2. What is MAP?
1. What version’s of SAP IS Retail have you worked with?
SAP IS Retail has many different versions active in market, 4.0, 4.7 and currently more common new implementations are being done in ECC 5.0 and ECC 6.0.
3. How do you do price execution in retail?
Normal Pricing in SAP IS Retail are maintained using VK11 using different condition type. Change pointers can be configured in the SAP system that will be triggered when any price change or price addition happens and these change pointers are transferred down to the POS systems using POSDM or other custom solutions. The changes can transferred to other channels like website and mobile devices using the same strategy.
Promotions are maintained via a transaction called WAK1, the pricing conditions are created and transferred down to POS or other systems.
Markdown are phased down reduction in prices, which may due to seasonal pricing, vendor sponsored price changes, effort to reduce inventory etc. Basically, markdowns provide strategy to reduce the price of a particular article in a phased down manners, equal or varying % of price being reduced at a regular intervals. SAP IS Retail provides tools to manage this. It provides tools to plan a markdown, activate and send the data down to the stores. It also provides various reports to see how the different markdowns are doing.
6. What are some of the features of Markdown tool in SAP IS Retail?
Plan markdown items, quantities, and pricesAssign storesUse markdown rules and schedules to control which items are active at what prices during each phase Slow-Seller Management tool automates markdown schedule based on inventory and timing Pre-season or in-season planning and execution Visibility to costs and key figuresFlexible ‘what-if’ simulations to achieve desired goals and margins Mass maintenance – many items, multiple levels, concurrent users can work the same markdown planAnalytics – create tailored reports to track KPIs, sell-through, and make adjustments, as neededIntegration to regular retail price management
Change pointers is a concept in SAP which allows the system to manage the changes happening to Master data, pricing or in general anything data change. Different change pointers are created and they are used to transfer the changes down to other systems like BW, POS, eBusiness, Manugistics etc.
9. What are the drawbacks of using change pointers?
One of the biggest drawback of using change pointers in a retail environment is the volume of change pointers that may get created and the ability of the system to handle those changes. Performance of batch jobs is severally affected when we have many change pointers. Proper care should be taken to create only those change pointers, which will be consumed by the system.
Space management deals with optimizing the positioning of an article on a shelf. key figures are defined that determine how the space will be managed, which is usually done based on sales data, revenue data or the gross margin.