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IBM DemandTec Price Optimization Update Configuration

Currently no upcoming Class Dates

Description

This course will teach you the configuration options that support the Price Update process of the Price Optimization solution.

Objectives

  • Demonstrate the location of the various configurations
  • Send new data into Data Maintenance or New Data Approval
  • Use the correct cost and price during the Price Update process
  • Apply Min, Max or Mode Triggers
  • Maximize margin by adjusting pass through for cost increases and decreases
  • Support your Pennies or Percentage strategy
  • Structure importance of new cost or competitive data
  • Apply the Task Scheduler

Audience

This basic course is for Pricing Analysts, Pricing Managers, Category Managers, Pricing Executives or Sponsors, Manufacturing representatives or managers, and associated professionals.

Prerequisites

You should:

  • Have some experience using web browsers, the internet and Microsoft Windows operating systems
  • Be able to navigate a GUI environment
  • Have experience working with spreadsheets and reports.

As you work through the concepts and tasks, it is assumed that you are familiar with Microsoft Excel; although this will not be a blocking issue to learning.

Duration

0.5 days

Topics

  • Configurations location
  • New Data Approval configuration
  • Cost in Price Update
  • Price in Price Update
  • Trigger Thresholds
  • Passthrough
  • Pennies or Percentage?
  • Configuration hierarchy
  • Task Scheduler

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