1 day
Online Offline

DescriptionWhat we offer

This course will teach you the configuration fundamentals for the IBM DemandTec Price Optimization solution.

ObjectivesWhat you learn

  • Explain the difference between System Settings versus Category Manager
  • Configure CPI calculations to accurately reflect your customers' competitive strategy
  • Customize Scenario results calculations to reflect customer tax and discount concerns
  • Use the most appropriate cost in scenarios
  • Set up Competitors and competitive data
  • Choose the best Rule Relaxation algorithm for scenarios
  • Decide whether or not the Division functionality is appropriate
  • Explain all of the Rules settings including rounding, hierarchy and mandatory rules
  • Set up Size Class if needed

TopicsThe best for you

  • System Settings versus Category Manager
  • CPI calculation configuration
  • VAT, GST and Average Discount calculation customization
  • Costs used in scenarios
  • Competitors and competitive data
  • Rule Relaxation algorithm choices
  • Using Divisions
  • Rules settings including rounding, hierarchy and mandatory rules
  • Size Class configuration

PrerequisitesWhat should you know

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.

AudienceWho should attend

This basic course is for Pricing Analysts, Pricing Managers, Category Managers, Pricing Executives or Sponsors, Manufacturing representatives or managers, and associated professionals.