Understanding the Pricing Simulator
The pricing simulator enables you to test the pricing information that you set up. Use it to view the outcome of pricing under different scenarios, or use it to test specific pricing criteria with a particular customer. You can adjust the price rules, price lists, and arbitration plan until you receive the desired pricing adjustments. For those transactions that use the header and line structure such as the sales order, you can enter criteria and view the adjustment at the header and line level.
If the installation includes PeopleSoft Order Management, you can also test pricing on the Pricing and Availability page.
The Pricing Simulator is used to review basic pricing simulation. Price rules with historical data, such as Period-to-Date price rules, One-time-only price rules, and price rules specifying a maximum quantity are not simulated.
Additionally, the pricing simulator cannot simulate PeopleSoft Order Management-specific features such as Grace days, Exclusive Pricing, and Buying agreement. Finally, you cannot use the pricing simulator to view product-specific data including product cost and KVI/NDP values. These values are not retrieved during simulation, however, you can enter them on the Simulator page.
Viewing Simple Item Adjustments in the Pricing Simulator
A price rule exists where Customer 1005 will receive a discount amount of 10.00 euro for purchasing between 1–10 units of product 10050. This is valid for the period through the end of the year.
To test the scenario in the simulator, complete these steps:
Create one new price rule:
Add Sales Orders as the Transaction on the Rule Attributes section of the Conditions page. Enter a Description and change the Mode to Basic.
Add Sold to Customer 1005 and Product ID 10050 to the Rule Conditions section of the Conditions page.
Note: When the price rule is in basic mode the price rule conditions, in this case Sold to Customer 1005 and Product ID 10050, are automatically AND'd together.
On the Rule Attributes section of the Formula page, select Discount/Surcharge as the Price Action Type, and Cascading in the Cascading/Summed field.
Set the Rollup By field to Transaction.
On the Date Range section of the Formula page, enter this information:
Date Range ID
Pricing Date
Start Date
End Date
1
Order Date
Today
December 31, 2005
On the Formula Range section of the Formula page, enter this information:
Formula Range ID
Price Type
Minimum Amount
Maximum Amount
1
Quantity
1
10
On the Formula Definition section of the Formula page, enter this information:
Date Range ID
Formula Range ID
UOM
Currency
Discount/Surcharge By
Amount/Percentage
1
1
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EUR
Amount
–10
Create a simple arbitration plan on the Arbitration page with Pricing Key as the Arbitration Type. Select both Sold To Customer and Product ID in the Pricing Keys section.
On the Pricing Keys section of the Simulator page, enter the 1005 Sold to Customer and 10050 Product ID.
In the Line Information group box, enter the line:
Product ID
UOM
Quantity
10050
EA
5
Click the Calculate button. The results bring back the net unit price for the product (List price 39.99 euro – 10.00 discount amount = 29.99 euro). The transaction total also appears to indicate how the scenario is priced on the transaction when the price rules are deployed. In the Statistics group box, you will see how many price rules were applied. To verify if the correct price rule is applied, click the Details button in the Line Info tab.
Viewing Product Adds in the Pricing Simulator
Enterprise Pricer enables you to create price rules that giveaway products, discount products, and even offer buy-one-get one deals to customers.
Create one new price rule:
Add Sales Orders as the Transaction on the Rule Attributes section of the Conditions page. Enter a Description.
Add Product ID 10050 to the Rule Conditions section of the Conditions page.
On the Rule Attributes section of the Formula page, select Product Add as the Price Action Type.
Set the Rollup By field to Transaction.
On the Date Range section of the Formula page, enter this information:
Date Range ID
Pricing Date
Start Date
End Date
1
Order Date
January 1, 2005
December 31, 2005
On the Formula Range section of the Formula page, enter this information:
Formula Range ID
Price Type
Minimum Amount
Maximum Amount
1
Quantity
1
10
2
Quantity
11
999999.00
On the Formula Definition section of the Formula page, enter this information:
Date Range IDs
Formula Range IDs
UOM
Currency
Product Add By
Qty/BOGO Factor
Product
UOM
Per
1
1
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EUR
Quantity
1
10049
EA
Order
1
2
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EUR
Quantity
2
10049
EA
Order
On the Formula Detail page, in the Product ID field, input the item number for the giveaway item, for our example 10049, and select EA for the UOM. Select the Per Order option for the Product Add Type.
Create one simple arbitration plan on the Arbitration page. It should have the Arbitration Type of Price Rule and identify the price rule you just created.
In the Header group box of the Simulator page attach the newly created arbitration plan.
In the Line Information group box, enter the line:
Product ID
UOM
Quantity
10050
EA
5
10050
EA
5
10050
EA
5
Click the Calculate button.
The results bring back the net unit price for the product. In this example, the order has an additional line added to it, in the product adds section, with two giveaway items (Item ID 10049) that are granted to the customer based on the applied price rule. Two items are given away because the rollup for this price rule is set to by transaction, which is 15 (the sum of all of the order lines). To verify that the correct price rule is applied, click the Details button in the Line Info tab.
The applicable product add lines appear in a grid called Product Adds below the Line Information grid.