LexiaStudio: TPM
Trade Promotion
Management
LexiaStudio Trade Promotion Management (TPM) module is designed for companies operating within the consumer goods sales cycle. With its highly configurable approval flows, the TPM operating system supports annual planning, accounting, & budgeting of prices, trade terms and promotions.
Built for complex distribution environments
LexiaStudio is built for brands that operate with an indirect customer base. On average, our clients manage between 10,000 to 250,000 indirect customers across up to 200 distributors at any one time. When markets are fragmented across a mix of direct and indirect distribution, trade spend quickly becomes difficult to track, control, and evaluate.
LexiaStudio was designed specifically for this environment. It integrates with your ERP and Distributor Management Systems to give your commercial team full visibility and control, replacing manual processes with a single end-to-end system.
When to consider LexiaStudio?
- More than US$10m in trade spend
- A significant part of sales in traditional trade
- Promotions are managed in Excel
- No automated pre- and post-evaluation
- Accrual balance is not linked to individual promotions
- Claim management is cumbersome and error prone
Main Components
- Account planning and budgeting
- Activity/Price planning, volume forecasting, financial evaluation and approval
- Execution of activities
- Claim settlement and payment
- Accounting and accruals
- Evaluation and integration with BI
Key Features of
LexiaStudio TPM
- 1. Budget Control
- 2. Promotional Planning
- 3. Execution of activities
- 4. Claim settlement and payment
- 5. Accounting and accruals
- 6. Evaluation and integration with BI
- Enter annual budget.
- Link promotions to annual budgets.
- Monitor annual budget utilisation.
- Create Customer Communication Form.
- Automate system interfaces to ERP, DMS.
- External customer portal.
- Match claims to promotions.
- Estimate claim amounts.
- Generate claim postings to ERP.
- External customer portal.
- Accrue and reverse promotions
during month end. - Report balance sheet positions.
- Look up actual sales and costs for promotions.
- Post evaluate promotions.
- Hold repository of all historical promotions.
- Estimate promotional budget.
- Pre-evaluate promotions.
- Plan demand based on promo
incremental activity.
Benefits
- Full control over Trade Spend.
- Ensure consistency across your markets.
- Caters to complex routes to market, direct, indirect, or a combination of the two.
- Unlimited revisions of budgets, activities and claims with detail tracking of all changes made.
- Workflow automation and full integration with ERP & DMS saving weeks of administrative work.
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