Optimization - Shelf Price 1.2.0
This document summarizes major improvements and fixes introduced in the Accelerate Shelf Price Optimization package release version.
Version | 1.2.0 |
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Release Date | Mar 07, 2024 |
Table of contents:
New Features and Improvements
Description | ID |
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When configuring the model, you can now define the period to optimize prices to daily or monthly (up to now only weekly was possible). | PFPCS-7060 |
The breakdown chart now considers stores in the scope to define what should be lost business and new business. | PFPCS-7161 |
Range for stock coverage is defined in Optimization Engine with these values:
| PFPCS-7251 |
The computation of revenue/profit balance now uses the historical values to normalize. | PFPCS-7253 |
In the Configuration step on the Competition tab, "Current average shelf price difference to competitor" has been added. | PFPCS-7344 |
The latest version of Optimization Engine (v2) is now used in the Shelf Price accelerator. | PFPCS-7495 |
Default preferences for layout are now part of the accelerator release. | PFPCS-7605 |
When installing the accelerator from PlatformManager, engines configuration steps are now the first steps of the accelerator installation. This is to prevent errors when trying to run a model while the accelerator installation has not been completed. | PFPCS-7706 |
Glassbox logic, used in the Shelf Price Accelerator, is now packaged separately in the Optimization Common Library (OCL) - Glassbox Library and used as such within the accelerator. | PFPCS-7908 |
Shelf price upper threshold priority was changed to high and some internal value finder's initial settings were adjusted. | PFPCS-7969 |
Maximization constraints and agents were removed from the description file. | PFPCS-7970 |
In the Results step, the Influencers tab and charts at the Glassbox tab have been added from Optimization Common Libraries. | PFPCS-7972 |
In the Results step in the Overview, there is now absolute margin displayed, with the variation in parenthesis, and margin rates for the last and next periods. | PFPCS-7989 |
Management of quantities below zero has been improved. | PFPCS-8020 |
Fixed Issues
Bug Description | ID |
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Revenue Breakdown chart last period is based on the latest historical data according to the filter but it should not depend on the filter. | PFPCS-7241 |
The average competition positioning is not computed correctly. | PFPCS-7341 |
When a competitor alignment should be defined, the whole list of competitors is displayed (not only the one in scope) and so this is not usable for large competitors lists. | PFPCS-7466 |
Computation of historical competition positioning is incorrect in the Configuration step matrix. It comes from the use of a total value instead of a unit one. | PFPCS-7491 |
The competition matrix shows values computed from the sum of the competition prices by store/SKU/competitor from the table (instead of taking the last competition price available). | PFPCS-7673 |
In the Configuration and Results steps, several UI titles have been improved to provide better guidance to users. Namely, "Competitor" changed to "Competitor positioning (within scope)", "Competitor average gap" changed to "Achieved competitor average gap", "Stock Coverage" changed to "Achieved Stock Coverage" and "Current average difference to competitor (%)" was added. | PFPCS-7755 |
There is an issue in hierarchy definition, leading to a bad aggregation of the SP/competitor values on which the competitor target is set. | PFPCS-7756 |
When reaching the Configuration step for the first time (from a non-duplicated model), the checkbox "Use fallback for elasticity" is checked but the next field for entering the number of fallback periods does not appear. | PFPCS-7770 |
There are issues with dates and aggregation when there is more than one competitor for a product/store. | PFPCS-8033 |
When deploying the accelerator, deployment of the correct version of Optimization Common Libraries is not triggered. | PFPCS-8039 |
“Thresholds” and other criteria fields are not adjusted to their new names from OCL. | PFPCS-8049 |