Real-time alerts for abnormal item pricing
An item price that is noted in a transaction for an item is identified. Any discount or item price override is identified for the transaction. A catalogue price for the item is obtained. Similar items associated with the item are determined based on mapped transaction contexts for the item and the s...
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Zusammenfassung: | An item price that is noted in a transaction for an item is identified. Any discount or item price override is identified for the transaction. A catalogue price for the item is obtained. Similar items associated with the item are determined based on mapped transaction contexts for the item and the similar items within a multidimensional space. Similar item prices are obtained and a median price for the item and similar items is calculated. A real-time price alert is sent to a resource that is associated with processing or handling the transaction when the item price, adjusted for any discount or item price override, deviates (above or below) from the median price by a threshold amount. |
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