Pricing

 

This component contains various functions for managing sales prices within the framework of your company's supply chain. This includes maintaining 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 (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 list

Features

  • Sales prices can be calculated for several articles and organizational levels in a single operation.

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

  • Flexible design of purchase and sales price determination

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

    For more information, see Purchase Price Determination andSales Price Determination.

  • Two-step price calculation

    You can use two-step price calculation to calculate both the distribution center’s transfer price for the store, and 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.

    For more information, see Two-Step Price Calculation for Stores.

  • Calculating sales prices for site groups

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

    For more information, see Calculating Prices for Site Groups.

  • Referencing sales prices for the variants of a generic article

    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 variants in the sales price calculation function.

    For more information, see Price Calculations for Generic Articles and Variants.

  • Creating condition records

    Calculated sales prices are stored in the system as condition records when you save. You can create condition records as well as sales prices for various list fields in the sales price calculation screen (calculation table).

  • Customizing the calculation table

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

    For more information, see List Variants.

  • Interactive sales price calculation screen

    For more information, see Pricing Table.

  • Rounding sales prices to price points.

    For more information, see Rounding to Price Points.

  • Supporting planned markups/planned margins using the condition technique

    For more information, see Planned Markups.

  • Pricing documents

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

    For more information, see Pricing Documents.

  • Canceling sales price changes

    You can cancel sales prices if you notice a mistake in a sales price calculation after the fact.

    For more information, see Canceling Sales Prices

  • Authorizations

    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 the authorizations for carrying out calculations separately for the distribution chains, price lists and sites. You can also assign authorizations by merchandise category.

  • Pricing worklist function

    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 more information, see Pricing Worklist.

  • Pricing overview screen

    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.

    For more information, see Pricing Overview Screen.

  • Archiving pricing documents

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

    For more information, see Archiving Pricing Documents (LO-MD-RPC).

  • Support for conversion to Euro.

    For more information, see Pricing: Currency Conversion.

  • Market-basket price calculations

    You can use the market-basket price calculation function to calculate sales prices for a group of articles and sites, taking into account the total profitability of these articles in the plants selected. The market-basket price calculation function is thus an extension of the sales price calculation function.

    For more information, see Market-Basket Pricing.

  • Taking competitor prices into account in sales price calculations

    You can enter competitor prices in the system and use these for determining sales prices in the sales price calculation function.

    For more information, see Competitor Prices.

Constraints

The following functions are not included in this component:

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

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

  • Send sales prices in an assortment list.

    This can be done through the Assortment List component.