ORGANIZATIONAL SETTINGS FOR A PRICE PLANNING WORKBENCH

• US 20080243578A1
• Filed: 06/06/2008
• Published: 10/02/2008
• Est. Priority Date: 03/08/2004
• Status: Active Grant

• Current Assignee: SAP SE
• Original Assignee: SAP AG (SAP SE)
• Inventors: Veit, Thomas
• Granted Patent: US 7,798,399 B2
• Time in Patent Office: Days
• US Class Current: 705/8
• CPC Class Codes: G06Q 10/04 Forecasting or optimisation specially adapted for administrative or management purposes, e.g. linear programming or "cutting stock problem" market predictions or forecasting for commercial activities G06Q30/0202
• CPC Class Codes: G06Q 30/0205 Location or geographical consideration
• CPC Class Codes: G06Q 30/0206 Price or cost determination based on market factors
• CPC Class Codes: G06Q 30/0283 Price estimation or determination

Abstract

A method for defining a price planning schedule according to one or more organization settings. The method includes receiving a first organization setting for at least one article. The first organization setting is configured to be a default organization setting. The method also includes receiving a pricing level for the first organization setting for the at least one article and receiving at least a second organization setting for the at least one article. Further, the method includes receiving a second pricing level for the second organization setting and generating a first price planning schedule based on the first organization setting and the second organization setting for the at least one article. The method also includes receiving a pricing signal from a slow seller management system and adjusting at least one of the pricing level and the second pricing level based on the pricing signal. The method includes generating a second price planning schedule based on adjusting at least one of the pricing level and the second pricing level.

Claims

1. A method for defining a price planning schedule according to one or more organization settings, comprising:

receiving a first organization setting for at least one article, the first organization setting configured to be a default organization setting;

receiving a pricing level for the first organization setting for the at least one article;

receiving at least a second organization setting for the at least one article;

receiving a second pricing level for the second organization setting;

generating a first price planning schedule based on the first organization setting and the second organization setting for the at least one article;

receiving a pricing signal from a slow seller management system;

adjusting at least one of the pricing level and the second pricing level based on the pricing signal; and

generating a second price planning schedule based on adjusting at least one of the pricing level and the second pricing level.

2. The method of claim 1, wherein at least one of the first organization setting and the second organization setting is defined based on a region of sales activity.

3. The method of claim 1, wherein at least one of the first organization setting and the second organization setting is defined based on a specific store location.

4. The method of claim 1, wherein the second organization setting is configured to be adjusted based on the output from one of a pricing implementation engine, a manual input engine, or a promotional management engine.

5. The method of claim 1, wherein the second organization setting defines a subset of the first organization setting.

6. The method of claim 1, further comprising transmitting the second price planning schedule to at least one retail location to adjust at least one product price.

7. The method of claim 1, further comprising adjusting a price planning budget based on the second price planning schedule.

8. A system for generating a price planning schedule, comprising:

an organization setting interface configured to receive definitions for a plurality of organization settings, wherein each organization setting includes an exclusive collection of articles associated with that organization setting;

a price planning workbench configured to generate a first price planning schedule based on the plurality of organization settings for articles associated with each organization setting; and

a slow seller management system configured to transmit a pricing signal to the price planning workbench;

wherein the price planning workbench is configured to generate a second price planning schedule based on the pricing signal.

9. The system of claim 8, wherein at least one of the plurality of organization settings is an organization level based on a region of sales activity.

10. The system of claim 8, wherein at least one of the plurality of organization settings is an organization level based on a specific store location.

11. The system of claim 8, wherein at least one of the plurality of organization settings is configured to be adjusted based on the output from at least one of a pricing implementation engine, a manual input engine, or a promotional management engine.

12. The system of claim 8, wherein at least one of the plurality of organization settings is a subset of at least one of the plurality of organization settings.

13. The system of claim 8, wherein the price planning workbench is configured to transmit the second price planning schedule to at least one retail location to adjust at least one product price.

14. A program product for generating a price planning schedule, comprising machine-readable program code for causing, when executed, one or more machines to perform the following method steps:

receiving a default organization setting for at least one article, the first organization setting configured to be a default organization setting;

receiving a pricing level for the first organization setting for the at least one article;

receiving at least a second organization setting for the at least one article;

receiving a second pricing level for the second organization setting;

generating a first price planning schedule based on the first organization setting and the second organization setting for the at least one article;

receiving a pricing signal from a slow seller management system;

adjusting at least one of the pricing level and the second pricing level based on the pricing signal; and

generating a second price planning schedule based on adjusting at least one of the pricing level and the second pricing level.

15. The program product of claim 14, wherein at least one of the first organization setting and the second organization setting is defined based on a region of sales activity.

16. The program product of claim 14, wherein the second organization setting is configured to be adjusted based on the output from one of a pricing implementation engine, a manual input engine, or a promotional management engine.

17. The program product of claim 14, wherein the second organization setting defines a subset of the first organization setting.

18. The program product of claim 14, further comprising adjusting a price planning budget based on the second price planning schedule.

19. The program product of claim 14, further comprising transmitting the second price planning schedule to at least one retail location to adjust at least one product price.