3 Configure Price Events and Defaults

The Pricing Cloud Service module uses a number of system options to configure the functionality, which allows you to tailor the functionality for your business, including conflict checking options, defaulting commonly used values, and data retention.

System Options

All of the following system options can be viewed and edited through the Pricing Cloud Service screens.

System Options Functional Area Description

Single UOM for All Items

Price Changes

Clearance

Promotion

When a value is designated for this system option, this value is used as the unit of measure (UOM) for all price events created and Pricing Cloud Service does not perform UOM validation when you create events. If a value is not selected, when you create fixed-price price changes or clearance events, either a UOM must be designated, or Pricing Cloud Service will attempt to derive one and will raise errors if it is not consistent amongst items in the event.

Price Event Processing Days

Price Changes

Clearance

Promotion

Number of days required between the current date and the effective date for price changes and clearance. It ensures that price events are created with enough advance timing that stores and other impacted areas can react accordingly.

Security will permit certain users to create price events inside this window, including creating same day price events, sometimes called "emergency" changes. This must be set to a value greater than zero.

Note: this system option does not determine the communication processes to the selling systems.

Default value: 1

Offer End Date Required

Promotion

If this indicator is checked, the End Date on the Offer becomes a required field. The user must enter it before navigating to the next screen.

Default value: Unchecked.

Reset Clearance with Price Change

Price Change

Clearance

If this indicator is set, it extends the functionality of a price change event. This enables the price change event to end a clearance cycle by acting as an implied clearance reset when the price change is executed.

Regular Retail Greater than Clearance Retail

Conflict Checking

If the indicator is checked, conflict checking will raise a conflict for the event when the retail of the clearance is greater than the regular retail for the item location. If the indicator is unchecked, conflict checking will skip this rule. Default value: checked

Clearance Retail Less than Previous Markdown

Conflict Checking

If the indicator is checked, conflict checking will raise a conflict for the clearance event when the retail of the clearance is greater than the previous markdown for the item/location. If the indicator is unchecked, conflict checking will skip this rule.

Default value: checked

Run for Submit

Conflict Checking

This option determines whether or not conflict checking will be performed when submitting a price event for both price changes and clearance. If this system option is checked, conflict checking process will be performed when you submit a price event. Otherwise, conflict checking will be skipped and not performed until approval.

Default value: No (unchecked)

Zone/Parent Ranging

Zones

If this system option is checked, when you create a price change/clearance at a level higher than transaction item/location, there must be at least one ranged item/location combination represented. If there is not at least one, then the system will not allow you to create the event.

If this system option is not checked, then ranging checks will not be performed on events created at a level higher than transaction item / location.

Default value: Yes (checked)

Recognize Warehouses as Locations

Zones

This system option controls whether warehouses will exist in zone groups/zones and if price events can be created against warehouses. When the system option is checked, warehouses can be assigned to price zones and can be used in price events. When the system option is unchecked, warehouses cannot be added to zones or events.

Default value: No (unchecked)

Price Change/Clearance Rejects

Data Retention

This field defines the number of days after the effective date of a rejected price change or clearance the event should be purged from the system.

Valid values: 1- 999

Default values: 30

Clearance Groups for Download or Search Results

Search Results

This option limits the data that is displayed in the Clearance Group Search results to a manageable number to review. You can enter additional criteria to narrow down the list if the groups they are searching for is not returned in the initial search.

This option is also used to limit the number of Clearance Groups to be downloaded.

Valid values: 1-999

Default value: 100

Price Change Groups for Download or Search Results

Search Results

This option limits the data that is displayed in the Price Change Group Search results to a manageable number to review. You can enter additional criteria to narrow down the list if the groups they are searching for is not returned in the initial search.

This option is also used to limit the number of Price Change Groups to be downloaded.

Valid values: 1-999

Default value: 100


System Defaults

The following system defaults can be viewed and edited through the user interface. Also, there are separate options for price changes and clearance for each of these defaults, so that different values can be used for defaults by price event type.

System Defaults Functional Area Description

Diff Type

Price Change

Clearance

Promotion

This defines a default value for the desired default diff type in price change and clearance events. Examples of diff types are color, size, flavor, and so on. Valid values for diff type are defined as part of Merchandising Foundation Data.

Item Level

Price Change

Clearance

Promotion

This defines the default item level that will be used when you create a price change or clearance. Valid values are Parent, Parent/Diff, or Transaction Item. If a value is not defined for this option, then Transaction Items will be used.

Change Type

Price Change

Clearance

Promotion

This defines a value for the change type that will be displayed when you are creating a price change or clearance.

Valid values (price change): Change by Percent, Change by Amount, or Fixed Price

Valid values (clearance, promotion): Percentage Off, Amount Off, or Fixed Price

Note: For promotion, this field is called Discount Type.

Default value: Change by Amount

Reason Code

Price Change

Clearance

This defines a value for the default reason code in price change and clearance events. Valid values are dependent on the values setup in the Pricing Cloud Service system.