Price Management
29 min
price management description sets the governance boundaries and commercial direction used by the optimization algorithm to generate new regular prices across the category tree, product classes, brands, zones, and individual products it combines price rules, price strategies, locked products, product architecture, product diagnostics, and projected impacts before prices progress to exports docid\ ayu6zunb35nqkubun3bpf price management overview sub parts & functions price settings defines the price rules and price strategies that govern regular repricing for the selected scope rules can be inherited from higher category levels or configured as exceptions; where several rules apply, the optimization algorithm calculates the new price within their rule intersection price settings key elements price rules — constrain competitor positioning, relative margin, minimum distance above promo price, and permitted price change pricing strategy — selects the commercial objective applied within the applicable rule limits product class, brand, and zone coverage — limits a rule or strategy to the intended assortment segment create price rule creates a price rule for the selected category scope, defining the allowed range in which new prices may be calculated the rule can be restricted to product classes, brands, and zones, while the optional note records the business rationale for later governance review create price rule key elements rule based on — selects the pricing constraint basis, such as a reference price, relative margin, price change, or minimum above promo product classes — restricts applicability by price sensitivity segment brands — restricts applicability to selected brands zones — applies the rule only to selected store groups note — stores up to 250 characters explaining why the rule was created create pricing strategy establishes the product class and zone coverage for a new price strategy before its optimization objective is selected the strategy directs the optimization algorithm toward a commercial goal while remaining bounded by applicable price rules create pricing strategy key elements product classes — selects the assortment segments covered by the strategy zones — selects the store groups where the strategy applies pricing strategy goal selection selects an optimization objective on the continuum from maximizing unit volume through revenue, profit, and margin, and previews its expected price change distribution and kpis impact is estimated from regular sales for the next 30 days; promotional sales are excluded and their share is estimated from historical promo share, while locked products and manual prices remain included in total values pricing strategy goal selection key elements optimize within the rules — directs optimization toward the selected goal while respecting applicable price rules only align to the rules — limits optimization to compliance with price rules rather than pursuing the selected goal strategy selector — chooses the balance between volume, revenue, profit, and margin prices covered by this goal — shows the covered product zone combinations kpi impact comparison — compares current and proposed profit, revenue, volume, margin, and reference price indexes locked products manages groups of locked products that are excluded from automatic regular repricing, leaving their baseline price fixed until manually changed a lock group can target products through general criteria or individual product selection and records its reason, validity period, and targeting scope locked products key elements locked ratio — shows the proportion of the selected assortment excluded from automatic repricing lock group criteria — identifies the categories, product classes, brands, suppliers, or products covered by the rule validity period — controls when a lock group is effective reason — documents the business justification for preventing automatic repricing product architecture organizes related products into product architecture (pa) value ladders and groups, so pricing maintains planned positioning between levels when enabled, pa overrides generic price rules; min gap is mandatory between adjacent levels, while max spread optionally limits the maximum distance from the anchor level product architecture key elements architecture selector — switches between configured value ladders unassigned products — lists products available for inclusion in a product group grouped products — displays product groups and their level assignments min gap — enforces the minimum percentage difference between adjacent levels set/edit exception — creates a product group specific pa rule where justified history tracking tracks regular margin over one or two years and marks periods affected by pricing rule or scenario changes use the chart and rule change log together to investigate whether a rule change coincides with a subsequent margin movement history tracking key elements history length — switches the analysis between one and two years history tracking chart — plots regular margin by week and marks pricing rule changes rule change log — provides detailed records of pricing rule changes impact overview compares current price outcomes with the projected effect of applying new prices at category and subcategory level it summarizes price change direction, profit, revenue, volume, margin, and reference price index movement to support prioritization before export impact overview key elements price changes — separates price increases, decreases, unchanged prices, and locked prices profit, revenue, and quantity impact — shows projected percentage and absolute movement margin — compares current and new margin reference price indexes — compares current and new market positioning against configured reference prices model insight explains detected external factors used to interpret product demand, including regular price effect, seasonality, day of week patterns, weather sensitivity, category cannibalization, and promotion effect a graph is shown only when the platform detects sensitivity to that factor; 100% seasonality represents yearly average sales model insight key elements regular price effect — visualizes the expected relationship between price and sales, revenue, and profit seasonality — estimates relative popularity by week against the yearly average day of week — estimates sales variation relative to an average day in the last year cannibalization and promotion effect — identifies category sales displacement and historical promotional uplift sales history analyzes product sales by weekly or daily interval and separates regular, promo, and multibuy performance volume, revenue, or profit can be paired with selling price, cost price, or margin, and the past promotions timeline supports evaluation of promotional periods against the regular baseline sales history key elements weekly/daily — controls the aggregation interval history length and yoy total — controls the comparison period and year over year view volume, revenue, profit — selects the primary sales metric price, margin, store count — selects the secondary context metric zones — limits analysis to the selected store groups past promotions — marks promotional periods for performance evaluation category scoped price management selecting a category in the category tree re scopes price management from the top level to that part of the assortment the active product count, product list, status indicators, price rules, price strategy, locked product ratio, product architecture groups, and history/impact views then reflect the selected category and its applicable inherited or exception settings category scoped price management key elements category tree — selects the category whose assortment and pricing configuration are displayed active products summary — shows the number of products in the selected category product status indicators — summarize alerts and product attributes within the selected category price management tabs — open category scoped price settings, locked products, product architecture, history tracking, and impact overview product multibuy detail the multibuy tab in a product detail view shows the product's active multibuy pricing and its multibuy history it lets users verify whether a product has a multibuy configuration and