Your organization’s active pricing is the pricing model actively calculating prices for your organization. It is a combination of pricing records and a structure called a framework. When you and your team create possible pricing scenarios, these scenarios use your active pricing as a foundation.
A framework is a step-by-step pricing model that calculates prices by applying sequential elements. You and your team can configure element sequencing and granularity for this model.
A framework consists of the following elements:
Cost table—Initial set of cost records. A framework must have either a cost table or a price table, and only one.
Price table—Initial set of price records. A framework must have either a cost table or a price table, and only one.
Adjustment group—A group of in-scope adjustments that overall alter cost or price values in a specific way, such as a percentage increase, a percentage decrease, a flat value increase, or a flat value decrease.
Adjustment—An element in an adjustment group that alters cost or price values based on certain values, such as a percentage discount or an effective start and end date.
Scope—A set of attributes that helps you segment your pricing according to your business needs. The application sources attributes from your data, and depending on the attributes you select, a scope can capture a subset or the entire set of cost or price values outputted from the previous framework element. Then when you create an adjustment, the system applies the adjustment to values captured by the scope.
Usage rule—If multiple scopes exist for an adjustment group, determines which values (costs, prices, or adjustments) to use first.
Calculation table—Cost or price values calculated from usage rules for all framework elements to the left of the calculation table.
Calculation section—A group consisting of one adjustment group and one calculation table.
A draft framework is an editing view of your organization’s active pricing. For more details, read Edit draft framework.
Prerequisites
Members with any role can view your organization’s active pricing as a framework.
To edit the framework, you must have the Admin or Pricing Manager role.
Task | Admin | Pricing Manager | Pricing Analyst | Viewer |
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View framework |
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Edit framework |
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Manage framework
Depending on your role, you can:
View active pricing framework
To view your organization’s active pricing as a framework, go to Active Pricing and switch to the framework view. On this page, you can:
To read a framework element’s full name, you can hover over its label to display a tooltip, or select the framework element to display its name in the upper left corner of the framework view.
View pricing records
To view pricing records by framework element:
Select a framework element.
Select a scope. This displays a table of related pricing records. Each row in the table displays the total number of child records in a blue circle.
To view all child records, expand the row.
View active prices
You can override prices in a scenario to set a specific price, rather than use an automatically-calculated one. When you publish price overrides to your active pricing, Zilliant displays them in a pricing timeline. For more details, read Override a price.
To view the timeline for a certain price:
Select a calculation table.
Select a scope to view active prices.
Go to an active price and expand its row to view a table of related prices.
If the active price has one or more price overrides set in the future, the table displays them in order of nearest effective start date. Then, the table displays past overrides set in the past in order of nearest effective end date. Lastly, the table displays the original price.
View active adjustments
You can adjust your pricing strategy in a scenario to forecast pricing according to different variables. When you create and publish adjustments to your active pricing, Zilliant displays them in an adjustment timeline. For more details, read Create an adjustment.
To view the timeline for a certain adjustment:
Select an adjustment group.
Select a scope. This displays a table of currently active adjustments.
Go to an active adjustment and expand its row. This displays an table of values for the adjustment.
If the active adjustment has one or more values set in the future, the table displays them in order of nearest effective start date. Then, the table displays values set in the past in order of nearest effective end date.