Daniel Rueda

Founder & CEO at Open Pricer

Daniel Rueda has a diverse work experience spanning several decades. Daniel started their career as the Revenue Management Project Director at Air France in 1983 and held this position until 1990. Daniel then founded and served as the CEO of Optims from 1990 until 2000. Following this, they established another company called Open Pricer in 2000, where they currently hold the position of Founder and CEO.

Daniel Rueda attended CentraleSupélec from 1978 to 1981, studying Engineering. From 1982 to 1983, they attended Institut d'Etudes Politiques (Paris) and focused on Economics and Finance. Prior to that, they studied Mathematics at Lycée Saint Louis (Paris) from 1976 to 1978.

Location

Paris, France

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Open Pricer

PRICE OPTIMISATION AS A SERVICE Open Pricer provides price optimisation as a service for parcel networks, e-commerce, freight networks, travel, smart mobility, financial services and more. Our cloud pricing platform connects to the enterprise information system (ERP, CRM, TMS, etc) and continuously gathers all relevant pricing decision-support data​: sale transactions, customer profiles, costs and capacity utilisation, requests for quote, conversion, attrition. This data can be enriched with external public information (predictors of demand and competitive prices). Then it applies AI algorithms to produce optimised prices for every transaction or contract in real time. VALUE PROPOSITION Pricing decisions are complex. They rely on multiple factors driving costs and customer willingness to pay and they imply lots of calculations. Companies make millions of such pricing decisions per year that have a critical impact on their business performance. However, due to time constraints and lack of data and tools, only a fraction of these decisions can be screened by pricing analysts, resulting in profit leakage. Two business and technology trends make price optimisation indispensable: - Digital Markets: more and more customers are willing to buy and contract online. This requires instant pricing capability even for complex offers; - Dynamic and Personalised Pricing: in digital markets, variable and dynamic prices are replacing averaged and fixed prices, leading to more accuracy but also to a much larger number of prices, more frequently updated. Implementing price optimisation results in an improvement of resource utilisation and sales efficiency up to 20% and a typical increase of 3 to 5 points in net margin. But above all, price optimisation arms companies to succeed in digital markets where information and speed are critical. http://www.openpricer.com


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Headquarters

Paris, France

Employees

11-50

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