Approach 1: Quick Create

In this approach, the user can create a rule by defining the Rule Criteria and attaching a Rule Value in a single step based on the business scenario. This approach is used:

• When rules are straightforward, and fewer categories need to be defined.
• When different criteria need to have distinct rule combinations.

Example Use Case: End-of-season markdown for Women's Activewear in the United States Zone with:

• Maximum first markdown of 40%
• Minimum first markdown of 15%
• Minimum number of markdown items: 100

Follow these steps for Approach 1:

1. Under Rules Category -> Pricing Optimization -> Markdown (for our use case) -> select "Manage Markdown Rules."

   Figure 11-9 Create Markdown Rules

   

2. Click the Add icon from the Markdown Rules table and define the Criteria:

   • Merchandise: Department -> Women's Activewear
   • Price Zone: United States
   • Price Zone Group: Primary Zone Group

   Figure 11-10 Create Markdown Rules

   

3. Assign a value for a specific rule category:

   • Maximum discount percentage for the first markdown: 40%
   • Minimum discount percentage for the first markdown: 15%
   • Minimum number of markdown items: 100

   Figure 11-11 Rule Criteria and Value

   

4. Save the criteria and associated rule value. The rule is now created and seen in the Markdown Rules table.

   Figure 11-12 Markdown Rule Created