RELEASE: Wacker Neuson Group Selects Syncron as Strategic Aftermarket Pricing Partner

A leading manufacturer of compact and lightweight equipment implements Syncron Price to automate pricing and take advantage of extensive reporting capabilities.

RELEASE: Wacker Neuson Group Selects Syncron as Strategic Aftermarket Pricing Partner

A leading manufacturer of compact and lightweight equipment implements Syncron Price to automate pricing and take advantage of extensive reporting capabilities

MUNICH, Aug. 8, 2023 /PRNewswire/ -- Syncron today announced that the Wacker Neuson Group, a manufacturer of construction equipment and compact machines, has selected Syncron Price to automate the pricing of new spare parts and price changes. and to interact with ERP technologies.

"Our biggest challenge was to move from manual to automated pricing," said Jan Mollerus, Head of After Sales Operations at the Wacker Neuson Group. "Some 7,000 new spare parts and 210,000 price changes are processed manually every year. With Syncron, we have the right partner who supports us in our market-oriented pricing with a high degree of automation and innovative solutions. The very competitive environment Aftermarket pricing allows us to react more quickly to market trends and offer our dealer partners and end customers an even more market-oriented aftermarket pricing model."

Syncron Price is an intelligent parts pricing platform that transforms pricing strategies with a fit-for-purpose solution. With Syncron, organizations like the Wacker Neuson Group can better analyze and respond to changing market conditions.

Pricing optimization software uses current and historical data to inform your pricing decisions and effectively classifies parts as they enter the supply chain. This easy-to-use and customizable solution includes a number of built-in features that allow users to visualize part pricing data through customizable dashboards and generate reports on the fly. By identifying favorable price prospects, Syncron Price facilitates higher profitability throughout the entire supply chain.

"With Syncron's extensive experience in aftermarket pricing, we are confident that the Wacker Neuson Group will not only be able to automate their current manual pricing processes, but will quickly begin to realize the positive impact of this solution across their service organization," said Kimberly Long, director of global value engineering, Syncron.

To learn more about Syncron Price, please visit https://www.syncron.com/price.

About SyncronSyncron helps manufacturers and distributors capitalize on the new service economy by optimizing aftermarket profitability, increasing customer loyalty, and enabling the transition to servitization. Syncron aligns all after-sales services with its Connected Service Experience (CSX) cloud platform, helping companies differentiate through exceptional after-sales experiences while driving significant revenue growth. Trusted by the world's leading brands, Syncron is the world's largest privately owned leader in intelligent service lifecycle management SaaS solutions. For more information, visit syncron.com.

About Wacker Neuson Group The Wacker Neuson Group is an international network of companies that employs around 6,300 people worldwide. In fiscal year 2022, the group obtained revenues of 2,250 million euros. As a leading manufacturer of light and compact equipment, the group offers its customers a broad product portfolio, a wide range of services and an efficient spare parts service. The Wacker Neuson Group is the preferred partner of professional users in construction, gardening, landscaping and agriculture, as well as municipal authorities and companies in sectors such as recycling and rail transport. The product brands Wacker Neuson, Kramer and Weidemann belong to the group.

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