Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Luca's innovative pricing engine harnesses artificial intelligence to analyze sales trends and market data, enabling informed decisions regarding pricing and promotions. To formulate a comprehensive pricing strategy, integrate a mix of both category-specific and overarching business objectives along with established guidelines. Incorporate competitor price limits, desired profit margins, rounding rules, and other relevant parameters while considering how these constraints influence each SKU. Establish a clear north star for your pricing goals, balancing the trade-off between maximizing revenue and ensuring profitability. Additionally, employ an AI-driven matching algorithm that identifies both exact and partial product matches, allowing businesses to competitively price not only directly comparable items but also reasonable alternatives. Set a pricing adjustment schedule that aligns with your operational needs and assess the anticipated effects of each modification at both the SKU and overall business level. Encourage collaboration by inviting your entire team to access the Luca dashboard, fostering joint decision-making. With a detailed metrics dashboard, eliminate uncertainty by gaining insights into the expected outcomes of each pricing adjustment, ensuring that your strategies are data-driven and effectively aligned with market demands. This holistic approach empowers organizations to adapt swiftly and strategically to changing market conditions.
Description
SAP Variant Configuration and Pricing integrates two cloud-native offerings within the SAP Business Technology Platform to manage intricate product modeling and real-time pricing without altering the core of your ERP system. The Variant Configuration component allows users to establish characteristics, dependencies, and constraint rules for products in SAP ERP or S/4HANA, transferring that knowledge to the cloud to provide an interactive configuration experience that is aware of rules, complete with pre- and post-processing extension hooks. Meanwhile, the Pricing component takes in replicated sales pricing information, implements SAP's condition-technical rules alongside external condition sources and custom pricing formulas, calculating prices for both configurable and non-configurable items based on documents or without state, supporting various calculation methods such as percentage, fixed amounts, and quantity-based approaches while retaining the results of runtime pricing. Additionally, both components feature extension interfaces that facilitate variant functions and pricing routines, ensuring a smooth integration process from start to finish, allowing businesses to adapt and scale their pricing strategies effectively. This innovative approach enhances flexibility and responsiveness to market demands, ultimately driving better business outcomes.
API Access
Has API
No
API Access
Has API
No
Integrations
SAP S/4HANA
Yes
Amazon
Yes
Amplitude
Yes
BigCommerce
Yes
Databricks
Yes
Fivetran
Yes
Google Analytics
Yes
Magento
Yes
Microsoft Dynamics 365
Yes
NetSuite
Yes
Integrations
SAP S/4HANA
Yes
Amazon
No
Amplitude
No
BigCommerce
No
Databricks
No
Fivetran
No
Google Analytics
No
Magento
No
Microsoft Dynamics 365
No
NetSuite
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$37,020 per year
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Luca
Country
United States
Website
www.askluca.com
Vendor Details
Company Name
SAP
Founded
1972
Country
Germany
Website
www.sap.com/products/crm/variant-configuration-and-pricing.html
Product Features
Pricing Optimization
Channel Analysis
No
Competing Product Analysis
No
Forecasting
No
Market Analysis
No
Multi-Store Management
No
Price List Management
No
Price Optimization Automation
No
Pricing Analytics
No
Profitability Analysis
No
Scenario Planning
No
Product Features
Pricing Optimization
Channel Analysis
No
Competing Product Analysis
No
Forecasting
No
Market Analysis
No
Multi-Store Management
No
Price List Management
No
Price Optimization Automation
No
Pricing Analytics
No
Profitability Analysis
No
Scenario Planning
No