Updated: December 6, 2023 9:11am

Node Preferences - Merchandise - Price Manager

Preference Description
Default Update Time for Planned Markdowns This preference determines the time that is suggested when a user is creating a planned markdown using Price Manager. The default time is 00:00. If the user creating the markdown leaves the default, Planned Markdowns will be updated at 12:00 a.m. on the markdown's Start Date. Click the button to select a different default time for the update. It is important to note that the preference is ONLY used to suggest the default time of day that will appear when trying to schedule a markdown. Users can modify the time if needed. All price updates occur at the same time throughout the enterprise. Example: If a markdown is scheduled to occur at 5 a.m., it will update New York stores at 5 a.m. (EST) and Hawaii stores at 11pm (HST) on the night before
Price Plan Authority This preference enables retailers to specify which installation within the Prism enterprise is the authority for scheduled price changes. A price plan is a set of markdowns of prices made with Price Manager that is scheduled to take effect on a certain date. The Price Plan Authority preference helps ensure that adjustment memos are created by the correct installation. This setting does not apply when the ‘Update Now' option is used.
  • Any installation which receives adjustments via replication profiles can reverse an adjustment memo.
  • If a non-Price Plan Authority manually reverses a markdown a request is sent to the PPA to actually reverse the adjustment memos. Inventory prices will only be adjusted by the PPA.
  • If the Adjustment memos themselves are reversed they will affect inventory through the normal Adjustment replication process..

Sample Merchandise - Price Manager preferences
Price Manager preferences