Hello Oracle Retail Fans. This article is in continuation of our parent article on RPM Deep Dive Tutorial. It is important to understand the RPM Navigational steps before diving deep in RPM Application and its functionalities. In this article, we’ll be talking first about a high-level overview about RPM Application and then it's all navigation steps.
1. RPM – Overview
Oracle Retail Price Management (RPM) is a highly configurable, strategy-based pricing solution that suggests and assists with pricing decisions. RPM application empowers retailers to automate and streamline pricing strategies across the organization, yielding a more predictable and profitable outcome. RPM supports three types of changes, Regular Price Changes, Temporary Markdowns/Promotions, and Permanent Markdowns/Clearance Changes. It also provides semi-automated pricing functionality through the execution of a pricing strategy. Pricing strategies allow the retailer to define parameters that will propose retail prices based on competitive information, margin targets, or clearance objectives.
RPM is part of the Oracle Retail Enterprise footprint. It uses several methods of integration; RIB, Batch, RETL and RSL. RPM is the system of record for all retail pricing. However, it supports the importing of retail pricing from the Store Inventory Management System (SIM) as well as legacy applications.
2.RPM – Navigation Basics
Following are the step by step navigation details about RPM Application
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Please do let me know if you have any question or comments. In next article, we will be discussing RPM System Options and System Defaults in detail.
About Nagesh Mishra
Nagesh Mishra - A Passionate Oracle Retail Certified Professional with more than 17 years of overall experience in IT industry and more than 15 years of domain expertise in Oracle Retail Applications. Worked extensively in diversified fields of Product Implementation, Business Consulting, Pre-Sales, Application Software Development, Maintenance and Support and Re-Engineering Oracle Retail projects.
2 comments :
Good information,
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