Price Maintenance software
As a feature within SI’s Sales Order Processing software (SOP), the Price Maintenance feature stores complex pricing by stock code, standard and promotional pricing and for each customer. It also handles offset weeks, where the customer pricing week does not coincide with the supplier pricing week. Even when multiple lists are in place, SOP automatically picks the correct pricing.
Features within Price Maintenance include:
Price lists by stock code, standard and promotional pricing;
Pricing by customer record. Set up multiple customer price lists, variances, review dates and templates to further expedite sales order processing;
Permission based rules that set up user restrictions for manual overrides or price changes.
Maintain full price list traceability. SOP audits any changes made to every price list and the name of the user who applied them. Lists can be directly maintained using SOP or by importing an Excel document.
Promotional pricing. Select the customers that will be offered any promotion pricing and allocate specific stock for these discounts and direct pickers to select only from allocations
For intuitive navigation, price lists can be individually named. Each new price list will detail effectively from/to dates. This can be further broken down to a granular level by product and assigned by customer/s or group.
Within the reconciliation section of price list, rebates or mark ups can be applied for products by setting up rules, that are assigned by either customer, groups of customers or by buying groups. Rebates and accumulations can be managed by either customer turnover or rebate.
In addition to maintaining price list details within MS Excel and importing any changes, within SOP global price changes can be applied by product (for instance +/-%). Global changes are achieved by setting up price list name, effective from/to dates (dates can be broken down by product) and assigning price list by customer/s or group.