Optimization Training

This 3-day instructor-led training program is designed to provide a thorough understanding of Pricefx’s Optimization capability, with a focus on the Model class framework. Tailored for end users, administrators, and technical users, the training offers a deep dive into the intricacies of optimization, empowering participants to leverage this powerful tool effectively.

This training focuses on 4 Use Cases (Accelerators):

• Negotiation Guidance

• Product Recommendations

• Price Waterfall Optimization

• List Price Optimization

Day 1: End User Perspective (3 Hours)

The first day is dedicated to exploring Pricefx Optimization from the end user's perspective. Over the course of three hours, participants will gain a solid understanding of the optimization capability, including how to use and navigate the system effectively. The session will cover what optimization helps achieve within the platform, highlighting its practical benefits. Additionally, the training will delve into the three most common use cases, which are typically addressed by the available accelerators, providing a real-world context to the optimization processes.

Day 2: Admin/Super User Perspective (4 hours)

Day two shifts focus to the admin or super user’s perspective, covering the critical aspects of managing and configuring the Optimization tool. Participants will learn how to install and set up the necessary accelerators, ensuring that the system is equipped with the required data. The session will also provide a detailed walkthrough of model configuration, enabling administrators to tailor the optimization processes to meet their organization's specific needs.

Day 3: Technical User Perspective (4 hours)

The final day of the training is designed for technical users, offering an in-depth look at the more complex aspects of Pricefx Optimization. This session will cover the configurations provided by the accelerators and explain how the underlying logics function. Participants will also explore the Model class framework, gaining insights into the conceptual structure and its practical applications within the platform. By the end of this day, technical users will have a comprehensive understanding of how create custom Optimization workflows and how the Model Class framework works.