SAI CORE Management Systems: CRES

Formula/Blanket Pricing

This system streamlines the complex management of industrial, commercial, or dealer accounts whose purchase prices are pegged to various published prices for the industry. Each supplier's price record may contain a dollar or percentage price variance, by each individual pricing location. Similar functionality is also available for customer pricing. These prices may be maintained either via a user-defined formula, blanket price change or blanket price override calculation. The new price may then be used for scale purchases, contract purchases and sales. Key features include:

• User-defined linkage to published prices
• Both purchases, contract and non-contract, and sales contract capabilities
• Optional pricing letters
• Retroactive pricing of receipts/shipments when new prices are pending with capability to place weight tickets 'on-hold' in the interim
• Sophisticated user-defined formula capability i.e. averages between markets
• Published prices may be quickly and easily entered following the publication format
• Flexible blanket pricing based on published or internal pricing standards
• Use either a percentage or dollar amount above or below a published price
• Easy entry of published prices which drive the custom pricing for each designated supplier
• Supports incremental price increase or decrease by dollar amount