Scenario: Associating additional price type to an item

This business scenario illustrates how a pricing administrator would associate additional price types to an item using the price types feature in Sterling Business Center.

A customer arrives at the checkout to pay for a laptop and the pricing administrator offers a free anti-virus installation on the new laptop. The customer accepts the offer and makes the payment.

Once the payment is done, the customer requests for the renewal of the anti-virus every year and would like to choose an auto renewal of the anti-virus software yearly. In release 9.5, Sterling Business Center enables the pricing administrator to handle such business scenarios by creating additional price type and associating it with the corresponding item based on the customer needs and requirements.

To handle the above business scenario, the pricing administrator has to first create a price type recurring interval that recurs every year, and then, create a price type, and assign it to the corresponding item. For example, the pricing administrator may first create a recurring interval called Yearly and then, create a new price type called Renewal and assign it to the corresponding item as shown below:

Table 1. Scenario: Creating a new recurring interval
User action Sterling Order Management System Software features
Logs in to Sterling Business Center as a system administrator or a system setup administrator. Sterling Business Center enables you as an administrator to customize various aspects of an application, complete configuration-related tasks for an application.
Navigates to the System Setup Home page The System Setup home page provides hyperlinks that enable you as an administrator to customize various aspects of an application, complete configuration-related tasks for an application.
Expands the Pricing menu, and clicks Recurring Interval Sterling Business Center enables you as an administrator to create the recurring interval that are used during the creation of price types. You can manage the recurring interval by using the Price Type Recurring Interval screen.

You as an administrator can add the pricing type recurring interval by using the Price Type Recurring Interval screen.
Clicks the Add icon in the Price Type Recurring Interval screen Sterling Business Center enables you as an administrator to specify the Recurring Interval identifer, Recurring Interval Name, and the Recurring Interval Description in the New Value dialog box.
Creates a new Recurring Interval called Yearly Sterling Business Center enables you as an administrator to associate the newly created Recurring Interval with a price type.

You as a system administrator can create such additional recurring intervals for price types based on the business need and requirement.
Table 2. Scenario: Creating a new price type and assigning it with the newly created recurring interval
User action Sterling Order Management System Software features
Logs in to Sterling Business Center as a pricing administrator Sterling Business Center enables you as an administrator the ability to store and maintain all the pricing and promotions data at the Pricing Organization.
Navigates to the Pricing Home page The Pricing home page enables you to perform various administration tasks. The tasks are grouped under their related business objects, which are in turn grouped under various modules.
Selects New Price Type in the pricing dashlet Sterling Business Center enables you as a pricing administrator to create a new price type by using the Create Price Type screen.

You as an administrator can specify the Price Type ID, select the recurring type to be used for the price type and enter a brief description of the price type.
Creates a new price type called Renewal and sets the recurring type as Yearly Sterling Business Center enables you as a pricing administrator to create such additional price types for items based on the business need and requirement.
Table 3. Scenario: Associate corresponding item to the price type.
User action Sterling Order Management System Software features
Logs in to Sterling Business Center as a pricing administrator Sterling Business Center enables you as an administrator the ability to store and maintain all the pricing and promotions data at the Pricing Organization
Navigates to the Pricing Home page The Pricing home page enables you to perform various administration tasks. The tasks are grouped under their related business objects, which are in turn grouped under various modules.
Selects Find Price Type in the pricing dashlet Sterling Business Center enables you as a pricing administrator to search for the existing price types by using the Price Type Search.

You as an administrator can specify the search criteria and search for the corresponding price type.
Searches for the newly created price type called Renewal The price types matching the search criteria are displayed.
Clicks the Price Type ID hyperlink or double-clicks the row corresponding to the price type. As a pricing organization administrator, you can associate items or categories to the price type using the Price Type Details screen.
Clicks add in the Items panel Sterling Business Center enables you as a pricing administrator to search for the items using the Item Search dialog box.
Selects the corresponding item Sterling Business Center enables you as a pricing administrator to associate the corresponding item to the price type as per the business need and requirement.