European Pricing Platform Hosted its 1st Pricing and Profit Optimization forum for the Chemical Industry.

The European Pricing Platform (EPP) together with PROS as the premium sponsor held their 1st Pricing and Profit Optimization Forum on chemicals for chemical market leading Pricing Practitioners. This forum, which was held at Stockholm, brought pricing practitioners, industrial leaders and innovators together to discuss the latest developments in the pricing and profit optimization area.

During this forum, top-organizations as Bayer Cropscience, BASF, Preem AB, OMV, Dupont, Dow Corning, etcetera shared exceptionally their pricing know-how and best practices. In addition to learn from each other, there were plenty of networking opportunities, breakout sessions and discussions.

This two day event was a great opportunity for the development of Pricing and Profit Optimization know-how and will be organized again next year due to the great success.
“Thank you very much for inviting me to this forum! I got some interesting ideas about pricing and the confirmation that we are going in the correct direction.” said Weiran Lu, ECO Pricing Manager for BASF.

“Thanks a lot for a very interesting conference this week in Stockholm, with inspiring presentations and valuable learnings.” said Andreas Nilsson, Product Manager for Perstorp AB.

“It was a very inspiring forum, which clearly exceeded my expectations”. said Ingo Hennecke, Pricing and Rebates Manager for Bayer CropScience Aktiengesellschaft.

To find out more on future forums, please contact Leen Dhaens at leen.dhaens@pricingplatform.eu. For more information on the European Pricing Platform, visit www.pricingplatform.eu

About EPP 
European Pricing Platform is a ‘Not-for-Profit’ knowledge sharing place focused to support business management, pricing and profit optimization professionals and CxO-level executives in Europe over a variety of industries and sectors. Our target is to update the pricing and Profit Optimization know-how of the business manager. Our mission is to be the on- and offline pricing media for international decision makers in a wide range of industries. The interactive sharing, collecting and development of pricing and profit optimization knowledge are the key elements of our platform. To learn more visit: www.pricingplatform.eu  

About PROS 
PROS Holdings, IncPRO -0.11% is a leading provider of prescriptive pricing and revenue management software for companies in the manufacturing, distribution, services and travel industries. PROS gives customers far greater confidence and agility in their pricing strategies by providing data-driven insights into transaction profitability, forecasting demand, recommending optimal prices for each product and deal, and streamlining pricing processes with enhanced controls and compliance. With more than $465 billion in revenues under management, PROS has implemented more than 500 solutions in more than 50 countries. The PROS team comprises more than 500 professionals, including 100 with advanced degrees and 25 with Ph.D.s. To learn more, visit www.prospricing.com.

Survey - Twelve Pricing and Profitability Challenges for Life Science Companies – in collaboration with Deloitte

On the Pricing & Profit Optimization Forum on Life Sciences (May 2012) the participants have filled out a survey and now you can see the results on our Participant Only zone of the EPP portal site: http://www.pricingplatform.eu/know-how-center/virtual-library/white-papers.html

In the race to become market leaders, companies have been increasingly prioritizing market share over margin. Without a willingness to truly meet customers’ expectations and without an understanding of their loyalty drivers, a value-based pricing principle cannot be realised.

Our pricing survey highlights 12 challenges on pricing and profitability which life science companies need to address in order to remain competitive.