Glossary > —G— > Global Settings > Global Settings — Pricing
Global Settings — Pricing
A method of applying a configuration parameter at the system level. Global settings can be used to do the following:
Enable or disable features
Define limits and boundaries to sets of data
Control parameters used during processing
These are a few of the more common global settings that apply to the Pricing module. Contact your Technical Support representative for assistance configuring global settings in your installation of Servigistics.
DISPLAY_AUTOPILOT_MENU_RUN_CUSTOM_PROCESS 
Description
Determines whether the Run Custom Process tab on the AutoPilot page is enabled.
Valid options are:
When set to true the tab and functionality is enabled.
When set to false the tab and functionality is not available.
Default Value
false
How Used
This global setting is used with the Run Custom Process tab on the AutoPilot page.
ENABLE_CONFIGURABLE_PRICE_OFFSET_CODES 
Description
Determines whether the Price Offset Management feature is enabled.
Valid options are:
When set to true the feature is enabled.
When set to false the feature is not available.
Default Value
false
How Used
This global setting is used with the Price Offset Management feature.
ENABLE_PRC_FEEDBACK_MANAGEMENT 
Description
Determines whether the Price Feedback Management feature is enabled.
Valid options are:
When set to true the feature is enabled.
When set to false the feature is not available.
Default Value
false
How Used
This global setting is used with the Price Feedback Management feature.
ENABLE_PRC_TRANSACTIONS 
Description
Enables the Price Transactions functionality.
When set to true, the functionality is enabled.
When set to false, the functionality is not enabled.
Default Value
true
How Used
This global setting impacts the following pages:
PRC_APPLY_CUST_PRICE_OFFSETS 
Description
Determines when the following processes are available:
The Apply Price Offset Codes process on the Configurable Price Offset Codes page.
The Apply Configurable Price Offsets process on the AutoPilot page.
Valid options are:
When set to true the processes are available.
When set to false the processes are not available.
Default Value
false
How Used
This global setting is used with the Price Offset Management feature.
PRC_DATA_STAGE_DAYS 
Description
Defines the number of days a price must stay constant before advancing to the next calibration data stage.
In cases where aggregated monthly demand is used, there is one demand record on the first of each month. In that case, setting this to 3 would be the equivalent of 3 months rather than the default value of 90 days.
Default Value
90
How Used
This global setting is used with the Elasticity feature.
PRC_DATA_STAGE_MIN_CHANGE 
Description
Defines the minimum change between different prices required to advance to the next calibration data stage.
Default Value
0.08
How Used
This global setting is used with the Elasticity feature.
PRC_DEF_FMU 
Description
The Default Factory Markup. This is used by the Pricing optimizer to calculate the consolidated maximum profit price.
Default Value
1
How Used
This global setting is used with the Elasticity feature.
PRC_DEF_LCMU 
Description
The Pricing optimizer first tries to calculate LCMU as Standard Cost / Supplier Cost. If Supplier Cost is 0 or null, then this global setting value is used.
Default Value
1
How Used
This global setting is used with the Elasticity feature.
PRC_MAX_OPT_HIST 
Description
Defines the maximum number of months of demand or price history used during the Elasticity calculation.
Default Value
12
How Used
This global setting is used with the Elasticity feature.
PRC_MIN_DEMAND_THRESH 
Description
If set to any value > 0 and the average monthly volume for a pair is less than this value, then average monthly volume is set to 0. This leads to revenue and profit being calculated as 0.
Default Value
0
How Used
This global setting is used with the Elasticity feature.
PRC_NEW_DEMAND_AVG_WEIGHT 
Description
The Smoothed Average Volume output of the Pricing optimizer is calculated by iterating through demand history. For each demand record, set the average to the average at the previous record, multiplied by (1 – this setting) and add it to the current demand record multiplied by this setting.
Default Value
0.2
How Used
This global setting is used with the Elasticity feature.
PRC_NEW_DEMAND_TREND_WEIGHT 
Description
The Trend output of the Pricing optimizer is calculated by iterating through demand history. For each demand record, set the trend to the trend at the previous record, multiplied by (1 – this setting) and add it to the current demand record multiplied by this setting.
Default Value
0.8
How Used
This global setting is used with the Elasticity feature.
PRC_NEW_MAD_WEIGHT 
Description
The Mean Absolute Deviation is calculated in a similar fashion to trend. This setting is the weight for the difference between the current and previous demand, against the previously accumulated MAD.
Default Value
0.3
How Used
This global setting is used with the Elasticity feature.
PRC_OFFSET_REF_PRICE 
Description
Determines the Reference Price to be used for the Price Offset Management feature.
