02 — Capability · BC-470.20
Price Setting & Maintenance
Set the list prices, keep every price book and currency variant consistent with them, and change prices through a controlled process that reaches every system and customer that needs to know.
- List Price Management
- Price Book Management
- Price Administration
In scope
- List price determination and margin floors
- Price books by region and currency and channel
- Price change governance and communication
- Price data accuracy across systems
Out of scope
- Currency hedging decisions (see BC-230)
- Master data platform operation (see BC-750)
Realized by · 1
Used in · 3
Build it · 0
- Nothing in the library points here yet.
Decomposes into · 4
- BC-470.20.10List Price DeterminationSet the published price for each product and service from strategy, cost and margin floors, with an owner and an effective date.
- BC-470.20.20Price Book MaintenanceMaintain regional, currency and channel price books derived from the list, and keep their differences deliberate and documented.
- BC-470.20.30Price Change GovernanceApprove, schedule and communicate price changes so customers, sellers and systems learn of them in the right order and at the same time.
- BC-470.20.40Price Data IntegrityVerify that the price in every quoting, commerce and billing system matches the approved one, and correct drift before a customer finds it.