Open APIs

Which TMF relates to the cost price of the product, not the offering price of the product?

Hi,

In the information model, Product Domain, there is a ProductSpecificationCost* business entity so in theory, this could be mapped to TMF620 but it hasn't been done.

you could extend the API by replicating the entities and attributes from information model.

* A monetary amount assigned to a ProductSpecification that represents the cost to the business to plan, develop, market, and implement the ProductSpecification.

Which TMF relates to the cost price of the product, not the offering price of the product?

Hi @Jonathan Goldberg,

Have you previously explored or discussed cost considerations for TMF620?

In my experience with B2B product catalogs, costs were also maintained within the catalog in the form of cost lists that mirrored price lists.

The concept was that a pricing engine, used by the product configurator and quote/cart system, would ensure Sales Reps don't apply discounts or price overrides that could jeopardize the profitability of a sale at various levels (product, bundle, order). An approval manager solution would still permit sales at a loss or below a certain margin in special cases.

Hi,

In the information model, Product Domain, there is a ProductSpecificationCost* business entity so in theory, this could be mapped to TMF620 but it hasn't been done.

you could extend the API by replicating the entities and attributes from information model.

* A monetary amount assigned to a ProductSpecification that represents the cost to the business to plan, develop, market, and implement the ProductSpecification.

Which TMF relates to the cost price of the product, not the offering price of the product?

A team from Telstra was working on a Cost API, primarily in the area of Service. But I don't know what the current status is.

------------------------------
Jonathan Goldberg
Amdocs Management Limited
Any opinions and statements made by me on this forum are purely personal, and do not necessarily reflect the position of the TM Forum or my employer.

Original Message:
Sent: Jul 19, 2024 05:27
From: Matthieu Hattab
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi @Jonathan Goldberg,

Have you previously explored or discussed cost considerations for TMF620?

In my experience with B2B product catalogs, costs were also maintained within the catalog in the form of cost lists that mirrored price lists.

The concept was that a pricing engine, used by the product configurator and quote/cart system, would ensure Sales Reps don't apply discounts or price overrides that could jeopardize the profitability of a sale at various levels (product, bundle, order). An approval manager solution would still permit sales at a loss or below a certain margin in special cases.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Jul 19, 2024 05:16
From: Matthieu Hattab
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi,

In the information model, Product Domain, there is a ProductSpecificationCost* business entity so in theory, this could be mapped to TMF620 but it hasn't been done.

you could extend the API by replicating the entities and attributes from information model.

* A monetary amount assigned to a ProductSpecification that represents the cost to the business to plan, develop, market, and implement the ProductSpecification.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Jul 18, 2024 23:04
From: Sittisak Chuenchaokit
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Which TMF relates to the cost price of the product, not the offering price of the product?

------------------------------
Sittisak Chuenchaokit
TO BE VERIFIED
------------------------------

Hi all,

Yes Telstra team is currently working on design and build of TMF764 Cost Management API which is not just limited to area of Service, rather generic enough to be related to any entity i.e. Product, Service, Resource, Project etc. See EPIC: https://projects.tmforum.org/jira/browse/AP-4899

Cheers,

Anu

------------------------------
Anu Aulakh
Telstra Corporation
My answer is my own & doesn't necessarily represent my company or the TMF

Original Message:
Sent: Jul 21, 2024 03:56
From: Jonathan Goldberg
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

A team from Telstra was working on a Cost API, primarily in the area of Service. But I don't know what the current status is.

------------------------------
Jonathan Goldberg
Amdocs Management Limited
Any opinions and statements made by me on this forum are purely personal, and do not necessarily reflect the position of the TM Forum or my employer.

Original Message:
Sent: Jul 19, 2024 05:27
From: Matthieu Hattab
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi @Jonathan Goldberg,

Have you previously explored or discussed cost considerations for TMF620?

In my experience with B2B product catalogs, costs were also maintained within the catalog in the form of cost lists that mirrored price lists.

The concept was that a pricing engine, used by the product configurator and quote/cart system, would ensure Sales Reps don't apply discounts or price overrides that could jeopardize the profitability of a sale at various levels (product, bundle, order). An approval manager solution would still permit sales at a loss or below a certain margin in special cases.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Jul 19, 2024 05:16
From: Matthieu Hattab
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi,

In the information model, Product Domain, there is a ProductSpecificationCost* business entity so in theory, this could be mapped to TMF620 but it hasn't been done.

you could extend the API by replicating the entities and attributes from information model.

* A monetary amount assigned to a ProductSpecification that represents the cost to the business to plan, develop, market, and implement the ProductSpecification.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Jul 18, 2024 23:04
From: Sittisak Chuenchaokit
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Which TMF relates to the cost price of the product, not the offering price of the product?

------------------------------
Sittisak Chuenchaokit
TO BE VERIFIED
------------------------------

Hi @Anu Aulakh are you synchronized with the SID team?  I saw your team is proposing the business entity Cost.

