Streamline Pricing Strategies to make informed decisions
Set an effective pricing strategy to achieve financial objectives at the right time with Rizing’s LifeCycle Pricing (LCP). This tool streamlines the execution of pricing strategies allowing merchants to make informed decisions to help manage category profitability, perception, and/or market share.
Overview
Gain Efficiencies
Manage all pricing rules and shop configurations in a single place. Automatic Price Equalization means reduced time on manual calculations for private label pricing.Real time integrations to SAP optimizes pricing roll out to locations.
Increase Profits
Simulation functionality recommends the right discount for the correct product, in the right channel, during the right time, to meet inventory and profit goals. LCP also prevents overlap pricing from existing and upcoming promotions and offers.
Better User Adoption
Fiori tiles integrated with business process flows allows for greater user adaptability, with integrated SAP Enable Now contextual help. The mobile functionality easily captures pricing and updates merchants in real time.
Details
Solution type
Extensions and Add-ons
Industry
Retail
Compatibility
Works with
Features
Centralized Price Rules Engine
A configurable Pricing Rules Engine that provides flexibility to prioritize rules based on pricing strategy. Manage all pricing rules and shop configurations in a single place.
Insight Driven Price Proposals
System driven price proposals based on your pricing strategy by category, competitor, and/or competitor location, to achieve your gross margin objectives.
Reporting and Analytics
Standard reporting provides historical data as well as up to the date pricing information. Facilitate strategic decision making with detailed analytics.
Plans and pricing
LifeCycle Pricing Starter Package
90-day full use licenses
Implementation services not included
Price unavailable in this region90-day full use licenses
Implementation services not included
Rizing Subject Matter Expertise
Leverage our Rizing subject matter expertise in Retail and SAP Cloud Platform to implement and tailor the solution for your specific needs
Price upon requestLeverage our Rizing subject matter expertise in Retail and SAP Cloud Platform to implement and tailor the solution for your specific needs
Customer reviews
Technical Information
| Solution type | Extensions and Add-ons |
| Category | Financial Planning and Analysis |
| Industry | Retail |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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Resources
LCP DataSheet
Publisher
Rizing Solutions Canada Inc
Rizing, a Wipro company, specializes in enterprise asset management, human capital management and solutions for consumer Industries. We’re leading the way to the intelligent enterprise by enabling clients to innovate using SAP solutions and our own proprietary applications built on SAP technology.
