Regular - Scope

The Scope stage is used to define the scope of the optimization where the pricing analyst can select a Season, Merchandise (for example, Department), Location (for example, Region), or Prize Zone Effective Week and Strategy (DEFAULT_STRATEGY or Custom Strategy), Start Week, End Week and Base Period for the run. The Best Feasible Solution checkbox is selected by default for Regular Lite.

Click Save to apply updates to the Name, Description, and any changes made to proceed to the next stage.

Figure 6-1 Regular Run - Scope

This image shows regular run scope

Table 6-1 Regular Run - Scope

Name Description
Run Name The name identifying the run. The name must be 80 characters or less and use alphanumeric characters only. It is case sensitive.
Run Description A brief description of the run. The value must be 200 characters or less and use alphanumeric characters only.
Season The drop-down list of seasons available for the run.
Product Hierarchy (such as Department) The drop-down list of merchandise available for the run, based on PRO_PROD_HIER_RUN_SETUP_LVL.
Location Hierarchy (such as Region) The drop-down list of locations available for the run, based on PRO_LOC_HIER_PROCESSING_LVL.
Price Zone The drop-down list of available price zones for the run. Available set of price zones would be decided based on the forecast run type mapped to Lifecycle Pricing - Promotion/Markdown application.
Strategy

The drop-down list of strategies available. The user can define the set of business rules and associate the set with a strategy (for example, Christmas Specials). By default, there is always strategy named DEFAULT_SET.

The user also can create a new strategy by clicking Add Strategy that takes the user to the Control and Tactical Center screen.

Start Week Starting period for the regular price optimization. This is also the effective week for the regular price recommendation for the run.
End Week

Ending period for the regular price optimization.

Base Period Can be any of Last Fiscal Quarter, Current Fiscal Year, and so on.