Price Setting Learning Path for All Audiences

Owned by Ondřej Tesař
Sept 27, 2024
3 min read

Introduction

This learning path is designed for all individuals who need to gain insights into the concepts and capabilities of Pricefx Price Setting and how to utilize its features and pricing management tools to create various price lists.

This learning path is separated into tiers that are dependent upon your expected role with this capability.

Learning Path Disclaimer: Although this learning path offers comprehensive information on the mentioned capability, it lacks a Pricefx environment, that is only available in our instructor-led training, where you can interact with these features and practice using them.

For further insights into the distinctions between our on-demand learning paths and instructor-led training, please click here.

Learning Prerequisites

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

Learning Synopsis

This learning path will highlight Price Setting in Pricefx, its capability to create price lists, live price grids, define and setup pricing policies, price simulations and how it supports the definition of an unlimited number of calculation and simulation logics based on cost, market, competition, product attributes, value perception, or any mix of those.

Additionally, you will learn how it allows for dynamic price re-calculations and updates, product price simulations, and price calculations based on bills of materials, bundles, sets, kits, segmentation, and algorithmic price optimization.

Learning Objectives

Core topics and takeaways:

  • Understand how Price Setting supports price policy definition, setup of price guidelines, calculations, and simulations of gross, special, and net prices, including algorithmic optimization.

  • Learn the use of automated pricing strategies, including price list automation, analytics, and price harmonization.

  • Define and manage pricing strategies, use the provided tools to calculate, simulate, and publish all product prices.

  • Understand the role of Strategy Designer for creating custom pricing strategies.

Learning Journey

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

These paths 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 the learning experience of the Price Setting Learning Path.

Price Setting Basics

Price Lists and Live Price Grids

Price Setting Simulations

Calculation Grids

Strategy Designer

Price Setting Tutorials

 

NOTE: If you have any inquiries regarding the content in this learning path, you can utilize the following online Pricefx forums: AskPricefx community or Pricefx GenAI chatbot.

Time commitment: For this path you should dedicate approximately 4 hours.

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