1Overview

nullOverview of Advanced PricingOverview of Advanced PricingAgendaAgendaUnderstanding the main concepts of Oracle Advanced Pricing Recognizing the differences between Basic and Advanced Pricing Understanding the Pricing Engine process Understanding the main Advanced Pricing featuresWhat is Oracle Advanced PricingWhat is Oracle Advanced PricingBreaks the price creation into simple elements such as: Defining pricing rules Assigning rules to create specific pricing actions Designating pricing controlsOverview of Advanced Pricing in the Order to Cash ProcessOverview of Advanced Pricing in the Order to Cash ProcessOrder PricingManually Entered OrdersAPI or Imported OrdersOrder ManagementPricingAgendaAgendaUnderstanding the main concepts of Oracle Advanced Pricing Recognizing the differences between Basic and Advanced Pricing Understanding the Pricing Engine process Understanding the main Advanced Pricing featuresFrom Basic Pricing to AdvancedFrom Basic Pricing to AdvancedBasic Pricing, included in Order Management, enables you to do the following: Set up price lists and secondary lists Create static formulas Discount by percentage or amount Set up customer pricing agreements Advanced PricingAdvanced PricingSome Advanced Pricing features include: Set a price list for an item or item hierarchy Usage-based billing Dynamically calculate prices based on formulas Create multiple currency conversion lists Get a price from an external source Create your own eligibility conditionsAdvanced PricingAdvanced PricingIssue coupons and promotions Set discounts to be accrued Mark discounts as exclusive or incompatible with each other Set spending and usage constraints to stop promotions at a certain limitAdvanced PricingAdvanced PricingSet a percent/fixed/lump sum discount or surcharge Set up deals or promotions Define a formula to create a price relation Buy one get one free Query on multiple modifier criteria across all modifier setups View the criteria that the engine uses to select price and modifiers for a pricing request Basic/Advanced Pricing Summary: Pricing SecurityBasic/Advanced Pricing Summary: Pricing SecurityBasic/Advanced Pricing Summary: Price ListsBasic/Advanced Pricing Summary: Price ListsBasic/Advanced Pricing Summary: Price ListsBasic/Advanced Pricing Summary: Price ListsBasic/Advanced Pricing Summary: AgreementsBasic/Advanced Pricing Summary: AgreementsBasic/Advanced Pricing Summary: FormulasBasic/Advanced Pricing Summary: FormulasBasic/Advanced Pricing Summary: ModifiersBasic/Advanced Pricing Summary: ModifiersBasic/Advanced Pricing Summary: ModifiersBasic/Advanced Pricing Summary: ModifiersBasic/Advanced Pricing Summary: ModifiersBasic/Advanced Pricing Summary: ModifiersBasic/Advanced Pricing Summary: ModifiersBasic/Advanced Pricing Summary: ModifiersAgendaAgendaUnderstanding the main concepts of Oracle Advanced Pricing Recognizing the differences between Basic and Advanced Pricing Understanding the Pricing Engine process Understanding the main Advanced Pricing featuresPricing Engine OverviewPricing Engine Overview What is being Priced? Who is asking for the Price? Qualifiers How should the Price be Adjusted? Modifiers Pricing Engine OverviewPricing Engine OverviewEntered order linePrice list or agreementUnit priceModifiersPricing Engine Process Pricing Engine Process InputOutput Select Price Lists Select Modifiers One Customer One ItemPricing EngineCalling ApplicationAgendaAgendaUnderstanding the main concepts of Oracle Advanced Pricing Recognizing the differences between Basic and Advanced Pricing Understanding the Pricing Engine process Understanding the main Advanced Pricing featuresAdvanced Pricing FeaturesAdvanced Pricing FeaturesWhile using Advanced Pricing, you will become familiar with the following features:The Advanced Pricing ProcessThe Advanced Pricing ProcessSales Order: 123, Customer: 1 Line 1: Shampoo Line 2: ConditionerLine 1: Product & qualifier hierarchy Line 2: Product & qualifier hierarchyPricing Request StructurePricing EngineSelect eligible listsResolve incompatibilityProcess benefitsPricing RequestSetupQualifiersQualifiersState who can receive benefits and adjustments: Specific customers Customer groups By order type By amount within an order and across many orders Associate qualifiers with Price lists ModifiersQualifier GroupsQualifier GroupsYou define a qualifier within a qualifier group so that you can: Associate qualifiers of a common type or for a common benefit Easier to search for qualifiers Easier to assign groups to modifiers Create AND and OR conditions among qualifiers ModifiersModifiersPricing modifiers control changes to the final selling price Examples: Discount of 10% Buy two get one free Get a coupon $100 if you buy over 300 items +ModifiersModifiersUsing modifiers, you can: Set up a modifier list with multiple modifier lines Create eligibility rules for modifiers by assigning list and line level qualifiers Define incompatibility rules for modifiers Accrue monetary and non-monetary benefits Create monetary or usage limits that a customer can receive for a promotion, deal, or other modifierAccrualsAccrualsTypes of accrual in Advanced Pricing: Monetary Non-monetary Example, the customer accrues 10 airline frequent flyer credits for each item they purchase. You can: Assign expiration dates to accruals Mark accruals redeemed Use buckets with monetary accrualsFormulasFormulasFormulas consist of mathematical expressions that the pricing engine uses to calculate the list prices of items and discounts applied to them Formulas can be linked to a price list line or modifier lineFormulasFormulasYou can use formulas to: Create a price from a computation as an alternative to entering prices in a price list Calculate a price adjustment Example, you can instruct the pricing engine to calculate a discount by attaching a formula to a discount line Set up and maintain formulas based on component typesPrice ListsPrice ListsPrice lists are essential to ordering products as each item entered on an order must have a price Each price list contains: Basic list information and one or more pricing lines, price breaks, pricing attributes, qualifiers, and secondary price lists Basic information includes: Price list name, effective dates, currency, pricing controls, rounding factor, and shipping defaults such as freight terms and freight carrierPricing AttributesPricing AttributesOrder Header Order = 10027Order Line Item: Service, Silver Price = $50.00Pricing Attributes make the item definition more specificPrice List for Service AttributeAttributePriceGold100.00Silver25.00Bronze50.00ProductServiceServiceServiceContextsContextsContexts are a group of related pricing elements that can have attributes linked to them In Attribute Management, you can set up three types of contexts: Qualifier Product Pricing Example: a product context such as Item can be further categorized by attributes such as Item Name and Item NumberAttribute ManagementAttribute ManagementThe Attribute Management feature enables you to create new contexts and attributes, update existing contexts/attribute properties, or disable existing Attributes Example: