Simulating a Price List

Prerequisites

To simulate a price list, you should have:

  • Account details defined in the application

  • Price items of a price list associated with a product

  • Price item pricing defined for the respective price list associated with the account

  • Bill generated for the account

Procedure

To simulate a price list:

  1. Search for the price list in the Price List Simulation screen.
  2. In the Results section, select the required currency from the Simulation Currency list corresponding to the price list which you want to simulate..

  3. On selecting the currency, the Price List Simulation Request (The Add Icon) icon appears.
  4. Click Price List Simulation Request icon.
    The Price List Simulation Request screen appears. It contains the following zone:

    • Propose Price and Volume - Used to propose or modify the volume and pricing of the price items associated with a price list/product/price item hierarchy. It contains following sections:

    • Filters - This section contains the following fields:

      Field Name Field Description Mandatory (Yes or No)
      Price List ID Indicates the price list that is to be simulated. No
      Product Used to search a product with a particular description. No
      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 12 months option is selected.
      		 No

    • Simulation Details - Used to propose or modify the volume and/or pricing for the price items associated with a price list, product, or price item hierarchy. It contains the following columns:

      Field Name Field Description Mandatory (Yes or No)
      Description Used to specify description for the price list simulation version. No
      Detailed Description Used to specify additional information about the price list simulation. No
      Simulation Currency Used to specify the currency in which you want to calculate the simulation results of the price list.
      Note:

      • By default, it displays the currency value selected while requesting a simulation from the Price List Simulation screen.

      • If the simulation currency is different from the currency which is specified in the price list simulation request, the system does the currency conversion.
      		 No
      Mass Volume Update Used to update the mass commitments in percentage which is applicable for the entire price list. You can slide move the range slider in the backward or forward direction in order to increase or decrease the volume respectively.
      Note: You can exclude a price item of the price list, product, or price item hierarchy from the Mass Volume Update by selecting the Exclude checkbox corresponding to the respective price item.
      		 No
      Mass Price Update Used to update the mass pricing of the price items in percentage which is applicable for the entire price list. You can move the range slider backward or forward direction in order to increase or decrease the pricing respectively.
      Note: You can exclude a price item of the price list, product, or price item hierarchy from the Mass Price Update by selecting the Exclude checkbox corresponding to the respective price item.
      		 No
      Affected Accounts Displays the total number of affected price items or products of a particular account for which you want to perform the simulation. No
      SQI Indicates the SQIs associated with the price item pricing. No
      Pricing Information Displays the concatenated string consisting of pricing information such as rate component, pricing type and pricing currency which are separated by a comma (,) for the price list.
      Note: This link appears when you expand the respective price item. It has a link. On clicking the link, the Rate Component Tree screen appears where you can view the pricing structure details of the respective price item.
      Actual Volume Displays the actual commitments of the price item for a particular account. No
      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

      		 No
      Actual Revenue Displays the revenue generated through the actual price item pricing and actual volume of a price item. No
      Proposed Volume Displays the proposed commitments of the price item for a particular account. No
      Proposed Average Unit Price Displays the proposed average price charged for each unit of a price item.

      Proposed Average Unit Price = Proposed Revenue / Proposed Volume

      		 No
      Exclude Simulation Used to specify whether you want to exclude a price item of a price list, product, or a price item hierarchy from the mass volume and/or pricing update. No
  5. Filter the results using the Filters section, if required.
  6. Propose or modify new values for Mass Volume Update and/or Mass Price Update fields, if required.
  7. Click Simulate.
    The Price List Simulation Results screen appears where you can analyze the simulation results.

Related Topics

For more information on... See...
How to search a price list Searching for a Price List
How to analyze the price list simulation Analyzing the Results of a Price List Simulation
Price List Simulation screen Price List Simulation
Price List Simulation Request screen Price List Simulation Request
Price List Simulation Results screen Price List Simulation Results
Propose Price and Volume zone Propose Price and Volume