R12.x Oracle Advanced Pricing Fundamentals Course Overview

R12.x Oracle Advanced Pricing Fundamentals Course Overview

The R12.x Oracle Advanced Pricing Fundamentals course is designed to provide learners with an in-depth understanding of the Oracle Advanced Pricing module, which is an integral part of the Oracle E-Business Suite. This course covers the fundamentals of setting up and using the Oracle Advanced Pricing application to create flexible pricing solutions for businesses. By exploring pricing strategies, price lists, formulas, modifiers, and qualifiers, students will learn how to effectively manage and adjust prices to meet both customer needs and business objectives.

The course is structured into modules that guide learners through the setup steps, configuration, and management of pricing entities. It emphasizes the practical application of features such as multicurrency price lists, pricing agreements, and price books, while also addressing critical concepts like pricing security and attribute management. Moreover, the training delves into diagnostics and troubleshooting to ensure learners can identify and resolve pricing-related issues.

Upon completion, participants will have gained the knowledge necessary to implement and maintain advanced pricing strategies, optimize the pricing engine, and enhance their organization's pricing capabilities within the Oracle E-Business Suite environment.

This is a Rare Course and it can be take up to 3 weeks to arrange the training.

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♱ Excluding VAT/GST

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Course Prerequisites

Certainly! Here are the minimum required prerequisites for successfully undertaking training in the R12.x Oracle Advanced Pricing Fundamentals course:

  • Basic understanding of the Oracle E-Business Suite environment.
  • Familiarity with navigation within the Oracle Applications framework.
  • Knowledge of fundamental business processes related to sales order management and pricing is advantageous.
  • Experience with Oracle Order Management and Inventory modules can be helpful but is not mandatory.
  • Basic understanding of the concepts of currency and units of measure as they relate to pricing.
  • Comfort with using desktop software applications like spreadsheets and word processors.
  • Analytical skills to map business pricing requirements to system configurations.

These prerequisites are designed to ensure that students have a foundational understanding that will enable them to grasp the course material effectively and apply it in practical scenarios.

Target Audience for R12.x Oracle Advanced Pricing Fundamentals

The R12.x Oracle Advanced Pricing Fundamentals course is designed for professionals involved in pricing strategies and setups in Oracle systems.

  • Oracle Functional Consultants
  • Pricing Analysts
  • ERP Specialists
  • IT Business Analysts
  • Oracle Technical Developers
  • Sales Operations Managers
  • Product Managers
  • Pricing Managers
  • Revenue Managers
  • E-Business Suite Practitioners
  • Supply Chain Analysts
  • Business Intelligence Analysts
  • Oracle E-Business Suite Implementers
  • IT Project Managers overseeing Oracle EBS implementations
  • Systems Integrators working with Oracle EBS
  • Financial Controllers involved in pricing decisions

Learning Objectives - What you will Learn in this R12.x Oracle Advanced Pricing Fundamentals?

Introduction to the R12.x Oracle Advanced Pricing Fundamentals Course Learning Outcomes

Gain expertise in Oracle Advanced Pricing, from setup to security, through understanding pricing concepts, structures, and the pricing engine to optimize pricing strategies.

Learning Objectives and Outcomes:

  • Understand the fundamental concepts of Oracle Advanced Pricing and its benefits to pricing strategy optimization.
  • Learn how to set up and configure Oracle Advanced Pricing, including customer and product hierarchies, and pricing controls.
  • Create, manage, and utilize price lists effectively, incorporating price breaks, multicurrency considerations, and GSA pricing.
  • Develop and apply pricing formulas, understanding component types and how to create custom pricing algorithms.
  • Define and apply list and line-level qualifiers and qualifier groups to ensure accurate pricing under specific conditions.
  • Set up and manage modifier lists and lines, understanding various types of modifiers and their application in pricing adjustments.
  • Gain knowledge on the creation and publishing of price books, including full and delta price books, and their implementation steps.
  • Learn to manage attributes within the pricing process, defining pricing transaction entities, contexts, and attributes for accurate pricing decisions.
  • Establish pricing security measures, assigning security rules, and understanding the relationship with multi-organization access control (MOAC).
  • Acquire diagnostic and troubleshooting skills for the pricing engine, including the use of the pricing engine request viewer and diagnostic tools.

These objectives and outcomes are designed to empower students with a comprehensive understanding of Oracle Advanced Pricing, enabling them to implement and troubleshoot complex pricing solutions within their organizations.