Retail Price Management (RPM) Business Essentials

This is a comprehensive course on Oracle’s Retail Price Management Application based on version 13.0.1. It covers detailed functional information about the application, concepts, and strategies for effective pricing decisions. Specific topics include: Basic concepts of pricing, overview of the application, navigation, key integration points, creating foundation data, applying price changes, clearances, promotions, pricing strategies, setting system options and overview of system security.

Learn To:

• Provide an overview of the application
• Use the worksheets to enable proper pricing decisions
• Create the foundation data for pricing decisions
• Apply price changes, clearances and promotions
• Make pricing decisions based on the pricing strategies
• Set up the system options and manage user roles

Audience

• Application Developers
• Functional Implementer
• Support Engineer
• End Users
• Technical Consultant

Course Topics Application Overview

• Overview of Price Management
• Oracle Retail Footprint
• Describing RPM application and features
• Explaining Process Flow
• Explaining Business Flow
• Describing the Integration with other applications
• Application Navigation
• Default System Options

Foundation Data

• Explaining Zone Structure
• Creating Primary Zone Group
• Handling Location Moves
• Creating Link Codes
• Creating Market Basket Codes
• Creating Reason Codes
• Creating Price Guides

Price Changes

• Explaining Initial Pricing
• Describing Price Changes
• Illustrating Price Change Process flow
• Creating Regular Price Changes
• Creating Vendor Funded Price Changes
• Creating Link Code Price Changes
• Maintaing Price Changes

Clearances

• Explaining basic concepts of clearance
• Describing business example on clearance
• Creating a Regular Clearance
• Creating a Vendor Funded Clearance
• Maintaining Clearances

Promotions

• Providing an overview of promotions
• Classification of Promotions
• Explaining Promotional Components
• Creating Simple Promotion
• Creating Threshold Promotion
• Creating various Mult-buy Promotions
• Maintaining Promotions

Pricing Strategy Foundation

• Providing an overview of Pricing Strategies
• Describing Calendars
• Describing Candidate Rules
• Explaining Aggregation Levels
• Creating Calendars
• Setting up candidate rules
• Setting Aggregation levels
• Maintaining the calendars, rules and aggregation levels

Pricing Strategies

• Classification of Pricing Strategies
• Creating Area Differential Strategy
• Creating Margin Strategy
• Creating Maintain Margin Strategy
• Creating Clearance Strategy
• Creating Defaults Clearance Strategy
• Maintaining Strategies

Retail Security Manager

• Providing an overview of RSM
• Explaining the integration of RSM with RPM
• Navigation
• Creating User Roles
• Assigning user roles to the users
• Managing the Users
• Allocating data permissions and workflow permissions to users

Summary

• Review of the learning objectives of all the above lessons

Course Objectives

• Create the foundation data for pricing decisions
• Identify the price change needs and rules
• Navigate through the application
• Apply price changes
• Apply clearances
• Apply promotions
• Set Calendars, Candidate Rules and Aggregations Rules
• Make pricing decisions based on the pricing strategies
• Set up the system options for the proper functioning of the application
• Handle the user roles and role management
• Explain price management
• Provide an overview of the application
• Map the application in the Retail suite of products
• Use the worksheets to enable proper pricing decisions
• Identify the integration points with other Retail applications