SoftGuide > Functions / Modules Designation > Market price tracking

Market price tracking

What is meant by Market price tracking?

The term "market price tracking" refers to the process of continuously monitoring and analyzing prices for products or services in the market. This is done to ensure that a company remains competitive and can make informed decisions regarding pricing, procurement strategies, and sales activities. Market price tracking is particularly important in industries where price fluctuations occur frequently, such as retail, commodity trading, or finance.

Typical software functions in the area of "market price tracking":

Examples of "market price tracking":

 

The function / module Market price tracking belongs to:

Projects (project controlling)