Products related to Pricing:
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Intermodal Freight Transport and Logistics
Applying sophisticated management techniques to freight transport offers the potential for significant cost savings as well as greater efficiency.Yet the inherent complexity of intermodal transport presents many challenges. This practical textbook on the operations of intermodal transport and logistics focuses on the practical concerns and the basics of operations, such as vehicles, containers, handling operations, logistics management and optimisation.All chapters are written by field specialists, and the volume includes additional chapters on economics, law and the environment to put the practical topics into context. It presents a balanced textbook for postgraduate students and also a reference text for those in industry or the public sector involved in the planning of intermodal freight transport.
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Excellence in Freight Transport : How to Better Manage Domestic and International Logistics Transport
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Pricing : A Guide to Pricing Decisions
This book on pricing decisions gives practical guidance on how to identify customer value, estimating customers’ willingness to pay for these benefits, and on how psychology affects customers’ perception of prices in a market.This strategic view on pricing gives the reader a competitive advantage.It empowers them with means to plan and perform a pricing strategy based on their value propositions. The target group for this book is managers, entrepreneurs, and business students.The book guides the reader in understanding how economics, strategy, marketing, and psychology are combined when it comes to pricing decisions.Further, the chapters contain step-by-step procedures that help managers and entrepreneurs to succeed with complex pricing decisions in busy workdays.The analysis is based on the basic edition of Microsoft Excel software.In sum, the book helps the reader to strategically plan, execute, and win price competitions.It covers topics such as dynamic pricing, estimation of customers willingness to pay, price competition and wars, customers’ reaction to unfair prices, and price tactics and strategy.The book includes specialized chapters on pricing in e-commerce, and pricing in the sharing economy.
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Air Cargo Management : Air Freight and the Global Supply Chain
This is the third edition of a popular introductory guide to the function and future of the air cargo supply chain, an industry which responded with remarkable efficiency when faced with the challenges and impact of the COVID-19 pandemic.The book reviews the role and strategy of air cargo and its contribution to world trade and international economies.This industry, which accounts for more than 35% of the world’s trade in value, will be even more vital in the coming years.Building on the success of previous editions, Air Cargo Management now puts the emphasis on basic functionality, economics and historical precedents, but most of all it focuses on how traditional legacy methods are being replaced by the adoption of technologies and cloud-based applications – new methods which are changing and streamlining the entire industry.The book reviews the supply chain process and the technology applications as well as the effects of the pandemic and the fundamental lack of cargo capacity hitherto supplied by passenger aircraft.It also explores the increased use of freighter aircraft and the need for faster and more efficient processing, particularly on the ground and in road transport.The third edition features new content on: Security and crime, including pharmaceutical counterfeiting and fraud The role of airports and road feeder services Typical air cargo products, including the heavy-lift sector Regulations and treaties Aircraft in use, historically and currentlyNew technologies The book is illustrated with statistical evidence, examples and photographs and is enriched with comments from industry leaders and experienced professionals.The style and breadth of content are designed to be easily readable and should be of practical interest to anyone either currently working in the logistics, supply chain or transport industries, or contemplating a career in this sector.
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How is pricing determined based on supply and demand?
Pricing is determined based on supply and demand through the interaction of buyers and sellers in the market. When the demand for a product or service increases and the supply remains constant, the price tends to rise as buyers are willing to pay more to secure the limited supply. Conversely, when the supply of a product or service increases and the demand remains constant, the price tends to decrease as sellers compete to attract buyers. Ultimately, the equilibrium price is reached where the quantity demanded equals the quantity supplied, and this is where the market price is determined.
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What is pricing strategy?
Pricing strategy refers to the method a company uses to set the prices of its products or services. It involves analyzing market conditions, competition, and customer demand to determine the most effective pricing approach. Pricing strategy can include various tactics such as cost-plus pricing, value-based pricing, skimming pricing, or penetration pricing. The goal of a pricing strategy is to maximize profits while remaining competitive in the market.
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How does pricing work in a supply monopoly in the economy?
