6 Simplified Pricing
For retailers who are implementing Merchandising, but have their own pricing solution for managing prices, and providing the latest updates to their selling solutions, an option is available to access limited functionality in Pricing. In this simplified mode, retailers will be able to manage initial pricing of new items and to keep Merchandising updated for any regular price changes or clearance markdowns and resets. Based on licensing of the solution, the Pricing Cloud Service (PCS) will be available as a full solution or as Simplified Pricing. This distinction will be set during system provisioning.
What is available with Simplified Pricing:
- Bulk load of price changes, clearance markdowns, and clearance resets from
an external source using Price Change & Clearance Induction batches.
- All price events must be created using a fixed price.
- A Unit of Measure is mandatory for Price Changes if a default UOM is not specified at the system level.
- Execution of price events into Merchandising to record markdowns, to update price history and item/location price details. This also includes emergency price events. No rounding rules are applied on the executed price changes.
- Access to the Pricing user interface will be limited to:
- Price zone setup and configuration, as well as Merchandise Hierarchy
Zone Group associations.
- It is required to specify the zone structure and assign a primary price zone group to departments, classes, or subclasses to be used for initial price setting within Merchandising, even when using Simplified Pricing.
- Access to a subset of system options for configuration of the above features.
- Price zone setup and configuration, as well as Merchandise Hierarchy
Zone Group associations.
- Access to a subset of batch processes related to the above-mentioned functionality.
What is not available with Simplified Pricing:
Simplified Pricing will not support any functionality related to promotions. The support of price changes and clearances is limited to bulk integration and execution. The following is a list of capabilities that are not available in Simplified Pricing:
- 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. Promotional offer functionality is completely excluded.
- Integration with selling solutions (for example, POS) for new prices, price changes, clearance markdowns, and clearance resets are not available. 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.
- Access is not provided to the Price Change Induction, Clearance Induction, Promotion Induction, Price Inquiry, and Initial Retail web services.
- Access to online price event management screens is restricted, including Pricing Inquiry, Quick Create, and full maintenance of price changes, clearances, promotions, and conflict review.
- Setup and maintenance of any additional foundational data, aside from Price Zones and Merchandise Hierarchy Zone Groups, is not permitted. This includes rounding rule and clearance cadence definitions.
- Notifications and Reports are not accessible.
- Operational insights, including dashboard and in-context reports, are not available.