Enterprise Pricer Overview
Enterprise Pricer enables real-time dynamic pricing for quotes, orders and RMAs based on company pricing policies. You can define rules that determine what discounts, surcharges, or product adds apply under specific order conditions, such as products ordered, customer, customer region, and so on. The functionality is designed for pricing and marketing managers and includes the capability for development, testing, deployment, and maintenance of price lists, rules, and arbitration plans. Enterprise Pricer consists of these pricing elements that you use to create a pricing structure:
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Price lists.
These enable you to select products and conditions where the price list applies to a transaction. During a transaction, the system determines the product price based on either a predefined search hierarchy for the transaction or the product's lowest price on any associated active price lists.
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Price rules.
These define the conditions under which the adjustments (formulas) are applied to the base price. Multiple rules can apply when conditions of each rule are met. In addition, if a price rule contains multiple formulas, more than one price rule can apply during arbitration if the order line or order match the price rule formula requirements.
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Arbitration plans.
The arbitration plan filters and sort the matching price rules to further determine which price rules are applied and in what order.
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Pricing simulator.
This enables you to test most pricing scenarios to determine whether the pricing adjustments create the desired results.