Valid options are any Price Bucket column name from the IPCS_PRICING_BUCKET table where the PricingBucketType = p.
Default Value
StandardPrice
How Used
This global setting is used with the Price Offset Management feature.
PRC_OPT_GOVERN_PRICE 
Description
Defines whether to apply Price Limiters in the Pricing optimizer.
When true, Price Limiters are applied.
When false, Price Limiters are not applied.
Default Value
true
How Used
This global setting is used with the Elasticity feature.
PRC_OPT_PRICE_LB_PCT 
Description
The reasonable Lower Bound for the Maximum Profit Price, local and consolidated. Maximum Profit Price (local and consolidated) both are checked and adjusted based on the lower bound percentage if the global setting value is set (that is > 0).
Default Value
0.05
How Used
This global setting is used with the Elasticity feature.
PRC_OPT_PRICE_UB_PCT 
Description
The reasonable Upper Bound for the Maximum Profit Price, local and consolidated. Maximum Profit Price (local and consolidated) both are checked and adjusted based on the upper bound percentage if the global setting value is set (that is > 0).
Default Value
1
How Used
This global setting is used with the Elasticity feature.
PRC_OPT_VOL_LB_PCT 
Description
The reasonable Lower Bound for the calculated expected volume , local and consolidated. Expected Volume (local and consolidated) both are checked and adjusted based on the lower bound percentage if the global setting value is set (that is > 0).
Default Value
1
How Used
This global setting is used with the Elasticity feature.
PRC_OPT_VOL_UB_PCT 
Description
The reasonable Upper Bound for the calculated expected volume , local and consolidated. Expected Volume (local and consolidated) both are checked and adjusted based on the upper bound percentage if the global setting value is set (that is > 0).
Default Value
1
How Used
This global setting is used with the Elasticity feature.
PRC_POL_ENGINE_LOG_KEEP_DAYS 
Description
Determines the number of days records resulting from running the Pricing Engine process are retained in the system.
When set to 0 (zero), records resulting from running the Pricing Engine process are not purged.
When set to a number greater than 0 (zero), records resulting from running the Pricing Engine process are retained for that number of days. Records that are older than the number specified are purged.
For example, if PRC_POL_ENGINE_LOG_KEEP_DAYS = 90, then records resulting from running the Pricing Engine process that are 91 days or older are purged.
Default Value
0
How Used
This global setting is used with the Pricing Engine AutoPilot process.
PRC_PRICE_ACTION_GATEWAY_APPLY_PRICE_OFFSETS 
Description
Determines how the import process functions.
Valid options are:
When set to true the import process takes the price record data and applies the price offsets while calculating field values.
When set to false the import process takes the price record data but it does not apply the price offsets while calculating field values
Default Value
false
How Used
This global setting is used with the Price Offset Management feature.
PRC_PROCESS_PRICE_ACTIVE_SKUS 
Description
Determines if Price Active SKUs and Price Inactive SKUs are considered by the Pricing Monthly Financial AutoPilot process.
Valid options are:
When set to true the Pricing Monthly Financial process will only consider Price Active SKUs.
When set to false thePricing Monthly Financial process considers Price Active SKUs and Price Inactive SKUs.
Default Value
true
How Used
This global setting is used with the Pricing Monthly Financial AutoPilot process.
PRC_TRY_POWER 
Description
Determines how the Pricing optimizer attems to fit a cure to the demand and pricing data.
When set to true, the Pricing optimizer attempts to fit a power curve to the demand and pricing data.
When set to false, the Pricing optimizer attempts to fit a line to the data.
There must be more than two valid price points to calculate an exponential curve.
Default Value
true
How Used
This global setting is used with the Elasticity feature.
PRC_USE_CUSTOM_OFFSETS 
Description
Determines when the Custom Offset propagation mode is available to select on the Pricing Policy.
When set to true, the option is not shown in the Propagation Mode dropdown.
When set to false, the option is not available.
Default Value
true
How Used
This global setting is used with Propagation Modes.
USE_SKU_PRICING_BUCKET_CUSTOM_OFFSETS 
Description
Determines the method for populating the System Defined Price Offsets % field on the Pricing Worksheet.
When set to true, the System Defined Price Offsets % field for the Price Stream is populated with Price Offset Code Adjustment percentages when the current system date is between the Effective and End Dates of the Price Offset Code. Calculated as (1 + System Defined Price Offsets %)
When set to false, the System Defined Price Offsets % field for the Price Stream is populated with the Reference Price Offset, calculated based on the Current Price Stream prices.
Default Value
false
How Used
This global setting is used with the Price Offset Management feature.
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