Installation (Optimization - Shelf Price)

Owned by Ondřej Tesař
Mar 08, 2024
2 min read

Optimization - Shelf Price Accelerator deploys a standard Shelf Price Model Class that optimizes the prices in a B2C context.

In this section, you will find all information to deploy and run a standard shelf price optimization. More details on data mapping, elasticity model creation, and optimization results evaluation are in Business User Reference (Optimization - Shelf Price).

Prerequisites

Before you start the installation of the Accelerator, ensure you have Sales, Stock and Competition Datamarts or Data Sources (as listed in Data Requirements (Optimization - Shelf Price)).

To use the Shelf Price model class deployed by the Accelerator, you will need:

  • Multifactor Elasticity Model – To create and run a Shelf Price model, you need to generate a Multifactor Elasticity Model which will provide the price elasticities. For details how to run a Multifactor Elasticity Model, see Prepare Elasticity Model (Optimization - Shelf Price).

The Optimization - Multifactor Elasticity Accelerator will be automatically deployed as a dependency of Optimization - Shelf Price Accelerator and therefore will delete any previous deployment customizations of this accelerator on the partition.

  • Optimization Engine (Image) – To run a Shelf Price model, your partition needs to be allowed to use the Optimization Engine. It will be automatically enabled during the deployment of the Accelerator. In case it is not, please contact Pricefx Support (create a helpdesk ticket) and ask them to enable the image cregistry.pricefx.eu/engineering/pricefx-optimization-engine for your partition, if it is not enabled yet. You will be asked for the number of CPUs and memory size to run the model.

    • In terms of CPUs, 2 is enough; you can ask for 4 if you need to make the jobs faster.

    • In terms of memory, you can start with 4 Gi and ask for an increase if it is not enough.

Deployment

  1. Get access to PlatformManager and target partition, as described in common installation prerequisites.

  2. Go to PlatformManager at https://platform.pricefx.com/ and log in.

  3. Go to Marketplace and find the Optimization - Shelf Price accelerator.

  4. Click the accelerator tile, select the partition where you want to deploy the accelerator package and confirm the deployment dialog to start.
    For detailed description of all deployment options, see PlatformManager documentation.