Manage Pricing Guidelines
In this example, create a pricing guideline that controls the pricing adjustment the Order Entry Specialist can make on the AS54111 Standard Desktop item.
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If the manual price adjustment exceeds 20% of the list price, then display a warning, and allow the Order Entry Specialist to submit the sales order.
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If the manual price adjustment exceeds 40% of the list price, then display an error.
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Make sure the net price is 80% or more of the list price.
This topic uses example values. You might need different values, depending on your business requirements.
Summary of the Steps
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Add the control for the manual price adjustment.
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Add the control for Your Price.
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Add the pricing guideline to a pricing strategy.
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Test your set up.
Add the Control for the Manual Price Adjustment
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Go to the Pricing Administration work area, then click Tasks > Manage Guidelines.
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On the Manage Guidelines page, click Actions > Create.
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In the Create Guideline dialog, set the values, then click Save and Edit.
Attribute
Value
Name
My guideline
Business Unit
Vision Operations
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Add the control for the manual price adjustment. In the Charge Guideline Components area, click Actions > Add Row, set the values, then click Save.
Attribute
Value
Component
Custom Adjustment
Specify the component where Pricing must apply the pricing guideline. In this example, you're creating a pricing guideline against the Custom Adjustment charge component that affects the adjustment the Order Entry Specialist can make.
The Used in Guidelines attribute of the Manage Price Elements page determines the price element to use. At runtime, the evaluation happens against the charge component because Pricing returns charge components in the runtime environment.
You can also apply a pricing guideline that controls the changes that you can make on other components, such as Your Price, List Price, and so on.
If the list is empty or it doesn't have the component you need, do this.
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In the Setup and Maintenance work area, go to the task.
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Offering: Order Management
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Functional Area: Pricing
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Task: Manage Price Elements
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On the Manage Price Elements page, click Search.
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In the Search Results, click the row that contains the element you need.
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In the row you clicked, add a check mark to the Used in Pricing Guidelines option.
Calculation Type
Percent of
Operator
Less than or equal to
Calculation Component
List Price
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In the search results, click Actions > Add Row, then set the values. Use this area to specify where to apply the pricing guideline at a detailed level.
Attribute
Value
Item Level
Item
Select All Items to apply the guideline to all items in the pricing strategy that this guideline references.
Name
AS54111
In this example, you apply the pricing guideline on the AS54111 Standard Desktop item.
Line Type
Buy
In some implementations, you can apply the pricing guideline only to Buy order lines.
Applies To
Price
Note that Applies To can also apply to shipping charges.
Pricing UOM
Each
Price Type
All
Charge Type
Sale
Charge Subtype
Price
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Click Create Charge Guideline Rule Matrix.
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In the Charge Guideline Rules area, click Actions > Add Row, then set the values. This area sets the rule to apply for the pricing guideline.
Attribute
Value
Constraining Value
20
Violation Type
Warning
To add more conditions, you add more rows to the matrix.
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At the top of the page, click Save.
Notice that the Statement attribute now contains a value. If the Order Entry Specialist makes an adjustment that violates the guideline, then Order Management displays a similar message in the Price Adjustments dialog.
Add the Control for Your Price
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Create the pricing guideline for the manual price adjustment. In the Charge Guideline Components area, click Actions > Add Row, then set the values.
Attribute
Value
Component
Your Price
Calculation Type
Percent of
Operator
Greater than or equal to
Calculation Component
List Price
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In the search results, click Actions > Add Row, set the values, then click Save.
Attribute
Value
Item Level
Item
Name
AS54111
Line Type
Buy
Applies To
Price
Pricing UOM
Each
Price Type
All
Charge Type
Sale
Charge Subtype
Price
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Click Create Charge Guideline Rule Matrix.
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In the Charge Guideline Rules area, click Actions > Add Row, set values, then click Save.
Attribute
Value
Constraining Value
80
Violation Type
Warning
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Click Access Set.
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Click Actions > Add Row, set the value, then click Save.
Attribute
Value
Set Code
COMMON
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Click Approve.
Add Your Pricing Guideline to a Pricing Strategy
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Click Tasks > Manage Pricing Strategies.
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On the Manage Pricing Strategies page, search for, then open Corporate Pricing Strategy for editing.
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On the Edit Pricing Strategies page, click Guidelines.
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In the Charge Guidelines area, click Actions > Select and Add.
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In the Select and Add dialog, set the value, then click Search.
Attribute
Value
Name
Corporate Pricing Strategy
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In the Search Results, click the row, click Apply, then click OK.
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In the Charge Guidelines area, set the Start Date for your guideline.
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At the top of the page, click Save and Close.
Test Your Set Up
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Make sure you have the privileges that you need to manage sales orders.
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Go to the Order Management work area, then create a sales order.
Attribute
Value
Customer
Computer Service and Rentals
Business Unit
Vision Operations
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Add an order line.
Attribute
Value
Item
AS54111 Standard Desktop
Quantity
1
UOM
Each
Notice the order line displays a Sale Price of 2,000.00 and a Recycling Fee of 10.00.
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In the AS54111 Standard Desktop row, click the Pencil.
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In the Edit Sale Price dialog, set the values.
Attribute
Value
Type
Discount Amount
Amount
500
Reason
Price Match
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Notice that the Edit Sale Price dialog displays these values.
Attribute
Value
List Price
2,000
Automatic Adjustments
0
Manual Adjustments
500
Net Price
1,500
Recall that you set up these controls.
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Make sure the manual price adjustment doesn't exceed 20% of the list price.
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Make sure the net price is 80% or more of the list price.
Your manual adjustment violates each of the controls.
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The $500 manual adjustment is 25% of the $2,000 list price.
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The net price is less than 80% of the list price. $1,600 is 80% of the list price.
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In the Edit Sale Price dialog, click Save and Close.
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At the top of the page, click Save.
Order Management calls Pricing to validate the sales price. Pricing evaluates the pricing guidelines that reference the pricing strategy for the transaction, then applies the guidelines. In this example, it finds two violations, then sends the results to Order Management.
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Notice that Order Management displays a Warning icon on the far left side of the order line.
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Click the warning on the order line.
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Verify that Order Management displays a warning.
The charge has a pricing violation for the charge component Your Price. The charge component Your Price must be greater than or equal to 1,600 USD (value 80% of the charge component List Price).