Putting the brakes on trade spend escalation

Our client came to us as they were seeing their trade spend as a % of sales creeping up year after year. They needed to put the brakes on and get some structure & defensibility back in place.

Who was our client?

A major food manufacturer of well known goods, based in the UK.

Why did they get in touch?

As the business had grown, trade terms & pricing structures had evolved organically, resulting in a great deal of inconsistency between channels and customers. There were no pricing framework or trade terms guidelines in place, and trade spend as a % of sales was creeping up year after year. They needed to create a pricing structure that would be a foundation for future growth.

The Acumen answer:

Seeing clearly

Our analysis revealed historic pricing differences by customer and by brand that were compounded by the lack of a clear investment structure. Few FMCG companies have consistent pricing and terms structures – we saw an opportunity to change that.
Thinking differently

We worked together to build a new list price and trade terms structure. We assessed the scale of change from old world to the new, and the impact by customer. We then presented this for executive sign off.

Working smarter

Successful implementation would depend on the amount of change this meant for customers. We phased the change and supported the team every step of the way from planning to implementation workshops and one-on-one role plays. It was clear that a robust selling story was required; our implementation toolkit left no question unanswered.

Project Numbers

t

The initial implementation step was a success, with the structural changes successfully introduced to customers.

b

We are now working closely with them to make sure they see the benefits of the changes.

c

We will update you shortly...

Project Gallery

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News

Acumen's 2020 Highlights report 

Our 2020 highlights report includes a round up of revenue management news and insights throughout 2020.

Acumen's feature in the 2020 POI TPx Vendor Panorama

Acumen has once again appeared in the POI TPx Vendor Panorama, alongside 22 other vendors.

An interview with Acumen's APAC Team, published with Consultancy Asia

Acumen's APAC team - Andy Bainton and Sarah Stewart - discuss their journey so far in Singapore. 

Events 

Acumen's APAC Event: 'Building your revenue management roadmap in an evolving consumer goods landscape in APAC'

Thursday 27th May, 16:00 SGT

Webinar: Why is revenue management important?
Tuesday 23rd March, 16:00 SGT/ 8:00 GMT

 

To access recordings of past events & webinars, head over to our insights page.

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