamentally shift operations with digitalization

If you’re in metals, mining, or businesses related to the industry, you need to find ways to manage your pricing strategies globally while optimizing guidelines for negotiations – despite inherent complexity.

Easily setting deal and net prices and harmonizing pricing across regions and countries is mission critical for those in the metals and mining sector.

Addressing your business needs with Vendavo allows you to unify your pricing processes, analyze your pricing and sales data better, and drive higher margins despite market disruptions and changing conditions.

Leading Solutions for Common Industry Challenges

Challenges

  • Evolving customer needs require dynamic pricing capabilities
  • Across the product lifecycle, visibility into profitability is lacking
  • Low understanding of customer’s perceived value of combination of products and related services
  • Commercial processes are not efficient for getting optimized, winning prices in front of customers
  • Pricing efficiently and accurately across product offerings is challenging in volatile markets
  • Arduous workflow processes do not provide the proper awareness of low or negative margin transactions
  • Complexity with regulations and rules need workflow, automation, and audit abilities

Challenges

  • Cumbersome commercial processes result in slow approvals and time to quote
  • Parts and services are increasingly being sold online
  • Lack of relevant customer context for deal negotiation
  • Lack of single integrated view of the customer
  • Meeting new, more demanding customer expectations
  • Competitive price pressure is increasing

Challenges

  • The importance of agile pricing and selling processes for the overall profit and revenue of the organization
  • Metals and mining business model evolution as customers demand omnichannel buying options
  • Limited understanding of how to appropriately treat customers, matching value offered to customer willingness to pay
  • Limited profitability and performance visibility across the organization
  • Lack of value chain digitalization
  • Supply and demand disruptions
  • Lack of integrated eCommerce and direct sales commercial process automation

Don’t Take Our Word For It

Ready to Unlock Growth, Revenue and
Profitability in Your Business?

Our metals and mining industry experts are eager to guide you through our discovery process and get you started.