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 |
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Release Date | Jun 27, 2023 |
Table of contents:
New Features and Improvements
Description | ID |
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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 |
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Selecting several forecast periods may lead to a failure of the Results step calculation. | PFPCS-6800 |
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 |