review its tiered special pricing record separately from its regular price product multibuy detail key elements multibuy tab — opens product specific active multibuy pricing and history current prices — displays active multibuy prices when configured history — displays prior multibuy pricing records for the product planned promotions for a product the promotions tab in a product detail view lists the product's planned promo plan placements each entry identifies the plan type, promotion date range, applicable zone or zone count, and the product included in that planned promotion, helping users assess upcoming promo price activity before changing the regular price planned promotions for a product key elements planned promotions — lists upcoming promotional placements for the selected product promotion date range — identifies when the planned promotion is active zone label — indicates the zone or number of zones covered by the promotion product row — confirms the selected product is included in the promotion price management column settings the price management settings dialog defines the default table column visibility and order for users of the module separate configurations are available for locked products, product architecture product/group tables, and impact overview; users can reorder fields, hide or show them, or reset a table to the software default price management column settings key elements column settings tab — opens default table layout configuration locked products column setup — controls fields shown in locked products tables product architecture unassigned/grouped products setups — control fields in product architecture tables impact overview column setup — controls metrics shown in the impact table visibility icon — shows or hides a column drag handle — changes a column's display order reset — restores the selected table's default column layout price rule configuration creates a price rule for the selected category, defining the limits within which the optimization algorithm can generate new regular prices select a rule basis and its thresholds, then optionally restrict the rule to specific product classes, brands, or zones; the rule becomes part of the applicable rule intersection, while non overlapping constraints are resolved by priority the optional note records the business rationale for the rule and is shown on its rule card price rule configuration key elements rule based on — selects the price rule basis, such as a reference price, relative margin, price change, or minimum above promo, and exposes the relevant minimum and/or maximum limits minimum / maximum limits — define the allowed pricing range for the selected rule basis that constrains new regular prices product classes — limits the rule to selected product classes within the selected category brands — limits the rule to selected brands; product ids can also be pasted where available zones — applies the rule only to selected zones, allowing zone specific pricing constraints note — stores up to 250 characters of business context explaining why the price rule was created create — saves the price rule for use in the next optimization run markdown shows the product’s markdown pricing records by site, including the applicable selling price, discount, average cost, margin, and sell through related information use it to review how markdown pricing is applied across locations and assess whether the resulting price supports inventory clearance and margin objectives markdown key elements site — identifies the location to which the markdown record applies batch id — identifies the inventory batch associated with the markdown selling price — shows the markdown selling price for the site or batch discount — shows the markdown reduction applied to the product cost (avg ) — shows the average cost used to evaluate markdown margin margin — shows the margin resulting from the markdown selling price sell — shows sell through related information for the markdown record regular prices shows the product’s current price and proposed new price by zone, together with cost, margin, and reference price index measures it supports review of the optimization algorithm’s regular price recommendation before export and provides access to price settings or priority repricing when action is needed regular prices key elements priority repricing — marks the product for prioritized regular repricing price settings — opens product level pricing settings and applicable price rules zone — identifies the store group for each price recommendation regular price — compares the current price with the proposed new price and shows the difference cost / margin — shows cost and the current to new margin effect main competitor index — shows the product’s reference price index against the main competitor size architecture organizes related products into size levels, such as small size and big size, within product groups it enforces a configured minimum price gap between adjacent size levels so pack size positioning remains consistent; group level exceptions can be set where the default architecture should not apply size architecture key elements size architecture — switches to the size based architecture view unassigned products — lists products available to assign to a size group grouped products — displays product groups split into size levels add group — creates a new group for assigning related products set exception — defines an exception to the default size level rules min gap — sets the minimum required price distance between adjacent size levels connections & integrations price management consumes category hierarchy, product attributes, cost, sales data, reference prices, zone definitions, family ratios, and model insight signals to produce governed new regular prices product architecture and families docid\ w6vf3xs cr5mrsz25s5rg can override generic price rule behavior, locked products and manual prices prevent automatic regular repricing, promo planner docid\ swfaxzwu2fj8vbgay6dou supplies promotional context, and approved recommendations move to exports for store system handoff key actions create and prioritize price rules for categories, product classes, brands, zones, or product level exceptions select and evaluate a price strategy against projected 30 day regular sales kpis create lock groups to exclude defined products from automatic regular repricing build product architecture value ladders, assign related products to groups, and manage justified exceptions investigate regular margin changes through history tracking and the rule change log review projected category level commercial impact before price export use model insight and sales history to validate pricing decisions against demand behavior best practices & success stories consistent price rules keep new regular prices within approved commercial and competitive boundaries price strategies make expected trade offs between volume, revenue, profit, and margin visible before export product architecture preserves deliberate value positioning across related assortment levels model insight and sales history help pricing managers validate recommendations against observed demand behavior important considerations create narrow exceptions only where needed, because inherited price rules provide consistent governance across the category tree use notes on price rules to preserve the business rationale for future review use product architecture groups only for closely related products so price gap calculations remain meaningful avoid creating exceptions for too many product architecture groups, as this reduces transparency review projected profit, revenue, volume, margin, and competitor index trade offs before changing a price strategy excessive use of manual prices breaks the optimization algorithm's learning loop conflicting price rules can cause the highest priority rule to override other intended constraints when no rule intersection exists enabling product architecture changes precedence because pa overrides generic price rules locking a broad assortment prevents automatic regular repricing until the products are manually changed or unlocked related modules exports docid\ ayu6zunb35nqkubun3bpf promo planner docid\ swfaxzwu2fj8vbgay6dou markdown docid\ fausgcpeoz6nus750yq4t families docid\ w6vf3xs cr5mrsz25s5rg