What is price change group in SAP IS-R - SAP for Retail?

SAP Term: price change group

• Component: IS-R

• Component Name: SAP for Retail

• Description: Retail Group of table fields for example, material number, material group, for which a new pricing is performed in the trading contract after you have made changes to the fields.

Smart SAP Assistant

• Key Concepts: 
  Price change groups are used in SAP for Retail to manage price changes. They are used to define the conditions under which a price change should be applied, such as the type of item, the date range, and the amount of the change. Price change groups can be used to apply a single price change to multiple items or to apply different prices to different items. 
  
  How to use it: 
  To use a price change group, first create a new group in the SAP system. Then, define the conditions for the price change, such as the type of item, the date range, and the amount of the change. Finally, assign the group to the items that should be affected by the price change. 
  
  Tips & Tricks: 
  When creating a price change group, it is important to consider how it will affect other items in your system. For example, if you are creating a group that will increase prices for certain items, you should also consider how this will affect other items that are related to those items. 
  
  Related Information: 
  For more information on using price change groups in SAP for Retail, please refer to SAP's official documentation on pricing in retail.