IBM DemandTec Extended Overview: Price Optimization

Arrow ECS Training

Course

In London

Price on request

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Description

  • Type

    Course

  • Location

    London

  • Start date

    Different dates available

IBM DemandTec Extended Overview: Price Optimization Training CourseThis 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.

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Location

Start date

London
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Arrow Ecs Training, 56433

Start date

Different dates availableEnrolment now open

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Course programme

Training Course Content
  • 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 optimized prices using Scenario Summary and Compare Scenario features
  • Review Scenario Results reports and Compare Scenario Details functionality
  • Use the PRA and Product Analyzer to answer price change questions
  • Research price change causals
  • Investigate Rules Relaxations using the rule relaxation methodology
  • Override prices and reforecast benefits
  • Approve and send prices to stores

Additional information

Expenses

The cost of this course is £600 + VAT.
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IBM DemandTec Extended Overview: Price Optimization

Price on request

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