• The implementation of AI - powered Pricing
by PROS Software made it easier to offer
accurate, dynamic pricing for multiple
sales channels.
• PROS implemented our Real - Time
Pricing Engine (RTPE) to produce reliable
pricing much faster than the company's
previous solution.
• Using PROS machine learning algorithms
made it possible to identify selling
opportunities and spot the signs of attrition.
This Fortune 500 Distribution company
was looking for a modern, dynamic pricing
solution to enable uniform pricing across
a product catalog of nearly 2 million
distinct SKUs.
• The company's on - premise pricing solution
was outdated and had low user adoption
among sales reps, who were overriding
pricing guidance 60 - 70% of the time.
• The legacy platform was inflexible and
expensive to refresh, meaning they couldn't
adapt quickly to market factors like
changing costs and supply chain volatility.
• The company was constantly trying to keep
up with fluctuating product costs
throughout their 300 branches and across
unique special price agreements (SPAs).
Before With PROS Outcome
A I - po w ered Pricing by PRO S Pro fita ble gro w th
Increased sales
By setting pricings according to pricing
guidance recommendations, the company
has optimized nearly $7.2B in revenue.
Improved sales team adoption
The sales team's attitude toward
pricing solutions shifted significantly,
resulting in a 32% increase in usage on
implementation of AI - powered Pricing.
Significant margin uplift
The company has seen a
120 - point growth since going
live with PROS.
How switching pricing solutions helped a
Fortune 500 Distribution company optimize
$7.2B in revenue
Company description:
Materials, components, and
equipment distributor, and
supply chain management
Website:
Headquarters:
Number of employees:
5,000 - 10,000
Founded:
Industry: Distribution
Revenue:
