Overview Price Waterfall Optimization
- Ioana Kocurova
Price Waterfall Accelerator utilizes a standard Optimization Engine model to optimize elements of a waterfall. A standardized waterfall is included in the accelerator, and customer-specific elements need to be mapped to this standard format. While the results may not reflect the exact customer waterfall, the accelerator offers efficiency through standardization for various processes like Optimization Realization Dashboards and Price Setting or Agreements and Promotions.
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Note that the accelerator is optimised only for waterfall optimization use cases.
Key Features
The main features of the Optimization - Price Waterfall Accelerator include the use of an Optimization Engine model to optimize various elements of a waterfall. It also provides a standardized waterfall template that covers most customer needs, and it allows for standardization in areas such as Optimization Realization Dashboards and Price Setting.
Customer Specific Waterfall Elements
Price Waterfall Accelerator uses a standardized waterfall template to cover most customer needs. It requires mapping the actual customer waterfall columns to the standard one, which may involve aggregating some elements and not using others. This allows for standardization and efficiency in the optimization process.
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Standardizing the waterfall benefits customers by providing a common framework for optimization, enabling efficiency in processes such as Optimization Realization Dashboards and Price Setting. While the results may not precisely reflect the customer's waterfall, the standardization allows for broader applicability and ease of use.
You can check out the complete documentation for the Price Waterfall Optimization Package, here.
If you have an admin role, check out the reference here.