AI to help you guide your pricing decisions
Data Alignment
Identification
Pinpointing the right data for alignment.
Translation
Transforming data in one common format for seamless integration.
Anomaly Detection
Spotting the outliers to keep your data in line.
Model Deployment
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Enrich
Enrich the integrated dataset with custom features.
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Algorithm
Uncover valuable patterns and hidden trends.
Insights
- Price and non-price factors impact on pricing trend.
- Examination of how prices decrease over time.
- Analysis of the relationship between volumes, prices, availability, and qualitative factors
Learnings
- Continuously learn from real-time award data to adapt pricing strategies
- Employ transfer learning to leverage insights from similar products or markets
- Incorporate active learning to strategically gather valuable pricing data
Pricing co-pilot
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Key Outcomes
Customer Achievements
Continuously learn from real-time award data to adapt pricing strategies. Employ transfer learning to leverage insights from similar products or markets. Incorporate active learning to strategically gather valuable pricing data
| Bidding Team | + Vamstar Pricing Co-Pilot |
|---|---|
| Predicted Win Rate (%) | 83% |
| Margin Improvement Compared to Baseline (%) | 36% |
| Revenue Earned Out (%) | 63% |
Transforming Pricing
With AI
This white paper examines Vamstar’s AI-driven Pricing Co-Pilot’s transformative impact on the generics pharmaceutical industry. In an increasingly competitive and complex regulatory environment, traditional pricing strategies fall short.
The Pricing Co-Pilot utilises advanced AI technologies to create data-driven pricing strategies that enhance profitability and competitive advantage. Through analysis and case studies, we demonstrate how AI optimises pricing decisions, improves operational efficiencies, and drives significant revenue growth, enabling companies to thrive in today’s challenging market.
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Maximise your organisation’s potential today
Our team is available to explore your pricing challenges and demonstrate how Vamstar’s solutions can significantly enhance your bottom line. Schedule a session today to discover more.
Why choose Vamstar?
In the face of inflation, shortages, and increased demand for value-based healthcare, Vamstar’s AI-powered platform stands out by providing comprehensive data orchestration, analytics, and intelligence for MedTech and Pharmaceuticals, enhancing market visibility and price optimisation to meet industry needs and drive commercial efficiency through streamlining operations, offering in-depth supply chain insights, and automating processes for competitive success.
