Disclosed is a market-based software system that will help user-retailers manage price and inventories more effectively. The system will take advantage of available price and sales data to provide pricing recommendations that will achieve a retail user's objectives. The system will offer a solution that will allow for pricing improvement shortly after installation by utilizing data that is readily available. The system will recommend price changes that help a user achieve specified objectives such as contribution, sales volume, desired margins, and the like. The system can also collect and process price and sales data on an ongoing basis, which can enable improved estimates of customer price sensitivity and performance on a category-by-category basis. This data can be used to improve further pricing decisions.

Market-based price optimization system

A method and system for computing the price for shipping goods. The method includes causing a computer to deliver first information to a user prompting the user to enter at the computer information about a rail transportation service for shipment of goods by one or more railcars. Information about a basic pool of railcars is received and filtered based on one or more filtering criteria to produce a filtered pool of railcars. The computer is then caused to deliver second information to the user prompting the user to select at the computer one or more railcars among the filtered pool of railcars for the shipment of goods. A price for the shipment of the goods is then computed at least in part on the basis of the rail transportation service and the one or more characteristics of the railcars in the filtered pool of railcars selected by the user.

System and method for providing a price quotation for a transportation service providing equipment selection capability

A price management system that is capable of automatically or manually determining price adjustments based on current competitor pricing, retail site sales and other price related factors, such as cost of the product, freight charges, state and federal laws and state and federal taxes. Once price adjustments are determined they are able to be instantaneously and automatically implemented at the point of sale. In one of the most relevant applications, retail automotive fuel pricing, the system is able to automatically adjust and display prices on the fuel pumps as well as the advertising signs in the vicinity of the retail site. This system and methods provide for a comprehensive and efficient means of determining price adjustments and implementing the price adjustments in real-time fashion at the point-of-sale.

Automated price management system

Generating an optimized pricing plan includes accessing a hierarchy comprising a sequence of levels, where each level includes an objective function and a set of constraints associated with the objective function. A mathematical programming model representing a pricing plan problem is determined for an item group comprising items. The following is repeated for each level of the sequence of levels: selecting a level comprising an objective function and a set of constraints associated with the objective function, determining an optimized boundary for the objective function, and adding a constraint generated from the optimized boundary to the set of constraints of a next level. An objective function of a last level of the sequence is optimized subject to the set of constraints associated with the objective function to yield an optimized result. An optimized pricing plan is generated in accordance with the optimized result.

Generating an optimized pricing plan

System and method for service pricing optimization enables analysis of multi-phased, multi-business unit, multi-process, multi-geo/country deal structure with its parts and phases having different pricing implications, and provides a flexible composite pricing schedule optimized for both service provider and receiver by gain and risk sharing. In one aspect, elementary pricing models and pricing parameters are established and a composite pricing model is constructed based on the elementary pricing models and pricing parameters. An optimizer optimizes the composite pricing model to minimize risk and maximize one or more selected criteria. Price is generated using the optimized composite pricing model.

System and method for composite pricing of services to provide optimal bill schedule

A computer system and method for dynamic pricing is described. The system includes at least one dynamic calculator, which performs calculations based upon conditional rules.

Joshua S. Spiewak

Papers

Method and system for dynamic pricing