Price Feedback Page (Fields)
The following describes the fields that could appear on the page depending on how it is configured.
Field
Description
Competitor Part Description
The label or title that describes the Competitor Part Number, defined on the Survey Parts page.
Competitor Part Number
The unique identifier of a part offered by a competitor that is similar or equivalent to a part that you sell. Analyzing competitor parts helps you understand the market landscape, including pricing strategies, quality, and availability. This information is crucial for setting competitive prices and ensuring your offerings are attractive to customers. Use the Survey Parts page to define and manage Competitor Parts.
Core Value Price
The value of the competitor part, which is available to be refurbished as good inventory.
Created By
The Sign In Name of the user that created the record.
Created Date
The date the record was created.
Custom Numeric 1–3
Custom field for numeric values.
Custom String 1–3
Custom field for string values.
Customer
A business or person that purchase products or services. Customers are managed on the Customers page.
DN Pct Change
The dealer net percent price change since the last survey.
Description
A phrase or title that gives a description or meaning to an entity.
Effective Date
The date the price becomes effective for the Competitor Part.
Feedback Number
A tracking number that is manually entered.
Feedback Type
The name of the feedback type record. The standard options are:
Feedback Type
Description
Default
A general feedback record.
In addition to the standard options, you can create custom feedback type records on the Price Feedback Types page.
Host Feedback ID
The host ID for the Price Feedback record.
IQR Pct
The abbreviation for Interquartile Range in Percent. This is the distance between the first and third quartile of competing prices. The smaller the number, the higher the price sensitivity. The larger the number, the lower the price sensitivity.
Incident Number
A unique identification number.
Location
A physical or virtual place that stocks parts. A location can also be a geographic area where prices are set using the same methodology and currency. Locations are defined on the Locations page.
Make
The make of the part number, from the part catalog.
Market Relationship Type
The name of the market relationship as defined on the Market Relationship Types page. Market relationships for survey parts provide comparison descriptions of survey parts within the market. They explain how each survey part relates to another survey part within a market.
Market Stream 1–20
Market streams are used for competitor pricing. Market stream configuration parameters tie each Price Stream to a Market Stream. This allows the client to model which competitor price matches up with the client's prices.
Method
The pricing method that is to be used for a part. Options are:
• Cost-Plus
• Positioning (also referred to as Market-Adapted Pricing or Value Pricing)
• Optimization
Model
The part model.
Multiplier
A number that is used in the equation to determine the Price As-Sold. All prices are reported on a per-piece basis. When there is a unit pack quantity, the price as-sold is the Unit Price * Multiplier.
Notes
Informational text entered by the user.
Owner
The Sign In Name of the user responsible for feedback resolution.
Page Number
The page number in the catalog that displays the competitor part information.
Part Number in Catalog
The number of the Competitor Part as it appears in the catalog.
Part Number
The unique identifier of the part.
Perishable Date
The date the part is expected to perish, if it is a perishable part. This field is used to filter old market survey data from the market statistics. Expired survey data is not included in the Market Statistics Engine AutoPilot process.
Pricing Market
A group of one or more locations where a price for a part behaves similarly and with a similar currency. For example, the US market has a universal price for a part in US dollars in Florida and Georgia. Markets are defined and maintained on the Markets page.
Reference Location
The location where the reference OEM part resides.
Reference Part
The part number entered by the dealer that provided the feedback. This is for comparison to another OEM part.
Reference Price 1–3
The price of the Competitor Part with the Reference Currency applied.
Resolution Date
The date the feedback record was resolved.
Resolution Notes
A brief explanation about the resolution.
Resolution Type
The name of the feedback resolution type record. The standard options are:
Feedback Resolution Type
Description
Price Increased
The price was increased.
Price Decreased
The price was decreased.
No Change
There was no change in the price.
In addition to the standard options, you can create custom feedback resolution type records on the Price Feedback Resolution Types page.
Safety Stock Pct Change
The change in the Safety Stock in terms of a percentage.
Sample Size
The number of competing prices in the survey.
Standard Price Change
The difference between the current price and the previous price from the competitor.
• This value is positive if the current price is greater than the last price.
• This value is negative if the current price is lower than the last price.
Feedback Status
The name of the feedback status record. The standard options are:
Feedback Status
Description
Closed
The feedback inquiry is resolved.
In Progress
The feedback inquiry was entered and is being reviewed.
Open
The feedback inquiry was entered but is not yet in review.
In addition to the standard options, you can create custom status records on the Price Feedback Status page.
Suggested List Price Change
The difference of the current suggested list price and the previous suggested list price from the competitor.
• This value is positive if the current suggested list price is greater than the last suggested list price.
• This value is negative if the current suggested list price is lower than the last suggested list price.
Suggested List Price
The price that the manufacturer recommends retailers use when selling a product to consumer. This is one of the price points for the Competitor Part.
Suggested Price
The price suggested by the dealer for the part for which feedback was provided.
Survey Company
The name of an organization that provides market analysis and market data for service parts. Survey Companies are maintained on the Survey Companies page.
Survey Source
An entity, such as a person, website, or company, that provides survey data. Survey Sources are maintained on the Survey Sources page.
Trade Price
The price at which goods are sold to businesses, such as retailers or wholesalers, rather than to end consumers. This price is typically lower than the Suggested List Price because it accounts for the bulk purchasing and the role of the intermediary in the distribution chain. This is one of the price points for the Competitor Part.
Trade Price Change
The difference of the current trade price and the previous trade price from the competitor.
• This value is positive if the current trade price is greater than the last trade price.
• This value is negative if the current trade price is lower than the last trade price.
Updated By
The user that made the most recent update to the record.
Updated Date
The date/time that the user made the most recent update to the record.
Use for Market Statistics
When Yes, the survey part is included in pricing market statistics.
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