Introduction

This learning path is for all audiences and illustrates how Price Waterfall Optimization Accelerator builds upon the Pricefx Optimization core infrastructure and provides a fast implementation of optimization engine that optimizes elements of our waterfall. It illustrates the role of segments in making sensible pricing decisions by allowing a comparison of a similar situation from the past.

Learning Prerequisites

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

• Price Optimization Core Learning Path for All Audiences

Learning Synopsis

This learning path will highlight the utilization of the Price Waterfall Optimization, understand execution of the waterfall optimization and comprehend its results. It will provide guidelines on the elasticity model preparation and interpretation of the optimization results.

Learning Objectives

Core topics and takeaways:

• Gain a comprehensive understanding of the purpose, benefits, and key features of the Price Waterfall Optimization Accelerator in Pricefx.

• Understand how Price Waterfall Optimization can assist in your pricing decisions and price management.

• Acquire the knowledge and techniques to continuously review, refine, and optimize the waterfall based on analytical data and analysis.

• Learn how to use the business user features and functions of Price Waterfall Optimization effectively.

• Understand the supplied optimization results that include impact, details, glassbox, and influencers.

Learning Journey

This learning path is separated into sections that provide a basic roadmap for building your knowledge and understanding of Price Waterfall Optimization.

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.

Price Waterfall Optimization Overview

• Price Waterfall Optimization Basics

• Elasticity Model Preparation

Price Waterfall Optimization Usage

• Create Model

• Definition Step

• Scope Step

• Configuration Step

  • Define Boundaries

  • Business Alignment

  • Optimization Objective

  • Results

• Aggregated vs Current State

Price Waterfall Optimization Results

• Impact

  • Impact Overview

  • Waterfall Results

  • Revenue and Margin

  • Pocket Margin vs Volume

• Details Aggregation

• Glassbox

  • Glassbox Overview

  • Evolution of Criteria

• Influencers

• Evaluation

Glassbox Dashboards

• Criteria Satisfaction

  • Pie Chart

  • Criteria Compare Sankey Chart

  • Satisfaction Pie Chart

• Value Finders

  • Impact and Satisfaction Bar Chart

  • Impact and Influence Bar Chart

  • Value Finder Influence Bubble Chart

  • Criteria Impact Bubble Chart

  • Value Finders Variations Chart

  • Value Finders Relative Variations Chart

  • Value Finder Criterion Influence

• Debug Charts

  • Initial Movements Boxplot Chart

  • Initial Movements Relative Weights Boxplot Chart

  • Criticality Profile

Time commitment: For this path you should dedicate approximately 2 hours.