Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.
Tip

WE RECOMMEND NOT TO TAKE ON PROJECTS WITHOUT ILT❗TRAINING❗

Get ready to take your learning to the next level and join our instructor-led trainings (ILT) for live interaction, personalized feedback, and hands-on practice. Master foundational knowledge with on-demand courses, then experience a comprehensive learning journey with ILT.

Remember that without ILT you will not be able to effectively work with the system.

Learn more about the differences between ILT and on-demand, here.

Companies are always looking to make the most effective use of their resources to get the best results in pricing. Usually, the search for the right tool to optimize the pricing process can take longer than expected. This Learning Path will guide the Optimization Managers through different models with technology that enables them to make accurate and effective data-driven decisions to scale and achieve superior business outcomes.

Business Pains & Challenges

  • Unstructured data - is your data clean and structured enough to be segmented?

  • High Pricing Complexity - can you identify and measure the complexity of your pricing calculations? can you drive your pricing goals at any scale?

  • Lack of Flexibility - Is it easy to make last-minute adjustments to your pricing calculations? How long does it take to make changes and corrections?

...

Pricefx Solution - Optimization

Pricefx offers functionality that provides a way to work with your data and improve your pricing, incentives, discounts, and rebates, among other parameters. The Optimization capability uses a powered AI engine for complex mathematical analysis to determine the customer’s willingness to pay the right price. It drives the organizations to reach their goals providing different recommendations, helping them to maximize their operating profits.

Overview Optimization - Business User Knowledge Base - Pricefx Knowledge Base

Concepts - Business User Knowledge Base - Pricefx Knowledge Base

Fundamentals - Business User Knowledge Base - Pricefx Knowledge Base

Optimization - Segmentation

The first optimization model released for the segmentation process.

How To Guides Optimization - Business User Knowledge Base - Pricefx Knowledge Base

Negotiation Guidance Model

The newest optimization model released for the negotiation guidance process.

Overview Negotiation Guidance - Business User Knowledge Base - Pricefx Knowledge Base

Personas, Roles, and the science behind Negotiation Guidance - Business User Knowledge Base - Pricefx Knowledge Base

Configure a model in Negotiation Guidance - Business User Knowledge Base - Pricefx Knowledge Base

Optimization Use Cases - Results

Business and pricing objects where the optimization model results can be useful and improved.

Quiz 12: Optimization

Explore the Segmentation Results in Negotiation Guidance - Business User Knowledge Base - Pricefx Knowledge Base

Improvements & New Releases

Paper Plane Updates - Model Classes - Business User Knowledge Base - Pricefx Knowledge Base

Paper Plane Updates - Shelf Price - Business User Knowledge Base - Pricefx Knowledge Base

Summary Quiz: Summary Quiz