Pricing Management Module - Discounts, Concurrency and Fund Control in 365 F&SCM 10.0.33 - Oleksiy K

This informative video explores the different discount concurrency modes within a price component code, allowing businesses to specify how discounts are combined or compete with each other. The video uses the example of a pricing component code for seasonal promotion events and explains how multiple discount rules can be built within it. The video goes on to describe the five different concurrency modes: exclusive, best price, compounded, always apply, and price attribute combination rank, and how they interact with each other. The video is a great resource for businesses looking to optimize their discount management strategy and ensure their customers receive the best possible deals. Video also provides an overview of the concept of fund control in the context of sales order transactions. Fund control is an effective mechanism for businesses to manage their budgets by linking a specified amount to a list of discounts. The fund balance summary can be easily monitored, allowing the business to keep track of the budget expenditure in real-time. When a sales order transaction is executed, the amount consumed is directly traced back to the fund balance summary. If the amount applied exceeds the discount budget balance, the surplus amount will not be processed. By leveraging fund control, businesses can effectively manage their discount budgets and ensure efficient allocation of resources.