BRM Pricing Foundation with Pricing Design Center refers to a solution provided by Oracle for managing pricing strategies and processes within the Oracle Billing and Revenue Management (BRM) system.
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Flexible Pricing Models: Ability to define and manage complex pricing models, rate plans, and discounts.
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Visual Design Interface: Graphical user interface for designing and configuring pricing strategies without extensive programming knowledge.
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Rule-Based Pricing: Support for rule-based pricing, allowing businesses to define eligibility rules and conditions for applying pricing discounts and promotions.
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Real-Time Pricing: Capability to calculate and apply pricing adjustments in real-time based on customer interactions and business rules.
Before learning BRM Pricing Foundation with Pricing Design Center, it's beneficial to have the following skills:
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Understanding of Pricing Concepts: Familiarity with pricing strategies, models, and concepts in the context of business and revenue management.
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Oracle BRM Fundamentals: Basic knowledge of Oracle Billing and Revenue Management (BRM) platform architecture, functionalities, and modules.
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Data Analysis: Proficiency in analyzing data and understanding customer behavior, market trends, and revenue patterns.
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Database Management: Understanding of relational databases and SQL queries for retrieving and manipulating data within the BRM system.
By learning BRM Pricing Foundation with Pricing Design Center, you gain the following skills:
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Pricing Strategy Design: Ability to design and implement complex pricing strategies tailored to business goals and customer needs.
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Configuration Management: Skills in configuring and managing pricing components such as rate plans, discounts, and promotions within the Oracle BRM system.
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Rule-Based Pricing: Proficiency in implementing rule-based pricing logic to determine eligibility and apply discounts and promotions dynamically.
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Visual Design Interface: Mastery of the graphical user interface (GUI) tools provided by Pricing Design Center for visualizing and configuring pricing strategies without extensive programming knowledge.
