The manufacturing sector is recovering from the downturn of the past few years, and Deloitte expects accelerated growth for the industry in 2023. But manufacturers still face several challenges, including the ongoing labor shortage and a fragmented supply chain. Both threaten profitability, even as revenues increase.
Manufacturing cost reduction strategies are critical for businesses to realize the full potential of this year’s opportunities. Manufacturers have little control over talent availability or the costs of raw materials, so they need to focus on eliminating inefficiencies across every part of their operation, well beyond automating production. For specialty manufacturers, cost reduction could be as simple as investing in and implementing the latest generation of sales software.
Configure, Price, Quote (CPQ) is a sales automation platform that streamlines the entire process of customizing orders and generating customer quotes. It combines catalogs, price calculators, and quote document generation into a single platform that puts more control into the customers’ hands, freeing up valuable time and resources for sales teams and engineering departments. Here’s how implementing this one solution can lead to significant savings:
CPQ software improves efficiency at every stage of the configuration, pricing, and quoting process, adding up to incredible time savings. With manual processes, generating a quote can take days to weeks. But with all of these automations in place, the time it takes for a customer to receive a quote is reduced to a day, a few hours, or even less. In today’s competitive marketplace, being the first manufacturer to provide a quote to a customer can be the only factor in whether or not you win their business.
To realize the full benefits of CPQ, manufacturers need a robust platform that’s fully customizable to their business’s needs. Configure One Cloud from Revalize easily integrates with operations for frictionless implementation and fast deployability. Users can recoup investment in a fraction of the time of other
CPQ solutions.
Configure One Cloud has a track record of dramatically reducing errors from the quoting process. The
convenient portal allows sales to process a higher volume of quotes in less time and effort. Configure One Cloud customers report an increase in overall sales volume by as much as 135% after switching to the platform.
Want to experience a leading-edge CPQ solution?
Get in touch with our team to schedule a free product demo.
TENADO GmbH
Vierhausstraße 112
44807 Bochum
Germany