Basics and Functionality
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      1. Intuilize Knowledge Base
      2. Price Optimization & Management
      3. Basics and Functionality

      What is Intuilize's pilot program approach and why is it important?

      Exploring Intuilize's methodical pilot program strategy that ensures successful price optimization implementation with minimal business disruption

      Intuilize implements price optimization through a carefully structured pilot program approach. This method allows you to test and validate our solution with a limited set of products and customers before rolling it out company-wide.

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      Pilot Program Components:

      1. Customer and Product Selection: We start by selecting a specific subset of customers and products to include in the pilot. These are typically chosen from the "standard" and "drain" customer segments, which offer the highest potential for margin improvement with minimal risk.
      2. Test Environment Validation: Price recommendations are tested in your sandbox or development environment first to ensure they work properly and are visible to your sales team on the quote or order screen and to address any technical issues before implementation in your production environment.
      3. Salespeople Feedback Loop: We actively encourage your sales team to push back on any pricing recommendations they find questionable. This creates a valuable feedback loop that helps refine the AI model and ensures the pricing strategy aligns with market realities.
      4. Weekly Strategy Sessions: Throughout the pilot, we conduct bi-weekly calls with your team to discuss experiences, address concerns, and make necessary adjustments. These sessions are crucial for identifying roadblocks and fine-tuning the implementation.
      5. Success Measurement: We closely monitor key metrics like gross margin improvement and price adoption rates to quantify the success of the pilot program.

      The pilot program typically runs for about two to three months, giving your team time to adapt to the new system while allowing us to refine our approach based on real-world performance.

      Once the pilot proves successful, we extend the implementation to include more customer segments and product categories in a controlled manner, ensuring a smooth transition and continued success.