The Price Management module in PIM allows you to manage item retail prices for all available locations. Using the module, you can perform the following activities:
- Set up item retail prices: recommended retail, minimum retail and maximum retail
- Set up item cost, negotiated cost and vendor settings
In the Price Management module, you update prices not individually for separate items, but for groups of items in bulk. Item groups are organized by the taxonomy criteria. You can set up prices for the following groups:
Once the retail prices and costs are set up, this data can be sent from the head office down to channels.
The Price Management menu is available for users with the Head Office role only. For more information on PIM roles, see PIM User Roles.
For information on how to work with the Price Management module, see the following sections:
