Pricing 

Purpose

This component contains various functions for managing sales prices in your company's value chain. In particular, this component allows you to maintain sales prices in the sales price calculation function.

Integration

Required function:

Required component:

Calculate sales prices for promotions

Promotion

Establish seasonal markdowns and have these automatically take effect at preplanned intervals

Season component (Markdown Planning)

Automatically transfer pricing information to site POS systems

POS Interface

Print sales prices and supplementary conditions on merchandise tickets or shelf-edge labels

Ticketing component

Send sales prices in an assortment list

Assortment lists

Features

You can calculate prices for retail and wholesale distribution chains, sites, distribution centers, site price lists and price lists for customers.

Different purchase and sales price determination types allow you to create flexible purchase price and sales price determination.

See also: Purchase Price Determination and Sales Price Determination.

You can use two-step price calculation to calculate both the distribution center’s transfer price for the store, and the sales prices for the stores supplied by that distribution center at the same time. In this type of price calculation, the purchase price for the stores supplied is calculated on the basis of the distribution center’s transfer price.

See also: Two-Step Calculation for Stores.

You can use site groups to carry out standardized calculations for flexible groups of sites.

See also: Calculating Prices for Site Groups.

In the article master, you can define whether the variants of a generic article are to inherit the sales price of the generic article or that of another variant. You cannot calculate separate sales prices for these variants in the sales price calculation function.

See also: Price Calculations for Generic Articles and Variants.

Calculated sales prices are stored in the system as condition records when you save them. As well as creating sales prices, the system allows you to create condition records for other list fields in the pricing table.

You can define list variants to structure the pricing table to suit your individual requirements.

See also: List Variants.

See also: Pricing Table.

See also: Rounding To Price Points.

See also: Planned Markups.

You can save information on the sales price calculation in a pricing document.

See also: Pricing Documents.

You can cancel sales prices if you detect errors in the calculation on which they are based.

See also: Canceling Sales Prices

To be able to create sales prices, a user must have appropriate authorization. The system distinguishes between authorization to carry out calculations and authorization to activate prices.

You can maintain authorizations for carrying out calculations separately for the Distribution chain, Price list and Site pricing levels. You can also assign authorizations by merchandise category within each level.

The Pricing function also guides you through the follow-on processes that result when parameters affecting pricing are changed. A pricing worklist is generated, flagging sales price condition records for subsequent processing.

For further information, see Pricing Worklist.

You can use the Pricing overview screen to display standard and promotion prices as well as additional information (supplementary conditions and parallel prices in euros, for example) on various articles and organizational levels at the same time.

See also: Pricing Overview Screen

You can archive pricing documents and their associated sales price conditions.

See also: Archiving Pricing Documents (LO-MD-RPC).

See also: Pricing: Currency Conversion

The market-basket price calculation function allows you to calculate sales prices for a group of articles and sites, taking into account the total profit of these articles in the sites entered. The market-basket price calculation function is an enhancement to the sales price calculation function.

See also: Market-Basket Pricing.

You can enter your competitors' sales prices in the system and use these for determining your own sales prices in the sales price calculation function.

See also: Competitor Prices.

Constraints

This component does not:

This feature is handled through the Markdown Planning component rather than through Pricing.

This can be done through the Assortment List component.

See also:

Promotion

POS Interface - Outbound

Season: Markdown Planning