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RackPrice Overview    RackPrice overview

Wholesale and Commercial/Industrial Fuels Pricing

RackPrice is a highly user-configurable pricing framework, consisting of a broad range of functional capabilities designed to support the following B2B fuels pricing processes:

RackPrice has been developed with the knowledge and experience of a range of pricing processes in different countries such that it can be configured, without customization, to suit the specifics of a given local country or market. RackPrice supports the wholesale and commercial/industrial pricing processes by helping fuels marketers set the best possible price for every channel, segment, rack and customer by combining sophisticated analytics and demand modeling with a highly configurable rules-engine. RackPrice automatically generates price recommendations based on up-to-the-minute data and then prioritizes them according to your specific business rules. Wholesale prices will respect the current supply/inventory position as well as taking account of predicted competitor rack prices (where appropriate). Commercial prices will honor contract terms and meet antitrust regulations where necessary. This allows the pricing team to focus their valuable time on critical business decisions as opposed to data manipulation and administration.

RackPrice features:

RackPrice Solution Benefits

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