JD Edwards EnterpriseOne Advanced Pricing

The ability to refine or replace pricing and purchasing strategies swiftly and effectively in response to changing market conditions is an advantage in the marketplace. Companies that react slowly give the competition an unearned advantage. To react quickly to changing pricing and purchasing conditions, a company needs a flexible price and cost adjustment system.

The benefits of implementing a flexible price and adjustment system include:

• Improving profitability and competitiveness through more accurate pricing by market sectors and product characteristics.

• Enabling sales and marketing organizations the freedom to develop pricing strategies to target different market sectors.

• Providing the ability to react promptly and effectively to a competitor's pricing strategies and to marketing conditions.

• Providing the ability to take advantage of suppliers' cost adjustments when your order meets certain requirements.

JD Edwards EnterpriseOne systems enable you to adjust base pricing using one of two price adjustment solutions:

• Base pricing, or the standard price adjustment application, which is available with Sales Order Management.

  You should use standard price adjustments if the company pricing procedures do not require the features that are offered by Advanced Pricing.

• Advanced Pricing, which is integrated with the base price architecture.