Deals are complex business processes that can significantly impact a retailer's cost structure and revenue generation. There are two primary types of deals:
Off-Invoice Deals: These deals affect the cost a retailer pays for goods purchased from a supplier. The discount amount is directly deducted from the cost of the item on the purchase order, allowing the retailer to pay only the discounted cost
Billback/Rebate Deals: These deals generate income from suppliers or partners. The retailer receives rebates or billbacks based on specific criteria, such as purchase volumes or sales thresholds
Batch Processes Supporting Deals
The deals module in RMS includes several batch processes that ensure efficient handling and processing of deals. These processes include:
- Calculate Actual Impact of Billback Deals (dealact): This process calculates the actual income from billback deals and updates the deal actuals table at the item/location level
- Calculate Weekly/Monthly Income Based on Turnover (dealinc): This process generates income for each item/location based on turnover and updates the actuals table with the calculated income value
- Close Expired Deals (dealcls): This background job closes expired deals to ensure they are no longer active in the system
- Daily Posting of Deal Income to Stock Ledger (dealday): This process posts the daily deal income to the stock ledger, ensuring accurate financial reporting
- Purge Closed Deals (dealprg): This background job purges closed deals from the system to maintain data integrity and system performance
Practical Applications
The deals module's batch processes are crucial for various practical applications:
- Financial Reporting: Accurate calculation and posting of deal income ensure reliable financial reporting.
- Inventory Management: Efficient handling of deals impacts inventory valuation and management.
- Supplier Relations: Managing off-invoice and billback deals effectively strengthens supplier partnerships and negotiations
Additional Information
For more detailed information about deals, including flow diagrams and comprehensive explanations, refer to the Merchandising Functional Library
Conclusion
The deals module in Oracle RMS is a sophisticated tool that plays a pivotal role in retail operations. By leveraging the batch processes, retailers can optimize their financial strategies, maintain accurate records, and enhance supplier relationships. Understanding and utilizing this module effectively can lead to significant improvements in retail management and profitability.
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