Optimization - Shelf Price 1.1.0

This document summarizes major improvements and fixes introduced in the Accelerate Shelf Price Optimization package release version.

Version

1.1.0

Release Date

Jun 27, 2023

Table of contents:

New Features and Improvements

Description

ID

Description

ID

Centralized glassbox information is now provided: reference and actual values for each criteria are displayed in details tables at the granularity level where they apply.

PFPCS-6669

Information on inconsistencies is now provided: if the elasticity model selected in Configuration > General is not consistent with the current Shelf Price model, there are messages shown in the UI, for example: Selected elasticity model's forecasting date range is not overlapping current Shelf Price model's one.

PFPCS-6750

Simulation run and Optimization run have been separated, so that data produced in simulation can be used in optimization.

PFPCS-6754

Unit supplier costs are now displayed also in details pages.

PFPCS-6769

In the Configuration Step, Minimum markdown on recommended retail price (%) input is used, therefore, in the Glassbox for Satisfaction by Criteria Type, the criteria name Markdown on RRP is used (and not Mark up on RRP as until now).

PFPCS-6779

Balance between Revenue and Profit has been refined to allow for more precise adjustments of price strategies.

PFPCS-6873

Fixed Issues

Bug Description

ID

Bug Description

ID

Selecting several forecast periods may lead to a failure of the Results step calculation.

PFPCS-6800
PFPCS-6919

In the Result step on the Evaluation tab, the data table header has titles in snake case style (e.g. period_start_date).

PFPCS-6810

Values in the "Markdown on RRP (%) (next period)" column in the Product & Store table are not formatted properly. 

PFPCS-6813

Shelf Price models rely on Multifactor Elasticity models to get some elasticity parameters at some specific dates but it is not guaranteed that dates in both models rely on the same day of the week.

PFPCS-7038

There are several inconsistent fields in result tables.

PFPCS-7039

Results step calculation takes too long.

PFPCS-7050

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