Vistex
Wihuri Rebate and Price Management Case Study
Pages
6
Time to read
3 mins
Publication
Language
English
Pages
6
Time to read
3 mins
Publication
Language
English
This case study details how Wihuri, a Finnish conglomerate, optimized its rebate and price management processes using Vistex Solutions for SAP. Established in 1901, Wihuri faced challenges in the competitive wholesale distribution industry, particularly with low-profit margin agreements and inefficient manual processes. The existing rebate and pricing programs were poorly aligned with budgeting, complicating revenue and profit margin calculations. To address these issues, Wihuri implemented SAP margin optimization solutions by Vistex, which simplified rebate management and improved information flow. The solution enabled better tracking of supplier and customer rebates, facilitating accurate settlements. Additionally, it introduced a profit margin simulation process to determine necessary price levels for future changes. As a result, Wihuri experienced immediate improvements in pricing processes, allowing for precise profit margin predictions and enhanced rebate management. The centralized system reduced manual work and errors, ultimately yielding financial benefits and enabling proactive pricing management.