The article suggests that as the markets become more open, there are administrative difficulties resulting directly from the sheer scale and volume of individual quotations and deals conducted between operators. This can be a significant burden on businesses if working practices are not amended. Automation is therefore playing a much more significant role in the pricing market. The need to develop highly functional carrier partnerships is where some carriers break down. Lodge believes that many are struggling within the current system. “Most organizations don’t have the resources to be able to deal with the vast number of suppliers out there. For simplicity’s sake, they negotiate with a small number of suppliers, which then negotiate with their suppliers. You create this multi-tiered delivery mechanism.”
Global Capacity is a firm believer in automation; the company’s One Marketplace Access Exchange provides an automated pricing tool to ease the process generating rates from global
Automation allows telcos to handle very large volumes of information and to implement changes in pricing strategies very quickly and easily.
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To read the article, go here: http://www.capacitymagazine.com/Article/2919311/Pricing-principles.html