As Matthieu said, "In the information model, Product Domain, there is a ProductSpecificationCost* business entity". So, having the API action acting over any entity i.e. Product, Service, Resource, Project etc. will require some SID modifications.

Hi all,

Yes Telstra team is currently working on design and build of TMF764 Cost Management API which is not just limited to area of Service, rather generic enough to be related to any entity i.e. Product, Service, Resource, Project etc. See EPIC: https://projects.tmforum.org/jira/browse/AP-4899

Cheers,

Anu

------------------------------
Anu Aulakh
Telstra Corporation
My answer is my own & doesn't necessarily represent my company or the TMF

Original Message:
Sent: Jul 21, 2024 03:56
From: Jonathan Goldberg
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

A team from Telstra was working on a Cost API, primarily in the area of Service. But I don't know what the current status is.

------------------------------
Jonathan Goldberg
Amdocs Management Limited
Any opinions and statements made by me on this forum are purely personal, and do not necessarily reflect the position of the TM Forum or my employer.

Original Message:
Sent: Jul 19, 2024 05:27
From: Matthieu Hattab
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi @Jonathan Goldberg,

Have you previously explored or discussed cost considerations for TMF620?

In my experience with B2B product catalogs, costs were also maintained within the catalog in the form of cost lists that mirrored price lists.

The concept was that a pricing engine, used by the product configurator and quote/cart system, would ensure Sales Reps don't apply discounts or price overrides that could jeopardize the profitability of a sale at various levels (product, bundle, order). An approval manager solution would still permit sales at a loss or below a certain margin in special cases.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Jul 19, 2024 05:16
From: Matthieu Hattab
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi,

In the information model, Product Domain, there is a ProductSpecificationCost* business entity so in theory, this could be mapped to TMF620 but it hasn't been done.

you could extend the API by replicating the entities and attributes from information model.

* A monetary amount assigned to a ProductSpecification that represents the cost to the business to plan, develop, market, and implement the ProductSpecification.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Jul 18, 2024 23:04
From: Sittisak Chuenchaokit
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Which TMF relates to the cost price of the product, not the offering price of the product?

------------------------------
Sittisak Chuenchaokit
TO BE VERIFIED
------------------------------

Hi @Santiago Lorente, thanks for reaching out. Yes we have enanged the TMF SID team with the requirement for Cost to be a managed entity.

Cheers,

Anu

Hi @Anu Aulakh are you synchronized with the SID team?  I saw your team is proposing the business entity Cost.

As Matthieu said, "In the information model, Product Domain, there is a ProductSpecificationCost* business entity". So, having the API action acting over any entity i.e. Product, Service, Resource, Project etc. will require some SID modifications.

Hi all,

Yes Telstra team is currently working on design and build of TMF764 Cost Management API which is not just limited to area of Service, rather generic enough to be related to any entity i.e. Product, Service, Resource, Project etc. See EPIC: https://projects.tmforum.org/jira/browse/AP-4899

Cheers,

Anu

------------------------------
Anu Aulakh
Telstra Corporation
My answer is my own & doesn't necessarily represent my company or the TMF

Original Message:
Sent: Jul 21, 2024 03:56
From: Jonathan Goldberg
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

A team from Telstra was working on a Cost API, primarily in the area of Service. But I don't know what the current status is.

------------------------------
Jonathan Goldberg
Amdocs Management Limited
Any opinions and statements made by me on this forum are purely personal, and do not necessarily reflect the position of the TM Forum or my employer.

Original Message:
Sent: Jul 19, 2024 05:27
From: Matthieu Hattab
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi @Jonathan Goldberg,

Have you previously explored or discussed cost considerations for TMF620?

In my experience with B2B product catalogs, costs were also maintained within the catalog in the form of cost lists that mirrored price lists.

The concept was that a pricing engine, used by the product configurator and quote/cart system, would ensure Sales Reps don't apply discounts or price overrides that could jeopardize the profitability of a sale at various levels (product, bundle, order). An approval manager solution would still permit sales at a loss or below a certain margin in special cases.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Jul 19, 2024 05:16
From: Matthieu Hattab
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi,

In the information model, Product Domain, there is a ProductSpecificationCost* business entity so in theory, this could be mapped to TMF620 but it hasn't been done.

you could extend the API by replicating the entities and attributes from information model.

* A monetary amount assigned to a ProductSpecification that represents the cost to the business to plan, develop, market, and implement the ProductSpecification.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Jul 18, 2024 23:04
From: Sittisak Chuenchaokit
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Which TMF relates to the cost price of the product, not the offering price of the product?

------------------------------
Sittisak Chuenchaokit
TO BE VERIFIED
------------------------------

Hi @Jonathan Goldberg,

Have you previously explored or discussed cost considerations for TMF620?

In my experience with B2B product catalogs, costs were also maintained within the catalog in the form of cost lists that mirrored price lists.

The concept was that a pricing engine, used by the product configurator and quote/cart system, would ensure Sales Reps don't apply discounts or price overrides that could jeopardize the profitability of a sale at various levels (product, bundle, order). An approval manager solution would still permit sales at a loss or below a certain margin in special cases.

