System and method for retail pricing within product linkages

摘要

#$%^&*AU2020205269A120200806.pdf#####ABSTRACT SYSTEM AND METHOD FOR RETAIL PRICING WITHIN PRODUCT LINKAGES System and method for retail pricing within product linkages are disclosed. In an embodiment, a ranking criteria defined for items in a product linkage and predefined business rules are received. The product linkage includes a set of items linked to each other. Further, the items in the product linkage are ranked based on the ranking criteria defined for the items. Furthermore, a retail price of an item is compared with a retail price of linked items in the product linkage, in an order of the ranks, based on the predefined business rules. Moreover, retail price tolerance limits of the item are computed based on saving ranges between the item and linked items upon comparison. In addition, the retail price of the item in the product linkage is updated based on the computed retail price tolerance limits.