Houston, Texas – June 15, 2006 — PROS,
a world leader in pricing and revenue optimization
science and software, today announced the PROS Product Optimization
Solution. This solution joins the PROS Pricing Solution
Suite and adds an important component to the existing Pricing
Analytics, Deal Manager and Pricing Manager solutions.
“We are excited about the PROS Product Optimization
solution because it will allow our customers to better determine
which products they should have in their product mix to maximize
revenue and profit, “stated Elliott Williams, PROS
Director of Product Management.
The PROS Product Optimization solution provides optimal
product mix to maximize revenue and profit. The major
features include the following:
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Identify the optimal product mix to maximize revenue.
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Identify the optimal product mix to maximize profit.
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Enables companies to improve product mix taking into
account product demand and demand relationships between
products.
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Product Mapping of SKU’s to products and categories.
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Improves the analysis of the product mix at different
levels of aggregation. You can interpret the performance
of a category, product or SKU within the context of the
product mix.
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Advanced Analytics to measure the performance of SKU’s,
products and categories.
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Product Lifecycles
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Growth Opportunities
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Pruning Candidates
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Identify the Cross Elasticities of SKU’s
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Complementary SKU’s
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Cannibalistic SKU’s
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Replacement SKU’s
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What If Analysis
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Product Testing
“PROS Product Optimization Solution strengthens our
long-term customer partnerships and fills a critical need for
them to achieve Pricing Excellence,” said Jeff Robinson,
Vice President of PROS Pricing Solutions.
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Corporate Communications
PROS
info@prospricing.com
713-335-5151