Oracle Advanced Pricing

Webinar Oracle Advanced Pricing

Disclaimer
All other trademarks, service marks and logos used in this webinar are the trademarks, service marks or logos of their respective owners.
The views expressed in this webinar are views of the speakers and do not necessarily reflect the views of iWare Logic Pvt. Ltd

Agenda
Understand the main concepts of “Advanced Pricing”
Identify the differences between “Basic and Advanced Pricing”
Learn the “Pricing Engine process”
Discuss the “Key Pricing Entities”
Discuss the “Advanced Pricing Integration”

Introduction
Oracle Advanced Pricing supports e-business applications by providing a flexible pricing engine that executes pricing.
Oracle Advanced Pricing enables you to set up pricing actions such as price lists, agreements, formulas, and modifiers that this pricing engine applies to transactions.
Oracle Advanced Pricing also enables you to define a set of pricing rules.

Benefits of Advanced Pricing
Pricing accuracy eliminates returns and customer issues
Rapid pricing change capabilities enable quick response to changing conditions
Flexible pricing formulas enable optimization of revenues from marketing programs
Dynamic pricing and discounting enables unique treatment of products, regions and customer classes to maximize revenues

Basic Pricing
Basic Pricing includes Order Management which enables you to do the following:
Set up price lists and secondary price lists.
Create static formulas.
Discount by percentage or amount.
Set up customer pricing agreements.

Advanced Pricing
Advanced Pricing feature includes:
Set a price list for an item or item hierarchy
Usage-based billing
Dynamically calculates prices based on formulas
Create multiple currency conversion lists
Get a price from an external source
Create your own eligibility conditions
Issue coupons and promotions
Buy 1 get 1 Free

Advanced V/s Basic Pricing Feature Basic Advanced Qualifiers Defaulted in OM Unlimited Pricing Attributes 1 Context Unlimited Secondary price list Single Unlimited Formula Static Static/Dynamic Line level Yes Yes Price breaks Not Available Yes Product attributes Item Item/Category Pricing attributes 1 Context Unlimited Factors Multiple/1 Context Multiple/Unlimited Coupon Issue Not Available Yes Item Upgrade Not Available Yes GSA price list Yes Yes

Pricing Engine Process 2. Pricing Request 5. Calculation Engine Pricing Engine 6. Returns price & adjustments 1. Calling Application (OM, CRM) 4. Pricing Entities 3. Search Engine

Overview of Modifiers
Use modifiers to increase or decrease the price of an item or benefit
Create Discounts, Surcharges, Point Price Breaks, Freight and Special Charges
Automatic, manual, or overridable
Optimize pricing policies with qualifiers
Visible from the order and order line as additional information

Qualifier Overview
A qualifier consists of one or more conditions that define eligibility for a particular price or benefit. Qualifiers are an intrinsic part of pricing logic that enable you to create eligibility rules for modifiers.
You can use grouping numbers to create AND and OR conditions between different qualifier conditions.

Price Lists
Create a new price list by:
Manually entering items
Copying an existing price list
Bulk importing price lists from other sources

Pricing Formulas
Formulas consist of mathematical expressions that the pricing engine uses to calculate the list prices of items and discounts applied to them
You can use formulas to:
Create a price from a computation as an alternative to entering prices in a price list
Calculate a price adjustment
Set up and maintain formulas based on component types
Formulas can be linked to a price list line or modifier line

Pricing Integration ERP / CRM
Service:
Contracts
Core
Logistics Purchasing

Summary
Understand Oracle Pricing concept.
Knowledge of differences between Basic and Advanced pricing.
Familiarity with the concepts and key entities of Oracle Pricing.
Know why Oracle Pricing is integrated with other applications?

About iWare Logic iWare Logic is an Enterprise Business Applications Consulting company, specializing in Oracle Applications and Technologies. iWare Logic is an Oracle Gold Partner providing IT Services in areas like Oracle E-Business Suite, OAF, ADF, BI DW and DBA. iWare Logic offers Application Development delivery with focus on application customizations, workflows, integrations, and data conversions. We also provide skilled resources for on-site/off-shore projects for Oracle Enterprise Applications' Implementations and Support. For any queries, feel free to drop a mail to info@iwarelogic.com

Thank You iWare Logic Technologies Pvt. Ltd. Aditi Samruddhi, Baner, Pune, India - 411045 Email: [email_address] Website: www.iwarelogic.com

Oracle Advanced Pricing

by iWare Logic Technologies Pvt. Ltd. on Feb 15, 2012

Accessibility

Categories

Tags

Upload Details

Usage Rights

2 Embeds 90

Statistics

Oracle Advanced Pricing — Presentation Transcript

http://www.iwarelogic.com	89
http://itnewscast.com	1