![](https://rizing.com/wp-content/uploads/2022/12/retail-pricing-new-photo.jpg)
LifeCycle Pricing
Set the right price every time.
Rizing’s LifeCycle Pricing helps merchants make efficient, informed pricing decisions with an entire suite of retail pricing processes in one easy-to-reference location. LCP integrates into your SAP environment and reads SAP master data, TLOG, price, cost, competitor, inventory, and order data. It then presents the information in a consolidated and simple interface. Merchants can review important data, set pricing plans, execute price changes, and estimate the impact on business performance.
![](https://rizing.com/wp-content/uploads/2021/12/LCP-Pricing-250x250.png)
Price Rules Management
A comprehensive set of price rules that can automate price proposals for merchants consistent with any price strategy or tactic.
![](https://rizing.com/wp-content/uploads/2021/12/LCP-Shopping-250x250.png)
Competitive Shopping
Set competitor strategies, capture competitor information, create automated competitive pricing proposals, and execute merchant pricing decisions.
![](https://rizing.com/wp-content/uploads/2021/12/LCP-Analytics-250x250.png)
Reporting and Analytics
Comprehensive data discovery and reporting helps planners make more informed business decisions and measure the impact on sales, margin, and pricing.
![](https://rizing.com/wp-content/uploads/2021/12/LCP-Benefits.jpg)
Benefits
- Sales and margin-enhancing information – Brings customer, vendor, competitor, sales, order, inventory, product, and location data into one simple software system that fully integrates with the retail price planning and execution processes
- Low total cost of ownership – Rizing-hosted tool integrates into your existing SAP environment with no or low change required
- Efficient, user-friendly tool – Simple, web-based user interface supports the entire suite of retail pricing processes in one tool with minimal clicks
- Fast speed-to-value – Merchants can use the tool to get LCP insights
Aligned with SAP
- Seamless user experience with Fiori look and feel
- Integrated contextual help using SAP Enable Now
- Built on the SAP Business Technology Platform
- Uses SAP Cloud Foundry Technology