In a supply monopoly, there is only one seller of a particular product or service, giving them significant control over the market. As a result, the monopolist can set the price at a level that maximizes their profits, often leading to higher prices for consumers. This is because there are no competing sellers to drive prices down through competition. The monopolist may also use their market power to limit the quantity of goods or services available, further influencing prices. Overall, pricing in a supply monopoly is determined by the monopolist's ability to control the market and set prices at a level that maximizes their profits.
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What is the pricing flexibility?
Pricing flexibility refers to the ability of a company to adjust the prices of its products or services in response to changes in market conditions, competition, or customer demand. This can include the ability to offer discounts, promotions, or adjust pricing strategies to maximize revenue and profitability. Pricing flexibility is important for businesses to remain competitive and responsive to market dynamics, and it allows them to adapt to changing economic conditions and customer preferences.
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Supply Chain and Logistics Management
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Logistics and Supply Chain Management
Supply chains and the logistics activities that drive them are critical to business success. Logistics and Supply Chain Management has the most up-to-date practical tools to manage the people and processes that allow businesses to gain and maintain competitive advantage through their supply chains.You'll discover how effective development and management of supply chain networks will help businesses cut costs and enhance customer value. The sixth edition of this bestselling book has been completely updated: as well as additional examples and case studies throughout, there are two new chapters covering: The Digital Supply Chain Sourcing and supply management
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Supply Chain Logistics Management ISE
The Sixth Edition of Supply Chain Logistics Management presents Logistics in the context of integration within a firm's Supply Chain Strategy and Operations. The framework of Supply Chain Management is initially presented by creating a foundation for in-depth study of the five logistics operational components in Part Two. Challenges and strategies related to design and operational integration of logistics within a global supply chain are discussed in Part Three.Part Four focuses on administrative challenges related to cross organizational collaboration, performance measurement, and concludes with the challenges of managing risk and achieving sustainability. An essential feature of the overall presentation is the integration of topical materials and examples into the Supply Chain Logistics value creation process.Text materials are supported by study and challenge questions as well as contemporary cases.The presentation integrates the discussion of information technology throughout.Illustrations and examples highlight how firms deal with operational challenges and use logistics performance to gain competitive advantage.
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Pricing Design
Pricing projects can feel tricky, but it doesn't have to be. Dan Mall explains how to earn more, by understanding what goes into a price (and why hourly rates don't work) and what your clients really want-and are willing to pay for. Learn the right questions to ask and when, and ways to turn client requirements into numbers, with a real-world example from Dan's agency. Whether you're running a shop or going solo, this is a book you can't afford to miss.
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What is Apple's pricing strategy?
Apple's pricing strategy is based on a premium pricing model, where they set their prices higher than their competitors to reflect the perceived value of their products. They focus on creating high-quality, innovative products and then price them at a premium to convey a sense of exclusivity and luxury. This strategy helps Apple maintain a strong brand image and allows them to generate higher profit margins. Additionally, Apple also uses a skimming pricing strategy, where they initially set high prices for new products and then gradually lower them over time as the product matures in the market.
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Is this pricing policy fair?
The fairness of the pricing policy depends on various factors such as the cost of production, market demand, and the value provided to the customers. If the pricing policy is based on transparent and reasonable factors, and if it allows for a fair return on investment for the company while providing value to the customers, then it can be considered fair. However, if the pricing policy is based on unfair practices such as price gouging or exploiting customer demand, then it would not be considered fair. Ultimately, fairness is subjective and can vary based on individual perspectives and circumstances.
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How does pricing work in a market with a monopoly on supply?
In a market with a monopoly on supply, the monopolist has the power to set prices without competition. This means that the monopolist can charge higher prices than in a competitive market. The monopolist will typically set prices at a level that maximizes their profits, which may result in higher prices for consumers. Without competition to drive prices down, consumers may have limited options and may have to accept the monopolist's pricing.
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How is pricing determined in markets?
Pricing in markets is determined by the interaction of supply and demand. When the demand for a product or service is high and the supply is limited, the price tends to increase. Conversely, when the supply is high and the demand is low, the price tends to decrease. Additionally, factors such as production costs, competition, and consumer preferences also play a role in determining pricing in markets. Ultimately, pricing is a result of the balance between what consumers are willing to pay and what producers are willing to accept.
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