Omnia Retail
Philips Case Study 2024
Summary
Philips, a global healthcare technology leader, partnered with Omnia Retail to automate and harmonize its pricing strategy across D2C channels in over 20 countries, aiming for increased sales, pricing...
Value Drivers
Challenges
- Manual effort required to collect market prices and adjust pricing, resulting in infrequent price changes.
- Lack of real-time visibility into operations
- Difficulty in scaling current infrastructure
- High operational costs due to legacy systems
3 more challenges available
Solutions
- Implementation of Omnia's automated pricing platform across 20 countries and 3 continents.
- Deployed real-time monitoring and analytics platform
- Migrated to cloud-based scalable infrastructure
- Modernized legacy systems with new technology stack
3 more solutions available
Outcomes
- Time spent on manual pricing work minimized.
- Achieved 24/7 real-time visibility and monitoring
- Successfully scaled operations to support 3x growth
- Decreased operational costs by 40% annually
- Improved data accuracy and accessibility by 85%
4 more outcomes available
Products
Software
Omnia
A pricing automation and management platform enabling data-driven, automated, and standardized pricing across multiple markets.
Target Organization
Philips
Description: A leading global healthcare technology company focused on improving health outcomes and expanding direct-to-consumer (D2C) channels.
Industry:Healthcare Technology, Consumer Electronics