Introduction

This learning path is designed for individuals who need to gain insights into the concepts and capabilities of the Price Waterfall Optimization Accelerator and is designed to provide a comprehensive understanding of how the Negotiation Guidance Accelerator, which is part of the Pricefx Optimization core infrastructure, can help analyze and guide pricing decisions. This learning path will equip you with the knowledge and skills necessary to effectively leverage the Negotiation Guidance solution within Pricefx.

The content is separated into multiple learning paths that are aligned with different audience needs and requirements.

Learning Prerequisites

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

• Data Management

• Pricing Basics

• Pricing Terminology

• Overview of Accelerators

• Price Optimization Learning Path for All Audiences

Learning Synopsis

This learning path is designed to provide a comprehensive overview of the Price Waterfall Optimization Accelerator, covering its key features, deployment, architecture, and the step-by-step implementation process. The focus is on helping you understand and configure the Price Waterfall Optimization solution to support your pricing decision-making from different perspectives based on business user or technical user needs.

Learning Objectives

Core topics and takeaways:

• Illustrate the key features and functionality of the Price Waterfall Optimization to optimize elements of the waterfall.

• Understand the deployed components of the Price Waterfall Optimization Accelerator and how they integrate within the Pricefx platform.

• Comprehend the architecture of the Price Waterfall Optimization Model Class and the associated logics that power this optimization solution.

• Follow and understand the five major steps of the Negotiation Guidance Model Class: Definition, Scope, Configuration, and Results.

• Illustrate the setup, configuration and preparation of the price elasticity model for waterfall optimization.

Learning Journey

The learning path is structured to guide participants through the critical aspects of the Price Waterfall Optimization Accelerator, ensuring they have a solid understanding of its deployment, architecture, and the implementation process. The path is designed to be experimented in a sequential order as it builds knowledge progressively.