Creating a Request for Price List Simulation

Prerequisites

To define a mass pricing update request, you should have:

  • Mass pricing update request types defined in the application

  • A currency conversion algorithm attached to the Currency Conversion For Bill Segments algorithm spot of the respective division

Procedure

To define a mass pricing update request:

  1. Click the Menu link in the Application toolbar.
    A list appears.
  2. From the Main menu, select Pricing Management and then click Price List Simulation.
    The Price List Simulation screen appears.
  3. Do either of the following:
    If you want to...Then...
    Create a new simulation request for a price list

    1. Search for the required price list which you want to simulate from the Search Price List zone.

      A list of the price lists matching the search criteria appears in the Results section.

    2. Select the simulation currency from the Simulation Currency list corresponding to the price list which you want to simulate.

      Click the Add (The Add Icon) icon in the Price List Simulation Request column corresponding to the price list whose details you want to simulate.
    Create a new simulation request for an already simulated price list

    1. Search for the price list whose simulation details you want to view from the Search Price List zone.

      A list of price lists matching with the search criteria appears in the Results zone.

    2. 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 price list simulation details you want to view.

      The Price List Simulation Results screen appears.

    3. View the price list simulation details.

    4. If you want to further simulate the respective price list then click on the Perform Simulation link in the upper right corner of the Price List Simulation View zone.

    The Price List Simulation Request screen appears. It contains the following field:

    Field Name Field Description Mandatory (Yes or No)
    Mass Pricing Update Request Type Used to indicate the mass pricing update request type using which you want to create a mass pricing update request. Yes
  4. Select the required mass pricing update request type from the respective field.
  5. Click OK.

    The Mass Pricing Update Request screen appears. It contains the following fields:

    Field Name Field Description Mandatory (Yes or No)
    Request Information Displays information about the mass pricing update request. Not applicable
    Mass Pricing Update Criteria Used to indicate whether you want to increase or decrease the rate in the price item pricing or whether you want to forcibly end the price item pricing on the update date. The valid values are:

    • Decrease Price

    • End Date Price

    • Increase Price

    		 Yes
    Mass Pricing Update Type Used to indicate whether you want to increase or decrease the rate by an absolute value or in percentage. The valid values are:

    • Absolute

    • Percentage

    Note: This field appears when the mass pricing update criteria is set to Increase Price or Decrease Price.
    		 Yes (Conditional)
    Note: This field is required when the mass pricing update criteria is set to Increase Price or Decrease Price.
    Rate Value Used to specify the rate by which you want to increase or decrease the price.
    Note:

    This field appears when the mass pricing update criteria is set to Increase Price or Decrease Price.

    You cannot specify a negative value or zero in the Rate Value field.

    		 Yes (Conditional)
    Note: This field is required when the mass pricing update criteria is set to Increase Price or Decrease Price.
    Currency Used to indicate the currency in which the rate is specified.
    Note:

    This field appears when the mass pricing update type is set to Absolute.

    If the pricing currency is different from the currency which is specified in the mass pricing update request, the system does the currency conversion using the algorithm which is attached to the Currency Conversion For Bill Segments algorithm spot of the respective division.

    		 Yes (Conditional)
    Note: This field is required when the mass pricing update type is set to Absolute.
    Update Date Displays the date when you want to update the price assignments. The system fetches the price assignments which are effective on the update date. If you want to forcibly end a price item pricing through the mass pricing update request, the end date in the price item pricing is set to the update date. However, if you want to increase or decrease the rate in a price item pricing through the mass pricing update request, the system behaves in the following manner:

    • If a price assignment is referred in past, the existing price assignment is end dated and a new price assignment is created.

    • If a price assignment is not yet referred in the system, the existing price assignment is updated.

    Note: You cannot update a price assignment through a mass pricing update request when the start or end date of the price assignment is equal to the update date.
    		 Not applicable
  6. Enter the required details in the Price List Simulation Request screen.
  7. Propose new pricing and/or volume for the price items of the price list.
  8. Click Simulate to simulate the price list.

Related Topics

For more information on... See...
Price List Simulation screen Mass Pricing Update Request
Search Price List zone Search Price Assignments
Price List Simulation Request screen Price List Simulation Request
Propose Price and Volume zone Propose Price and Volume
Price List Simulation Results screen Price List Simulation Results
How to simulate a price list Simulating a Price List