What is two-dimensional pricing in SAP IS-OIL-DS-SSR - Service Station Retailing?

SAP Term: two-dimensional pricing

• Component: IS-OIL-DS-SSR

• Component Name: Service Station Retailing

• Description: A tool that allows maintenance of multiple condition record data on a single screen. Each screen is matrix-based and both the rows and columns of the matrix are freely-definable. You can use two-dimensional pricing, for example, to maintain competitor and your own prices of all materials sold at a location in a single screen. After changing a price at one point for example, a business location/ material/ service type combination, you can choose to update all or a selection of the other prices.

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• Key Concepts: 
  Two-dimensional pricing is a pricing strategy used in the IS-OIL-DS-SSR Service Station Retailing component of SAP. It allows for the pricing of products and services to be based on two different criteria, such as quantity and location. This allows for more flexibility in pricing and can help to maximize profits. 
  
  How to use it: 
  Two-dimensional pricing can be set up in the SAP system by creating a pricing condition record. This record will contain the criteria that will be used to determine the price of a product or service. The criteria can include factors such as quantity, location, customer type, and more. Once the record is created, it can be applied to any product or service that meets the criteria. 
  
  Tips & Tricks: 
  When setting up two-dimensional pricing in SAP, it is important to consider all of the factors that could affect the price of a product or service. This includes factors such as customer type, location, and quantity. Additionally, it is important to consider how these factors interact with each other when setting up the pricing condition record. 
  
  Related Information: 
  Two-dimensional pricing is just one of many pricing strategies available in SAP. Other strategies include volume discounts, tiered pricing, and promotional pricing. Additionally, there are many other components of SAP that can be used to manage pricing, such as the Sales and Distribution module.