This article would discuss about enabling Dynamic Pricing/Advanced Pricing Capabilities in Siebel.
By default, Siebel uses Basic Pricing as its base pricing procedure followed.
In order to enable & use advanced pricing procedure, quite a few configuration changes are required as listed below:
1) First & foremost requirement is, you need to have Siebel Dynamic Pricer License.
2) You need to activate all the workflows related to your Pricing Configuration Requirement.
A complete technical reference is available in the Siebel Pricing Administration Guide
Siebel 8: http://download.oracle.com/docs/cd/B40099_02/books/PriceAdm/PriceAdmTOC.html
3) Apart from this, you may need to activate other workflows available in the Order Management Infrastructure Guide
4) Need to modify various signals which point to Basic Pricing Procedure, to enable Dynamic Pricing.
For this, follow the detailed guidelines of Tech Note 643 or Document Id: 473914.1 on Oracle Metalink 3.
When you complete the above 4 steps, your environment would be successfully configured for Dynamic Pricing or Advanced Pricing Capabilities.
UPDATEFor Siebel 8.1.1.x & above version, you can enable dynamic pricing at a single click...read more!
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