pricing unit

The Pricing Unit is an organizationally independent department within a company that is responsible for and bundles pricing expertise.

Especially medium-sized companies and corporations have such pricing units, which often consist of pricing managers who explicitly and comprehensively deal with all topics of price management. In addition to bundling and processing of information, the control of company-wide pricing processes also plays an important role. The managers working in the pricing unit share their knowledge with specific functions or serve as experts in other areas. An independent pricing unit within the company ensures that all process steps and levels are decisively taken into account and stresses the particular relevance of price management within the entire company to other departments.