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Industry · OILFIELD SERVICESFunction · Finance
UC-587

Improve One Part, One Price to protect margin and reduce cost

Fills the Stock view: one specification, the numbers that describe it, and the price on each.

TBDBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
XXXXValue

The Challenge

The opportunity is to eliminate One spec, two price books, quoting against yourself, and discount with no named approver. The proposed workflow is source-linked, but the current operating baseline and financial value remain illustrative until validated with the client.

How It Works

  • The engine reads the item master or masters, the drawings, the specifications and every quote and invoice line, and clusters part numbers that describe the same thing.
  • For each cluster it shows the price spread by customer, region and channel, and the margin behind it.
  • It proposes one master number and one price band.

What It Removes

  • One spec, two price books
  • Quoting against yourself
  • Discount with no named approver
Input Data RequirementsQuotes, estimates, contracts, cost history, labour and material rates, actuals and win-loss outcomes
Output FormatDashboard showing one specification, the numbers that describe it, and the price on each.
“Before I quote, I can see every number that describes the same sub, and the price on each.”
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