Price List Impact Simulation Learning Paths

Introduction

This learning path is designed for individuals who need to gain insights into the concepts and capabilities of the Price List Impact Simulation Accelerator and how its visual impact assessment tool allow Pricing Managers to use updated list prices to simulate the potential impact of the new prices on their business.

It is separated into multiple learning paths that are dependent upon your expected role with this Pricefx Accelerator.

Learning Path Disclaimer: Although this learning path offers comprehensive information on the mentioned capability, it lacks a Pricefx environment, that is only available in our instructor-led training, where you can interact with these features and practice using them.

For further insights into the distinctions between our on-demand learning paths and instructor-led training, please click here.

Learning Prerequisites

Make sure that you have these aspects covered before moving on to the course.

Learning Synopsis

The learning paths for the Price List Impact Simulation Package Accelerator delve into how this tool simplifies benchmarking the effects of list price adjustments. By analyzing historical transactions and a series of hypotheses, it evaluates all metrics along the price waterfall, covering aspects from revenue to profit. Emphasizing its connection to Price Setting functionality, the process initiates from a Price List or an LPG, where a model is established to execute simulations based on user-defined hypotheses.

Learning Objectives

Core topics and takeaways from these learning paths:

  • Understand how to install, setup and configure this Accelerator.

  • Define capabilities, features and functions for managing our price list simulations and viewing the results via dashboards and tables.

  • Depict the creation of the price waterfall from transactions datamart.

  • Illustrate a step-by-step guide on how to use the Price List Impact Simulation (PLIS) feature in the Pricefx platform.

  • Understand the installation and deployment process for this Accelerator.

  • Depict the structure of the Price List Simulation Impact model class and the customization for alignment with customer requirements.

Learning Journey

This learning path is separated into sections based on your role and responsibilities and provide a basic roadmap for building your knowledge and understanding of the Price List Impact Simulation Accelerator.

The components in this path are designed to be experienced in a sequential order, as each subsequent level builds upon the knowledge acquired in the preceding learning path(s). This structured approach ensures that learners have the necessary foundation before progressing to more advanced concepts, optimizing your learning experience.

 

 NOTE: If you have any inquiries regarding the content in this learning path, you can utilize the following online Pricefx forums: AskPricefx community or Pricefx GenAI chatbot.

 

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