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Winning the race with inflation: The pricing opportunity for industrial companies

Winning the race with inflation: The pricing opportunity for industrial companies

The document "Winning the Race with Inflation: The Pricing Opportunity for Industrial Companies" discusses how industrial companies can address the challenges posed by inflation, particularly the rising costs of raw materials. It emphasizes the importance of coordinated pricing and procurement strategies to prevent margin leakage. The report suggests using tools like attribute-based pricing and value-based pricing to align prices with product value. By improving discount structures, managing change orders, and enhancing data analytics, companies can protect margins and capitalize on pricing opportunities in a volatile market.

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