Retail Price Management (RPM) Business Essentials 13.1

The course is designed with essential conceptual and operation information to help the learners to make pricing decisions using the Retail Price Management Application Ver 13.1.

The course covers comprehensive information on the following key topics: Basic concepts of Pricing, Overview of the application, Navigation, Key Integration points, Creating foundation data, Applying Price Changes, Clearances, Pro pricing and Credit promotions, Promotions, Pricing Strategies, Setting System Options and overview of System Security.

Learn to:

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

Audience

• Functional Implementer
• Project Manager
• Sales Consultants
• Support Engineer
• End Users

Course Topics Application Overview

• Explain what is price management
• Provide an overview of the application
• Map the application in the Retail suite of products
• Identify the integration points with other Retail applications
• Identify the important features of the application

Foundation Data

• Create the foundation data for pricing decisions
• Create the pricing attributes
• Create Reason Codes
• Create Link code type price changes

Price Change

• Identify the price change needs and rules
• Create a regular price change
• Create a vendor-funded price change
• Apply price changes

Clearance

• Identify the Clearance classifications
• Create and apply regular clearance
• Create and apply vendor-funded clearance
• Provide an overview of the clearance workflow

Promotion

• Identify the components of the promotion
• Provide an overview of the Promotions
• List the various types of promotions
• Apply the various types of promotions

Pricing Strategy

• Create Calendars
• Create Candidate Rules
• Create and apply pricing strategies
• Maintain aggregation levels
• Identify the various pricing strategies

User Administration

• Maintain users
• Manage the role administration

Course Objectives

• Identify the integration points and business flow
• Navigate through the application
• Create foundation data
• Create reason codes
• Create link code type price change
• Apply price changes
• Apply clearances
• Apply various promotions
• Create Calendars
• Define candidate rules
• Identify the various rule based pricing strategy
• Apply pricing strategies
• Explain the promotion components
• Manage users and respective roles
• Maintain the price changes
• Provide an overview of the pricing application