Leader-Follower Rules
Leader-Follower rules adjust prices based on the group price alignment strategy Leader-Follower Pricing.
Note that you can add only one Leader-Follower rule to a pricing policy.
Leader-Follower 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, an average of leader part input prices at all policy folder segment coverage locations will be used to set the price of follower parts at all locations. If checked, pairs will be processed on a location-by-location basis such that follower pairs will be priced only according to the leader part price at the same location.
Target Pricing Stream
The pricing stream to be affected by the rule.
Baseline Calculation Method
This field is set to Leader Part Price automatically and cannot be changed.
Leader Part Output
◦ When selected, both the Leader Part Price and the Follower Part Price change
◦ When not selected, the Follower Part Price changes and the Leader Part Price does not change
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 Amountis $3, then the rule's final recommended price is $9 + (5% * $9) + $3 = $12.45.
Lower Limit / Upper Limit
Enter a Lower Limit and/or Upper Limit percentage to define a price band (or price tolerance zone) around each follower'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.
Leader-Follower Rule Examples
Click here for examples of Leader-Follower rules.