Dealer Listing Monitoring Automation

Background

Trimac is a well-established consumer electronics company known for its innovative products and high-quality standards. As the company continues to expand its product lines and distribution channels, it faces challenges in maintaining consistent pricing across various vendors and retailers. With the increasing competition and the rise of online marketplaces, ensuring that its products are not sold below a certain threshold price is crucial to protect its brand image and profitability.

Trimac is a leading consumer electronics company known for its innovative products and commitment to excellence. As the company expands its product portfolio and distribution channels, it faces challenges in maintaining consistent pricing across various vendors and retail partners. Ensuring compliance with Resale Price Maintenance (RPM) policies is critical to protect the brand image and profitability of Trimac.

Process Story

Here are the critical steps involved in Trimacs' RPM process generation and implementation flow. Additionally, other processes within the organization can be leveraged using the IntelliBuddies platform for enhanced policy-driven execution.

Solution

IntelliBuddies AI-driven Rapid Digital Automation platform offers a comprehensive solution to address Trimacs' needs for monitoring predefined SKUs and enforcing Resale Price Maintenance (RPM) policies. Leveraging advanced AI and ML technologies, IntelliBuddies automates the process of tracking vendors' pricing practices, generating detailed reports, and issuing notifications in real-time. Below are the key features and functionalities of IntelliBuddies in handling the Dealer Listing Monitoring process for Trimac:

1. Predefined SKU Monitoring:

   IntelliBuddies allows Trimac to input a list of predefined SKUs that need to be monitored for price compliance. The platform continuously scans various online marketplaces, e-commerce websites, and retail platforms to identify vendors selling these SKUs.

2. Threshold Price Limit Enforcement:

   IntelliBuddies automatically compares the prices offered by vendors against the threshold price limit set by Trimac. Any instance of a vendor selling the product below the specified price triggers an alert within the platform.

3. AI-Powered Price Analysis:

   Using AI and ML algorithms, IntelliBuddies analyzes pricing trends, competitor prices, and market dynamics to provide insights into the factors influencing pricing decisions. This analysis helps Trimac make informed decisions about adjusting their pricing strategies.

4. Real-Time Reporting:

   IntelliBuddies generates comprehensive reports in real-time, documenting instances of price violations, along with screenshots of the product listings and pricing details. These reports are customizable and can be exported in Word document format for easy review and sharing.

5. Notification and Escalation Mechanism:

   Upon detecting a price violation, IntelliBuddies sends instant notifications to the designated stakeholders within Trimac, including pricing managers, sales teams, and finance departments. The platform also supports escalation workflows to ensure timely resolution of any pricing discrepancies.

6. Historical Data Analysis:

   IntelliBuddies archives historical pricing data for each SKU and vendor, allowing Trimac to conduct retrospective analysis and identify patterns or trends in pricing behavior over time. This historical data can be valuable for evaluating the effectiveness of pricing strategies and detecting potential patterns of non-compliance.

7. Integration Capabilities:

   IntelliBuddies seamlessly integrates with Trimac' existing systems, such as ERP, CRM, and e-commerce platforms, to streamline data exchange and enhance cross-functional collaboration. This integration ensures that pricing data is synchronized across all business processes and systems.