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The Price Setting package can be used in the following scenarios:
Standalone Price List | Covers price setting for just one price list (e.g. one dependency). (You can set up more dependencies, but there will be no link between these dependencies and they will share the same parameters.) |
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Independent Price List → Dependent Price List | Covers price setting on the whole hierarchy of independent/dependent levels. First, prices are calculated on the independent level. Then dependent prices are calculated based on these independent prices with surcharges. |
The package allows you to define whole hierarchies of master/dependent relations. Master price lists are a base for dependent price lists; this allows to create various pricing scenarios. Price list without master, are “independent” price lists (handled by independent calculation logic). For example: define an independent "global" price list and then define dependent "country" price lists that will have prices based on the "global" one. More details can be found in Dependent Price Lists and Data Fallbacks.
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E-Commerce Package is tailored to be used in Dynamic Pricing Context. Therefore it supports price setting in Live Price Grids (LPG). Also, the Price Flexibility Package is fully compatible to "monitor" independent LPGs.
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All parameters can be configured across segments of the product portfolio. During deployment and setup, you can choose up to 5 product attributes as "dimensions" for different features to differentiate all the setup parameters. This way you can choose different pricing strategies, surcharges, etc. depending on different segments of your product portfolio. More details can be found in Product Segmentation per Feature.
Price Strategies
The Price Setting Package provides several built-in price strategies and you can also add your own. It comes with pre-configured price strategies tailored to typical B2C e-commerce price setting.
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More information can be found in Strategy Importance Dependent Price List Calculations.
Exceptions and Manual Overrides
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Calculation logics contain the final output values. One of them is a price decision (which contains info about which price / price strategy we calculate, or reason for a price) and the other is a Final Price which contains a price after calculations. Exceptions and overrides have a strong connection to these values. With the default settings, our hierarchy is defined in https://pricefx.atlassian.net/wiki/spaces/ACC/pages/5933730461/PSP+Override+Module#Override-Order-(Highest-to-Lowest).
Price Checks
Some price checks are performed on calculated results. More details can be found in PSP Price Checks Module.
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Actual Price Lookup
PSP Actual Price ElementModule is configured to use Live Price Grid source type by default. If this configuration is changed to Product Extension source type, DependencyMappingConfig PP needs to be adjusted as well.
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