Group Step Level Rules
Group Step Level rules adjust prices based on the group price alignment strategy Group Step Level Pricing.
Note that you can add multiple (unlimited) Group Step Level rules.
Group Step Level Rule Components
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A star (  ) next to the field on the page indicates that the field is required. |
Rule Name
The name of the rule.
Location-Specific Processing
If unchecked, the input prices of all pairs including parts in the same baseline level/step level combination will be processed together. If checked, pairs will be processed on a location-by-location basis such that pairs including parts in the same baseline level/step level combination and the same location will be processed together. If there is more than one location included in the policy segment coverage, each location’s baseline level/step level combination pairs will be processed independent of each other.
Target Pricing Stream
The pricing stream to be affected by the rule.
Baseline Level
Use the Find Item button (
) to select the name of the baseline group step level you want to use.
) to select the name of the baseline group step level you want to use.Baseline Calculation Method
Select the baseline calculation method to be used for the baseline group step level part prices to calculate the Baseline Price Calculation. Available methods include: Weighted Average, Average, Maximum, Minimum, and Range. For example, if you select Average, all prices for parts in the baseline group step level will be averaged for a new group price.
Baseline Adjustment % / Baseline Adjustment Amount
Complete/edit with an additional percentage amount or additional monetary amount that is added to the recommended price resulting from the rule. For example, if (1) the rule's recommended price is $9, (2) Baseline Adjustment % is +5%, and (3) Baseline Adjustment Amount is $3, then the rule's final recommended price is $9 + (5% * $9) + $3 = $12.45.
Step Level
Use the Find Item button (
) to select the name of the group step level that represents the step up or down from the baseline.
) to select the name of the group step level that represents the step up or down from the baseline.Step Offset %
Set to the value that describes the relationship between the steps. For example, if the step is a 10% step up from the baseline, enter 10; if the step is a 10% step down from the baseline, enter -10.
Step Offset Amount
Set to the value that describes the relationship between the steps. For example, if the step is a 10% step up from the baseline, enter 10; if the step is a 10% step down from the baseline, enter -10.
Lower Limit / Upper Limit
Enter a Lower Limit and/or Upper Limit percentage to define a price band (or price tolerance zone) around each group member's theoretical new price.
Click here for more information about price banding.
Strategy Codes
In the Strategy Codes section, you select the strategy codes for the rule. Parts/SKUs are assigned to a strategy code when they are set up, and rules only test parts with the same assigned strategy code. This means that if a part is assigned to strategy code 3, a rule set up for strategy code 1 will not test this part.
To add a strategy code to the rule, highlight it in the Available box and then click the Add button (
). To remove a strategy code from the rule highlight it in the Selected box and click the Remove button (
).
). To remove a strategy code from the rule highlight it in the Selected box and click the Remove button ().Filters
[Optional] In the Filters section, apply filters to the rule.
Group Step Level Rule Examples
Click here for examples of Group Step Level rules.
Use the application