B2B Price Management using Price Waterfall Model and Business Intelligence solution

Journal Title: Annals of Computer Science and Information Systems - Year 2018, Vol 17, Issue

Abstract

The price setting and negotiation process in the B2B field is a complex process that requires a solid methodology and usually also advanced IT tools to make the process as efficient as possible. The Price Waterfall model is a flexible tool that allows for making the final price determination and revenue creation task much more manageable. In this paper, we introduce a software solution which integrates functionalities of a standard Business Intelligence system with a methodology given by the idea of the Price Waterfall model. The tool is designed as a dedicated decision-making support tool, with a complex internal workflow that should be applied within the price and revenue management process, to induce profitability of the whole business through informed decisions.

Authors and Affiliations

Krzysztof Senczyna, Radek Němec

Keywords

Related Articles

From Building Corpora for Recognizing Faceted Entailment to Recognizing Relational Entailment

Recognizing textual entailment (RTE) became a well established and widely studied task. Partial textual entailment -- and faceted textual entailment in particular -- belong to tasks that are derived from RTE. Although th...

Unintended effects of dependencies in source code on the flexibility of IT in organizations

This study links business requirements and adaptability of existing software systems. Organizations expect flexibility of IT with regard to business requirements. We hypothesize that the flexibility of business requireme...

An Efficient Load Balancing Algorithms in Stream Processing With the Cloud Computing Environment

Fog personal computers is definitely correctly buzzword that is receiving, it provides firms zīmju base might be coming availability specialist knowledge. Impair price serve should you have of superiorities in studying t...

A study of Optimal Testing Resource Allocation Problem for Modular Software with Change Point

For evolving trustworthy software, engrossing on uncovering process of fault in software is central. Nevertheless, during testing, modifications in the testing routine, defect gravity or testing-skill maturity and workin...

Estimation of Student Understandings from Pulse Wave Changes Caused by Load in Preparatory

We propose a method to estimate whether student hold knowledge on the contents and tasks of the class, using cognitive load and mental load. We estimate the cognitive load of the student using a pulse wave and the pulse...

Download PDF file
  • EP ID EP567965
  • DOI 10.15439/2018F209
  • Views 99
  • Downloads 0

How To Cite

Krzysztof Senczyna, Radek Němec (2018). B2B Price Management using Price Waterfall Model and Business Intelligence solution. Annals of Computer Science and Information Systems, 17(), 179-185. https://europub.co.uk/articles/-A-567965