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Mutualization of Contracts

INHX

PARTY-WISE PRICING

  • Mapping price lists to parties on a timeline: Setup unique one-to-one commercial contracts
  • Once setup both the buyer and seller have a one-common reference point

 

DERIVED PRICING - DISCOUNTED PRICE LISTS

  • Pricing for a party can also be setup as a discount on a list price
  • This is efficient for many business scenarios where the agreed contract is not an absolute price but a price relative to the current price i.e. a discounted price list
  • This reduces the effort to update at time of price revision - as the revised prices are automatically now derived from the new list price
  • Use cases are dealer pricing

 

MANY -TO-ONE-PRICING SCENARIOS

  • Mapping multiple price lists to one party by customer segment etc. on a timeline
  • Scenario: Distributor ordering to replenish stocks based on segments like key accounts, dealers and sub-dealers

 

UNALTERABLE COPY OF CONTRACTS FOR BUYER PROTECTION ON EDITS

  • Since the price lists are controlled by the seller, a copy of agreed price list is maintained which cannot be tampered with
  • The current price lists and any edits in item master can be then validated against this unalterable copy of the price list
  • Changes are accepted by the buyer from time to time to sync the unalterable copy of the contract - which once accepted is updated with most current information

 

HX UPSIDE

  • Ensures that everyday transactions are done seamlessly
  • Assurance of accurately applied pre-agreed terms
  • Defines terms of business clearly and transparently
  • Enables trade partners alignment for stronger working relationship
  • Avoid unnecessary disputes and efforts wasted in damage control