Pricing Management
Bring Greater Transparency to Pricing Changes.
Pricing changes are a routine part of business, but inconsistent communications, missing documentation, and unclear effective dates can create delays, disputes, and unnecessary administrative work.
The SDS Pricing Management Module provides a structured way to communicate, review, and track pricing updates, helping organizations improve transparency, maintain a clear record of changes, and support more efficient commercial relationships.
One Structured Process for Pricing Updates
Maintain pricing communications in a centralized format that can be easily submitted, reviewed, tracked, and referenced across business relationships. Whether communicating a pricing change or evaluating one, SDS provides a consistent process for managing critical pricing information.
Quality Certifications
Effective Dates
Supporting Documentation
Pricing Communications
Historical Pricing Records
Status & Acknowledgments
Improve Pricing Visibility Across Business Relationships
A standardized pricing process helps organizations reduce ambiguity, improve communication, and maintain a reliable record of commercial changes.
Increase Transparency
Provide clear visibility into proposed or communicated pricing changes.
Reduce Disputes
Maintain supporting documentation, dates, and communications in one place.
Improve Consistency
Use a standardized process for submitting and reviewing pricing updates.
Support Faster Reviews
Give stakeholders access to the information needed to evaluate changes efficiently.
Maintain a Clear Audit Trail
Track submissions, updates, acknowledgments, and supporting materials.
Strengthen Collaboration
Create a more transparent process between suppliers, buyers, and commercial teams.
Manage Common Pricing Changes
SDS supports a range of commercial pricing communications and helps organize the supporting information needed for each type of update.
Provide the Information Behind the Change
Pricing updates are more effective when the rationale and supporting information are easy to understand. SDS provides a centralized location for pricing details and evidence.
Pricing Details
- Current Price
- New Price
- Change Percentage
- Effective Date
- Affected Products or Services
- Estimated Commercial Impact
Supporting Information
- Formal Pricing Letters
- Commodity or Market Data
- Cost Analyses
- Contract Documentation
- Freight or Fuel Information
- Other Supporting Materials
Create a Complete Pricing History
Maintain a centralized record of pricing changes over time, providing greater context for commercial discussions, procurement reviews, contract management, and future pricing decisions.
Submission History
Maintain a record of prior pricing updates and communications.
Effective-Date Tracking
See when pricing changes were scheduled to take effect.
Document Repository
Keep supporting documentation associated with the relevant pricing update.
Communication History
Track key pricing communications and acknowledgments.
Change Visibility
Understand the frequency and magnitude of historical pricing changes.
Commercial Context
Provide historical information that supports future pricing discussions.
Support Procurement and Commercial Management
Structured pricing information can support teams across procurement, sourcing, finance, supplier management, sales, and commercial operations.
Why SDS Pricing Management?
Centralize Pricing Communications
Maintain pricing changes, effective dates, and supporting information in one location.
Improve Transparency
Create clearer visibility into the timing, rationale, and impact of pricing changes.
Document RepositoryReduce Administrative Effort
Replace fragmented emails and documents with a standardized process.
Strengthen Pricing Governance
Maintain a consistent record of changes, documentation, and communications.
Support Better Decisions
Give stakeholders the information and history needed to evaluate pricing changes.
Create a More Transparent Pricing Process
Pricing information becomes more valuable when connected with supplier profiles, contracts, organizational hierarchy, compliance records, and other critical supplier information.
The SDS Supplier Information Network helps organizations create a clearer, more consistent, and more collaborative approach to supplier pricing management.