Analyzing the Results of a Price List Simulation

Procedure

To analyze the results of a price list simulation:

  1. Search for the price list in the Price List Simulation screen.
  2. In the Results section, click the Price List Simulation Request (The Add Icon icon in the Price List Simulation Request column corresponding to the price list you want to simulate.
    The Price List Simulation Request screen appears.
  3. Propose new volume and price for the price item of the price list you want to simulate.
  4. Click Simulate.
    Note: Alternatively, you can click on the Price List Simulation Results (The Price List Simulation Results Icon) icon in the Price List Simulation Results column corresponding to the price list whose simulation results you want to analyze in the price list search results section.
    The Price List Simulation Results screen appears. It contains the following zone:

    • Price List Simulation List - Lists all the simulation results associated with a particular price list. It contains the following section:

      Filters - The Filters section contains the following fields:

      Field Name Field Description
      Price List ID Used to specify the price list for which the simulation is requested.
      Product Used to search a product with a particular description.
      Simulation Period Used to specify the period which is back calculated from the system date to fetch the validity for the proposed pricing. The valid values are:

      • 1 month

      • 3 months

      • 6 months

      • 12 months

      • 36 months

      Note: By default, the Simulation Period is set to 12 months option is selected.
      View Person and Account Level Details Used to indicate whether you want to show or hide the person or account details associated with the price list.
      Price List Simulation Request On clicking this link, you can create a new simulation request for the price list whose simulation details you are viewing.
      Total Affected Accounts Displays the total number of affected price items or products of a particular account whose simulation details you are viewing.
      Note: This field appears when you expand the simulation details which you want to view.
      Pricing Information Displays the price item pricing information associated with a particular account.
      Actual Volume Displays the actual commitments of the price item for a particular account.
      Proposed Volume Displays the proposed commitments of the price item for a particular account
      Actual Average Unit Price Displays the actual average price charged for each unit of a price item. It is represented by the following formula:

      Actual Average Unit Price = Actual Revenue / Actual Volume
      Proposed Average Unit Price Displays the proposed average price charged for each unit of a price item. It is represented by the following formula:

      Proposed Average Unit Price = Proposed Revenue / Proposed Volume
      Original Revenue Displays the revenue generated from the actual price item pricing and actual volume of a price item.
      Proposed Revenue Displays the revenue generated from the proposed price item pricing and proposed volume of a price item..
      Revenue Variation (%) Displays the average revenue generated from the price item pricing and commitments. It is represented by the following formula:

      Revenue Variation (%) = (Proposed Revenue - Original Revenue)*100 / Original Revenue
      Extract Effective Pricing Used to extract the effective pricing details in the excel format.
      Extract Simulation Results Used to extract the simulation results in the excel format.
      Approve Simulation On clicking this button, the system updates the status of the corresponding price list simulation as Approved.
      Legend Legend Description
      The Original Legend Symbol Indicates the original commitments and pricing statistics of a price item.
      The Proposed Legend Symbol Indicates the proposed commitments and pricing statistics of a price item.
  5. Expand the simulation version that you want to view.
  6. Analyze the updated volume and pricing for the price items of the price list.
  7. Analyze the percentage variation in the revenue of the price items.

Related Topics

For more information on... See...
Price List Simulation screen Price List Simulation
Price List Simulation Results screen Price List Simulation Results
How to search for a price list Searching for a Price List
How to simulate a price list Simulating a Price List