Houston, Texas – April 14, 2005—  PROS, the industry-leading provider of Pricing Analytics and Optimization solutions, today announced that they have closed contracts with two Fortune 100 Consumer Products customers in 1Q05.  PROS solution will help these companies not only with how to price thousands of SKUs at retail, but also with inventory management, pricing strategy, supply chain, and optimization of the product planning process.

”Pricing technology is the quickest and most effective way to increase revenues” said Jeff Robinson, Vice President of PROS Pricing Solutions Group. “PROS is the only solution that can scale to the needs of Fortune 1000 customers; we have the experience, the product, the delivery capability, and the technical ability that you need to manage thousands of SKUs in multiple locations.”

PROS announced that they are providing solutions for these two Fortune 100 companies to manage over 100,000 SKUs in hundreds of locations.  Without the PROS solution, companies make costly mistakes in pricing and forecasting that not only affects their profits, but can also impact brand loyalty.  The PROS pricing solutions, using advanced scientific analytics and optimization technology, allow consumer products companies to quantitatively manage every SKU in every location.  PROS customers will be able to understand which products are underperforming, where prices can be raised to increase profits without sacrificing brand loyalty or customer satisfaction, or whether cannibalization between products is occurring.

PROS has established itself as the global leader in pricing analytics and optimization solutions across manufacturing, petroleum, distribution, financial services, CPG, healthcare, travel, transportation and now consumer product segments. PROS pricing analytics and optimization solutions help retailers create sustainable competitive advantage without sacrificing profitability and have consistently proven to generate a positive return on investment in less than 12 months.

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Corporate Communications
PROS
info@prospricing.com
713-335-5151