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Pricing
November 28, 2023
Lowest Cost Is Not Necessarily The Winning Price
Pricing to Win (PTW) is a process for achieving a combination of capability and price that produces the desired win probability.Some people believe that “pricing to win” equates to being low price. In today’s marketplace, lowest cost is not necessarily the winning price. Lowest price only works in Lowest Price Technically Acceptable (LPTA) competitions.