Smarter Supplier Price Change Management.
PriceDrift® by SDS is being built to give buyers and suppliers a structured, collaborative way to submit, review, approve, and track supplier pricing changes.
From fragmented pricing requests to one governed process.
Submit
Structured supplier price change requests
Review
Consistent buyer evaluation and collaboration
Decide
Governed approvals with a complete audit trail
The Challenge
Pricing changes are too important to manage through email and spreadsheets.
Supplier price change requests often move through disconnected emails, attachments, spreadsheets, and manual approvals. That makes it difficult for buyers and suppliers to maintain visibility, consistency, and accountability.
Fragmented Communication
Pricing requests can be distributed across inboxes, files, and individual stakeholders.
Inconsistent Approvals
Different categories, business units, and suppliers may follow different review processes.
Limited Visibility
Buyers and suppliers may lack a clear view of request status, history, and next steps.
Weak Auditability
Reconstructing why a price change was approved can require searching through historical communications.
The PriceDrift® Approach
One structured workflow for supplier pricing changes.
PriceDrift® is being designed to bring pricing requests, supporting information, buyer review, collaboration, and approvals together in one governed process.
Structured Price Requests
Suppliers can submit proposed pricing changes with effective dates, current and proposed pricing, supporting documents, and business justification.
Buyer Review Workflows
Organizations can create consistent review and approval processes based on their commercial and governance requirements.
Centralized Collaboration
Buyers and suppliers may lack a clear view of request status, history, and next steps.
Complete Change History
Maintain visibility into submissions, revisions, approvals, rejections, comments, documentation, and effective dates.
Pricing Visibility
Give authorized stakeholders a clearer view of pending, approved, rejected, and historical supplier pricing changes.
Future Pricing Intelligence
Future capabilities may include price trend analysis, market insights, benchmarking, forecasting, and AI-assisted review.