Software > AutoPrice™
AutoPrice™ helps you make intelligent pricing decisions by predicting what the customer will pay for a part before you submit the quote. AutoPrice™ forecasts the winning award price for an NSN, and it can estimate the probability of winning the award at a range of prices. AutoPrice™ can be customized to fit your pricing needs by providing quotes for single NSNs at various quantities or for bigger lists of NSNs. You can use as little or as much of the supporting statistical and model data as you desire as AutoPrice™ calculates the ideal award prices to help you submit winning solicitations.
With AutoPrice™ you can also:
- Tailor to your company needs by adjusting profit margins
- Instantly see all supporting data, including a Probability Win Graph and a Box and Whisker plot
- View full Procurement History
- Estimate the probability of winning the award at various prices
- Account for shipping and packing cost (get accurate estimates with winShipper™)
AutoPrice™ supports over 100 FSCs and has a vast statistical library that can support other FSCs as requested. AutoPrice™’s accuracy in predicting the winning award price has been tested using actual NSNs, procurement histories, and award prices. 67% of the time, AutoPrice™ accurately predicted the award price within 15% of the actual price.
Pricing Grid and Statistical Data
Probability Win Graph
Box and Whisker Plot