Syncron Price

What Syncron Price is

Syncron Price is a web-based cloud platform for manufacturers, dealers, and suppliers managing aftermarket parts prices. It automates pricing workflows for spare parts across locations, configurations, and supported equipment models in an installed base. Teams can use cost-plus, value-based, or competitor-based pricing, with pricing logic and approval workflows for managing changes. AI-powered segmentation groups parts and customers by behavior and market dynamics to help identify opportunities. Analytics cover competitive analysis, price-volume mix, discount and elasticity analysis, and pricing simulations; the product also offers price recommendations and scenario modeling. Syncron says its service parts pricing solution integrates with its Service Parts Planning and Warranty Management products, using stocking and claims data to inform pricing. Terex reports integrating Syncron Price with its ERP system for access to current data and price updates. Syncron states that its information security management system is certified to ISO 27001 and ISO 27017 and has SOC 2 Type 2 certification. Standard Support is listed as available 24/5 with a two-hour initial response time; Enterprise Support is available 24/7 with a 30-minute initial response time. Pricing is on request.