What is 'price fixation' in SAP CA-GTF-CPE - Commodity Pricing Engine?

price fixation - Overview

• Component: CA-GTF-CPE

• Component Name: Commodity Pricing Engine

• Description: A process in which you define price fixation options and subsequently exercise them at a later time. The agreed fixed prices are then used during the net price calculation.

price fixation - Details

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  Key Concepts: 
  Price fixation is a feature of the Commodity Pricing Engine (CPE) component of SAP's Global Trade and Financial (GTF) module. It allows users to set a fixed price for a commodity, regardless of market fluctuations. This ensures that the price of the commodity remains consistent over time.
  
  How to use it: 
  The CPE component of SAP GTF allows users to set a fixed price for a commodity. This is done by entering the desired price into the CPE system. Once the price is set, it will remain fixed regardless of market fluctuations. This ensures that the price of the commodity remains consistent over time.
  
  Tips & Tricks: 
  When setting a fixed price for a commodity, it is important to consider the current market conditions and any potential future changes that may affect the price. Additionally, it is important to monitor the fixed price regularly to ensure that it remains competitive in the market.
  
  Related Information: 
  The CPE component of SAP GTF also provides features such as pricing rules, discounts, and promotions. Additionally, users can use the CPE to track and analyze pricing trends in order to make informed decisions about pricing strategies.