LifeCycle Pricing

Setting effective every day and markdown prices to achieve financial and price image objectives is a critical retail capability.  However, as retail executives know all too well, most pricing decisions require a trade-off between margin and price perception.  Effectively driving decision-ready insights from vast retail data is the key.

Rizing LCP is a software-as-a-service (SaaS) tool built to pre-integrate into your SAP environment.  LCP reads SAP master data, TLOG, price, cost, competitor, inventory, and order data and presents the information in a consolidated, simple, and user-friendly interface enabling merchants to easily review important data, set pricing plans, execute price changes, and review the impact on business performance.

  • Price Workbench
  • Competitive Shopping
  • Price Rules Management
  • Pricing Analytics
  • Sales and margin-enhancing decision-ready information – rings customer, vendor, competitor, sales, order, inventory, product, and location data into one simple software system, fully integrated with the retail price planning and execution processes
  • Low total cost of ownership – Rizing hosted tool built to integrate into your existing SAP environment with no or low change required
  • Efficient, user-friendly tool – Simple, web-based user interface designed to support the entire suite of retail pricing processes in one tool with minimal clicks
  • Fast speed-to-value – Merchants can leverage the tool to start gaining LCP insights

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