Pricing Model

Descriptions of the fields and buttons on the Pricing Model screen of the Pricing tab are provided in the following table.

Note: To access the Pricing Model screen, you must have the proper security privileges. The Pricing Maintenance job function needs to be assigned to one of your roles. Roles are assigned to users in the User Maintenance on the Security Maintenance screen of the Vision Configuration tab. For more information, refer to About roles and job functions.

Field or button

Description

Model Name

This is the name of the pricing model. The name cannot contain spaces.

Description

This is the description for the pricing model.

Pricing Rules

The Pricing Rules area is where a price matrix for product pricing is set up and maintained.

Each row in the price matrix represents a different pricing rule. Rules are based on the following pricing factors:

  • Manufacturer: This pricing factor enables you to create a pricing rule based on a specific manufacturer or all manufacturers.

  • Pricing Class: This pricing factor enables you to create a pricing rule based on a specific pricing class or all pricing classes.

  • Product Type: This pricing factor enables you to create a pricing rule based on a specific product type or all product types.

  • ABC: This pricing factor enables you to create a pricing rule based on a specific ABC code or all ABC codes. ABC codes are assigned to products based on how fast they sell.

Guidelines for pricing rules:

  • The pricing factors and rules are arranged from left to right and top to bottom in the order that the calculations take place.

You can customize the price matrix so that its pricing factors and pricing rules are arranged in a particular order for the pricing model. To reposition a pricing factor, drag a column heading to a new position in the row of column headings. To reposition a pricing rule, drag the box at the left of the row to a new position in the column of boxes.

  • To add a new rule, right-click a rule and then select Insert New Rule on the shortcut menu.

  • To delete a rule, right-click the rule and then select Delete Rule on the shortcut menu.

  • Duplicate pricing rules are not permitted in the price matrix.

  • If you want to make sure that pricing calculations are done for all products, set all four of the pricing factors (manufacturer, pricing class, product type, and ABC code) for the last rule in a pricing model to <All>. Then if a product does not meet any of the criteria in any of the other pricing rules, the calculation associated with the final rule — your All rule — is performed for this product.

  • Each pricing rule must be associated with a calculation. To set up or change calculation data, right-click a rule and then select Change Calculation Data on the shortcut menu. The Price Level Calculation dialog box appears, enabling you to set up and maintain the pricing calculations. (For more information on this pop-up window, please refer to Price Level Calculation dialog box field and button descriptions.)

Note that before you can set up calculation data for a pricing rule, options must be selected for each of the rule's four pricing factors (manufacturer, pricing class, product type, and ABC code) in the Pricing Rules area.

Accept

Click this button to save your pricing model information. Note that each pricing rule must have a calculation associated with it; otherwise, this button is not available.

Cancel

Click this button to avoid saving your changes to the pricing model and revert to the previous information.

Save As

Click this button to create a new pricing model based on the model you are currently viewing.

 

Related Topics

Sample screen shot: Pricing Model

Working with the Pricing tab