Using True Net Cost (TNC) Analysis to Set & Measure Everyday Low Pricing (EDLP)

Presented by

Jin Ro, Chief Analytics Officer, PRGX and Mark Irwin, VP - Audit Services, PRGX

About this talk

Retailers in some regions are faced with establishing Everyday Low Pricing targets and then measuring the effectiveness of the strategy. In order to effectively set these targets and make any needed adjustments, retailers need to be armed with the right information. In this webinar, attendees will learn how TNC analysis can assist by providing data related to products/categories as well as information to assist in negotiating with suppliers to establish the best pricing and margin targets.

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PRGX helps companies spot value in their source-to-pay processes that other sophisticated solutions didn’t get to before. Having identified more than 300 common points of leakage, we help companies reach wider, dig deeper, and act faster to get more value out of their source-to-pay data. We pioneered this industry nearly 50 years ago, and today we help clients in more than 30 countries take back $1.2 billion in annual cash flow. It’s why 75% of top global retailers and a third of the largest companies in the Fortune 500 rely on us. For additional information on PRGX, please visit www.prgx.com.