Overview (Optimization - Price Waterfall)
- Jana Volencová (Deactivated)
The Optimization - Price Waterfall Accelerator deploys a standard Optimization Engine model that optimizes elements of a waterfall.
Pricefx Key Accelerators
To get started, you can also watch a video introducing this accelerator and its benefits.
This Accelerator is a proof of concept meant only waterfall optimization use cases.
Optimization Engine can do other things, of course, but this is the main use case and any other custom requirements cannot be achieved via this Accelerator.
To be as fast and generic as possible, a standardized waterfall is built into the Accelerator and is designed to cover most of the customer needs. This waterfall looks like this:
A key part of the setup is mapping the actual customer waterfall columns to the standard one. This could mean that some of the elements of the customer waterfall will be aggregated within a single element of the standard waterfall and that some elements may not be used at all.
Illustrative example:
As a result:
Customers need to be aware of the fact that the results will not reflect their exact waterfall.
We can standardize most things – mainly the way we consume results (Optimization Realization Dashboards, Price Setting, Agreements & Promotions, etc.).