6 Simplified Pricing

For retailers who are implementing the Merchandising, but that have their own pricing solution that will be used to manage price, as well as provide the latest updates to their selling solutions, an option is available to access limited functionality in Pricing to manage initial pricing of new items and also to keep Merchandising updated for any regular price changes or clearance markdowns and resets. If running Pricing in this mode, then the following are the key features that will be available:

• Price zone setup and configuration, as well as initial zone group definitions for merchandise hierarchies

• Bulk load of price changes, clearance markdowns, and clearance resets from an external source. All price events must be created using a fixed price.

• Execution of price events into Merchandising to record markdowns, to update price history and item/location price details. This also includes emergency price events.

• Access to a subset of system options for configuration of the above features

• Access to a subset of batch processes related to the above-mentioned functionality.

However, when running in simplified mode, Pricing will not calculate a future retail, nor will it perform any conflict checking on price events imported from an external system, as it is assumed that processing is done by the system initiating the change. Promotions also cannot be created.

Extracts to selling solutions for price changes and clearance markdowns and resets are also not supported in Simplified Pricing mode. It is assumed that the solution you are using to manage pricing will communicate changes in regular and clearance price, as well as all promotional pricing to your selling solutions.