6.4.4 Price Optimization

The details of the target that is to be achieved through the deal are captured on this screen. The target to be achieved is specified in terms of Optimization Parameter and target value.

Optimization can be performed only by the Profitability Parameters that are applicable to all the products in the deal. Only those Profitability Parameters which are common to all the products in the deal are available for selection. To identify the Common Profitability Product only the products which are priced using the Carded and Negotiated methods are considered.

Note:

If there are no common parameters, then the deal should be modified.

After you define the Product Details, click Save. The Product Details are displayed in View mode. Click Save to open the Price Optimization Screen.

After you define the above parameters, click to save the Product and move on to the Price Optimization Screen.

Note:

For Negotiated/Carded scenarios, the target optimization value should not be less than the Floor Value of the selected Optimization Parameter if the Target Value is less than the Floor Value. Optimization will take place based on Floor Value.

Figure 6-31 Price Optimization

Select an option for Scenario Name and then click Save & Price to open the Run Executions screen.

Figure 6-32 Run Executions

You can click on Action to open the following actions that you can perform on the selected Optimization Parameter.

Figure 6-33 Optimization Options