How to Set the Right Prices Despite Rising Inflation

Webinar Date: May 24, 2022
Webinar Time: 12:00 PM ET / 9:00 AM PT

We are currently witnessing the longest-lasting period of global inflation since the 1970s, presenting new and urgent challenges to business leaders.

Despite the uncertain macro-economic environment, Pricing can provide significant opportunities and competitive advantages for firms that are prepared to address the challenge.

We invite you to join us on May 24th at 12:00 PM ET. Join Nicolas Magnette from McKinsey and Sean Geraghty from Syncron as they discuss recent McKinsey pricing/inflation research and demonstrate tactics that have proven themselves in an inflationary environment. In the face of rising inflation, industrial companies need to rethink their approach to pricing.

This webinar will provide the following key takeaways:

  • How to use pricing as an opportunity protect revenue and margins
  • The importance of pricing and procurement teams working together
  • How software can facilitate your pricing process

Presenters:

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Nicolas Magnette

Partner – McKinsey Luxembourg

Nicolas Magnette is a partner in McKinsey's Luxembourg office and focuses exclusively on pricing in B2B industries. He advises clients on pricing strategy, the use of analytics to optimize pricing, and the use of tools and change management approaches to ensure pricing impact. Nicolas serves clients in various sectors, including industrial, mechanical engineering and medical technology.

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Sean Geraghty

Director of Value Engineering – Syncron

Sean Geraghty is a value engineering director at Syncron. He works with customers to apply price analytics and price optimization software solutions across a wide spectrum of industries. Sean holds a Ph.D. in Chemical Engineering and uses math and statistical modeling to help businesses make better data-driven decisions.

About Syncron

Syncron accelerates leading manufacturers and distributors to capitalize on the world’s new service economy. We improve aftermarket business profitability, optimize working capital, increase customer loyalty, and enable our customer’s ability to transition successfully to future service-driven business models.

With our industry-leading investments in AI and ML, Syncron offers the first, innovative, customer-endorsed, and complete end-to-end intelligent Service Lifecycle Management solution portfolio. Syncron’s offer encompasses leadership solutions such as: service parts inventory, price, equipment uptime, warranty, service contract, and field service management.

Delivered on Syncron’s Connected Service Experience (CSX) platform, our solutions offer our customers competitive differentiation through exceptional aftermarket service experiences, while simultaneously driving significant revenue and profit improvements into a manufacture or distributer’s business. It is no secret that the world’s top brands trust Syncron, making it the largest privately-owned global leader in intelligent SLM SaaS solutions.

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