Pharma

In a highly competitive market, setting attractive prices is crucial to win customers across different pharmaceutical product categories. This is compounded by the challenge of fluctuating costs, which can make it difficult to determine consistent and profitable prices.

Hou a pharmacy chain accelerated the generation of over 30.000 prices

Aprix’s software delivers significant results in a short time after implementation. Below is a case study of a consumer goods company that is a client of Aprix.

Results

Value

generation with rapid Iimplementation
Features made available throughout the implementation process, generating value and results in the short term.

+1000
hours

of work saved
The analyst team saved over 1000 hours of manual spreadsheet work.

49

automated files
The system generates alerts based on business rules and provides dashboards for performance monitoring at the regional level, guiding analysis.

30k

automated prices
Data from over 20,000 SKUs and 400 stores integrated into the system, considering regional elasticity and competition.

Efficiency in management

With Aprix’s system, the automation of process steps removes obstacles in the tasks performed by the pricing team. Standardization of files and automated data collection shorten the manual execution of the process and reduce the error rate.

Intelligent optimization

Aprix’s algorithms are based on statistical models that favor accurate decision simulation. Automatic checks also speed up decision-making by easily detecting inconsistencies and errors.

Pharmaceutical industry: understanding the pain points

The following pain points were identified in the pricing process of a pharmacy chain:

Difficulties in Decision Making

Reactive pricing with a weak process.

Pricing Efficiency Challenges

Lack of a tool to operationalize price lists, a predominantly slow process susceptible to manual errors.

Limitations in Data Analysis

Lack of price segmentation by store, neglecting one of the main sales factors: regional competition.

Obstacles in Effective Price Analysis

Decentralized information in various spreadsheets and systems made it impossible to consider all available information for decision-making.

 

Turning Challenges into Opportunities

The application of Aprix’s pricing system unifies the company’s databases, allowing automation of steps and making the process more robust. With an improved and efficient flow, opportunities for price optimization with AI are opened up.

Aprix Approach: Aprix’s pricing system optimized decisions by streamlining the process through automation.

Team Empowerment

Generating autonomy for the pricing department in price setting.

Price Optimization

Applying statistical models to increase intelligence in price decision-making and enable granular analysis.

Operational Efficiency

Automate manual tasks, generating analysis capacity for the pricing team.

Do you want to know more?

Understand how Aprix system solves pricing challenges in your company.

Discover all the modules of the Aprix pricing system

The system is divided into modules, adaptable to serve each company according to its specific needs.