Your data and analytics need to tell you what to do
Analytics are necessary in almost everything you do, no matter what your initiative or team you’re part of within the company. It’s crucial to constantly be in the loop so you know with certainty that your strategy and what you have set up is working. Simulations and modeling are the guidance that keeps you in predictive mode and gives you the ability to constantly tweak so you reach your business goals. This is a continuously evolving story. Data science and analytics are a continuum. No matter what step you’re on in the revenue maturity model you’re still working with the other steps and adding new layers of competency
Life Sciences companies need to be able to analyze contracts. You operate successfully knowing that the contracts you secure are driving profitability. Additionally, you have multiple rebate programs. Which ones are more effective? Which ones are driving top and bottom-line sales? You need these answers to tell you what to do next.
There are many factors besides just pricing and incentives. 360° visibility to your
data provides answers to questions besides pricing and incentives.
HOW VISTEX SOLVES
1
What are the trends for your products?
Where do they sit in their life cycle?
2
What are the purchasing patterns?
3
Are purchases larger in certain
classifications of products than others?
4
How can we make sure we win the most bids
but at the right price, not just the low price?
5
What is our probability of winning the
bid even if we have the right price?
You also get
answers to these
questions...
