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What is SAP Variant Configuration and Pricing?

SAP Variant Configuration and Pricing merges two cloud-based solutions within the SAP Business Technology Platform, enabling the management of complex product modeling and real-time pricing while keeping the integrity of your ERP system intact. The Variant Configuration aspect enables users to define characteristics, dependencies, and constraint rules for products in SAP ERP or S/4HANA, seamlessly transferring this knowledge to the cloud to offer an interactive configuration experience that acknowledges rules and includes pre- and post-processing extension hooks. On the other hand, the Pricing component absorbs replicated sales pricing data, applies SAP's condition-technical rules along with external condition sources and custom pricing formulas, and calculates prices for both configurable and non-configurable items, whether based on documents or in a stateless manner, supporting a range of calculation methods such as percentages, fixed amounts, and quantity-based strategies while preserving runtime pricing results. Furthermore, both components possess extension interfaces that streamline the integration of variant functions and pricing routines, facilitating a comprehensive integration process that enhances businesses' capability to adapt and evolve their pricing strategies seamlessly. This innovative framework not only boosts flexibility and responsiveness to shifting market demands but also significantly contributes to improved business performance and competitive advantage. Ultimately, it empowers organizations to better align their offerings with customer expectations and market trends.

What is Pricing Lifecycle?

An advanced solution has emerged for the efficient application of strategies concerning Pricing, Promotions, and Markdown optimization. Emphasizing a strategic mindset over mere parameter fixation is crucial. This innovative Stock Optimization method transforms the processes of replenishment and allocation by combining regular forecasting with promotional forecasting. Many retailers often adhere to basic pricing strategies that rely heavily on fixed gross margins. However, the effectiveness of initial pricing can only be judged once actual trading begins and sales data is collected. The Pricing Lifecycle framework plays a pivotal role in protecting brand integrity and margin while ensuring that price perceptions remain favorable. By incorporating data analysis, pricing strategies, and optimization tactics, businesses can identify the best price across all channels on a daily basis. Additionally, this methodology allows for simulations that evaluate the potential effects on sales, margins, and price perception of various choices prior to their execution. This groundbreaking approach has the potential to boost revenue and gross margins by 2% to 6%, establishing a new benchmark in the retail sector. Furthermore, this holistic solution grants retailers the flexibility to respond more effectively to market fluctuations, thereby ensuring their sustained competitiveness in a rapidly changing environment. This adaptability not only enhances operational efficiency but also fosters customer loyalty in an increasingly discerning market.

Media

Media

Integrations Supported

SAP Business Technology Platform
SAP CPQ
SAP Commerce Cloud
SAP ERP
SAP S/4HANA

Integrations Supported

SAP Business Technology Platform
SAP CPQ
SAP Commerce Cloud
SAP ERP
SAP S/4HANA

API Availability

Has API

API Availability

Has API

Pricing Information

$37,020 per year
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SAP

Date Founded

1972

Company Location

Germany

Company Website

www.sap.com/products/crm/variant-configuration-and-pricing.html

Company Facts

Organization Name

Profimetrics

Date Founded

2006

Company Location

Portugal

Company Website

www.profimetrics.com

Categories and Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Categories and Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

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