Hi,

In the information model, Product Domain, there is a ProductSpecificationCost* business entity so in theory, this could be mapped to TMF620 but it hasn't been done.

you could extend the API by replicating the entities and attributes from information model.

* A monetary amount assigned to a ProductSpecification that represents the cost to the business to plan, develop, market, and implement the ProductSpecification.

Which TMF relates to the cost price of the product, not the offering price of the product?

Hi @Matthieu Hattab.

Is there any description of "the concept of the pricing engine, used by the quote/cart system" in more detail in TMF documents?

------------------------------
Jan Brnka
T-Mobile Czech & Slovak Telekom, a.s.

Original Message:
Sent: Jul 19, 2024 05:27
From: Matthieu Hattab
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi @Jonathan Goldberg,

Have you previously explored or discussed cost considerations for TMF620?

In my experience with B2B product catalogs, costs were also maintained within the catalog in the form of cost lists that mirrored price lists.

The concept was that a pricing engine, used by the product configurator and quote/cart system, would ensure Sales Reps don't apply discounts or price overrides that could jeopardize the profitability of a sale at various levels (product, bundle, order). An approval manager solution would still permit sales at a loss or below a certain margin in special cases.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Jul 19, 2024 05:16
From: Matthieu Hattab
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi,

In the information model, Product Domain, there is a ProductSpecificationCost* business entity so in theory, this could be mapped to TMF620 but it hasn't been done.

you could extend the API by replicating the entities and attributes from information model.

* A monetary amount assigned to a ProductSpecification that represents the cost to the business to plan, develop, market, and implement the ProductSpecification.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Jul 18, 2024 23:04
From: Sittisak Chuenchaokit
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Which TMF relates to the cost price of the product, not the offering price of the product?

------------------------------
Sittisak Chuenchaokit
TO BE VERIFIED
------------------------------

The price engine is managed by the TMFC027 ODA component (ODAC). This component is a rather big application that exposes several APIs.

Both TMF679 (Product Qualification) and TMF760 (Product Configurator) expose product prices (which can be different than product catalogue prices), but they serve different purposes and are used at different stages of the pre-sale customer journey (see ref on IG1228, below). All pricing rules and data are stored in the product catalog (TMFC001 ODAC + TMF620 API) or in the Policy component.

For more information on pricing, you can explore various TMF publications available on the TMF main website or TMF wiki. Here are a few notable examples:

• TMFC027 has documentation on the TMF website, which includes references to the functional framework outlining the pricing business capabilities this component supports. While the framework provides an overview, it is high-level and abstract, offering limited details for implementation.

• IG1228 offers use cases that demonstrate how to implement these APIs, particularly TMFS002 and TMFS003.

• GB922 (Product and Common Sub-guides) provides examples of complex pricing computations using the Policy entity, which has its own dedicated API.

Additionally, there is now a TMF Policy API to support the Policy entity, which can be implemented using open-source applications like Jrules or Drools if you have complex pricing requirements.

Lastly, I recommend reading the excellent TMF670 API User Guide by @Bostjan Keber, especially the initial pages and use cases. This guide provides valuable context and insight into how the product catalogue, product configurator, policy, pricing, and cart/order/quote systems work together effectively.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Sep 30, 2024 02:12
From: Jan Brnka
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi @Matthieu Hattab.

Is there any description of "the concept of the pricing engine, used by the quote/cart system" in more detail in TMF documents?

------------------------------
Jan Brnka
T-Mobile Czech & Slovak Telekom, a.s.

Original Message:
Sent: Jul 19, 2024 05:27
From: Matthieu Hattab
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi @Jonathan Goldberg,

Have you previously explored or discussed cost considerations for TMF620?

In my experience with B2B product catalogs, costs were also maintained within the catalog in the form of cost lists that mirrored price lists.

The concept was that a pricing engine, used by the product configurator and quote/cart system, would ensure Sales Reps don't apply discounts or price overrides that could jeopardize the profitability of a sale at various levels (product, bundle, order). An approval manager solution would still permit sales at a loss or below a certain margin in special cases.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Jul 19, 2024 05:16
From: Matthieu Hattab
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Hi,

In the information model, Product Domain, there is a ProductSpecificationCost* business entity so in theory, this could be mapped to TMF620 but it hasn't been done.

you could extend the API by replicating the entities and attributes from information model.

* A monetary amount assigned to a ProductSpecification that represents the cost to the business to plan, develop, market, and implement the ProductSpecification.

------------------------------
Kind regards,

Matthieu Hattab
Lyse Platform

Original Message:
Sent: Jul 18, 2024 23:04
From: Sittisak Chuenchaokit
Subject: Which TMF relates to the cost price of the product, not the offering price of the product?

Which TMF relates to the cost price of the product, not the offering price of the product?

------------------------------
Sittisak Chuenchaokit
TO BE VERIFIED
------------------------------