Parsippany, N.J.—March 27, 2012—Price management solutions provider Vistaar Technologies Inc. now offers version 1.5 of its Distributor Price Management solution for beverage alcohol companies.
Vistaar Distributor Price Management is a one-stop solution for mid-market beverage alcohol companies looking to better manage their price structures to reduce margin leaks, improve profitability and comply with state laws.
Vistaar’ Distributor Price Management “packaged solution optimizes pricing across complex value chains while ensuring compliance with the unique state laws that govern the distribution and sale of alcoholic beverages across the United States,” confirmed Manoj Menon, Vice President of Product Management for Vistaar. “This latest release provides even mid-market beverage alcohol companies access to advanced pricing technology based on industry best practices at an affordable price.”
The new version optimizes the three-tier pricing structure from retail shelf price to FOB;proactively and intelligently manages margins; analyzes gross profit through reporting, including leveraging weighted average models; and downstreams integration to enterprise systems for FOB, list price, discounts and price support.
Vistaar customers currently deploying the system include VBeam Inc., Pernod Ricard USA and The Sazerac Co.