Kursbeskrivning: IBM DemandTec Extended Overview: Price Optimization (ILO)

NOTE: This is an online course. Please do not make travel arrangements for this course. After you receive confirmation that you are enrolled, you will be sent further instructions to access audio and video.

This extended overview is a hands-on training demonstration to introduce you to the major features of the IBM DemandTec Price Optimization solution.  It is the perfect way to learn a little more about Price Optimization without attending a multi-day event,if you are a Sales Director, Manager, Partner or tertiary user.  Your session facilitator is well-versed in the solution and is happy to answer questions or show you items of interest.

Visa den här kursen i andra länder

Tillbaka till toppen

This basic course is for:

• Pricing Analysts
• Pricing Managers
• Category Managers
• Pricing Executives or Sponsors
• Manufacturing representatives or managers
• Associated professionals

Tillbaka till toppen

You should:

• Have some experience using web browsers, the internet and Microsoft Windows operating systems
• Be able to navigate a GUI environment
• Have experience working with spreadsheets and reports.  

As you work through the concepts and tasks, it is assumed that you are familiar with Microsoft Excel; although this will not be a blocking issue to learning.

Tillbaka till toppen

• Relate the benefits of the Price Optimization solution
• Describe pre-scenario data for anomalies in Reporting
• Discuss Pre-price and Price-lock products that should not change during rules pricing or optimization
• Product Status and which products will be included in the pricing action
• Discuss data which supports Price Optimization rules such as, but not limited to, Size Families/Classes, Brand Families/Classes, and Other Families/Classes
• Describe the use of Product and Store Groups for rules and CPIs
• Relate the use of weighted and non-weighted CPIs
• Discuss the creation of Rule and Category Groups
• Describe the import and export of data
• Differentiate between Rules Priced and Optimized scenarios
• Describe the use of rules to support category strategies
• Tell about scenario creation and the strategic use of rules
• Relate the use of “what-if’” scenarios to compare the projected financial implications of various pricing strategies
• Discuss the balancing of scenario financial results
• Describe Scenario Summary and Compare Scenario features
• Outline Scenario Results reports and Compare Scenario Details functionality
• Discuss the use of the PRA and Product Analyzer to answer price change questions
• Describe the rule relaxation methodology
• Outline scenario approval and sending of prices to stores

Tillbaka till toppen

• The benefits of the Price Optimization solution
• Review pre-scenario data for anomalies in Reporting
• Pre-price and Price-lock products that should not change during rules pricing or optimization
• Product Status and which products will be included in the pricing action
• Creation of data to support Price Optimization rules such as, but not limited to, Size Families/Classes, Brand Families/Classes, and Other Families/Classes
• Creation of Product and Store Groups for rules and CPIs
• Creation and calculation of weighted and non-weighted CPIs
• Creation of Rule and Category Groups
• Import and Export data into and from the Price Optimization Solution
• The difference between Rules Priced and Optimized scenarios
• The use of rules to support category strategies
• Creation of scenarios and adding rules strategically
• Running 'what-if’' scenarios to compare the projected financial implications of various pricing strategies
• Balance scenario financial results
• Review summary-level o