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 forecasted award prices (FAPs) for single NSNs at various quantities or for lists of NSNs. AutoPrice™ provides supporting statistical and model data to explain the basis of the FAP.
With AutoPrice™ you can:
- Adjust profit margins to meet your company's needs
- Instantly see all supporting data, including Box and Whisker plots and BLS Graphs
- 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