Overview of Price Streams and Price Stream Values
What are Price Stream Values?
Each part-location SKU can have more than one price. A price stream value is a data field that stores a price value for a part-location SKU. Each part-location SKU can have up to 20 price stream values, meaning that it can have up to 20 different price values. Price stream values are used to represent price sheet prices (or sales channel prices).
For example, let's look at an alternator part. Assume this part has three price stream values:
• Standard Price: This price stream value holds the MSRP price (or list price) of $100.
• Dealer Net: Assume the dealer's price for the alternator is 20% of Standard Price. The Dealer Net price stream value will hold the dealer's price, which is $80.
• Distributor Net: Assume the distributor's price for the alternator is 30% off Standard Price. The Distributor Net price stream value will hold the distributor's price, which is $70.
Using Price Stream Values as a Reference Point
Price stream values can be used as a reference point. You can use the value of one price stream value to set the value for others. In the previous example, the Standard Price is the reference price stream value because the other price stream values are based on it.
What are Price Streams?
Price streams combine a price stream value, cost value, and demand stream for client part pricing.
What are Market Streams?
Market streams are using 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.
Mapping Price Stream Values to Price Streams
Each price stream value is assigned one, unique price stream. Each price stream has separate historical prices and demand history. Price stream values are assigned to price streams during implementation, so you need to refer to your implementation documentation for more information for your client configuration of price streams.
Price Stream Value Offsets
Price stream values have a predetermined interrelationship, and each is separated by a set percentage difference, called an offset. During implementation, price offsets are set in the system. For example, assume you have a part with a Retail price stream value of $100. The Retail price stream value is the reference price stream value. Here's how your price stream values would be calculated based on the reference price stream value:
|
Price Stream Value
|
Offset
|
Price
|
|
Retail
|
None - reference price
|
$100
|
|
Retail Exchange
|
-10%
|
$90
|
|
Wholesale
|
-25%
|
$75
|
|
Wholesale Exchange
|
-40%
|
$60
|
When you run the Price Streams and Offsets AutoPilot process, all parts associated with price streams are updated.
Advanced Price Streams Edit vs. Simple Price Streams Edit
With both types of edits, you can change the price stream values and New Price Effective Date for a SKU and then save those changes to the database. However, when you perform an Advanced Price Streams Edit, you can perform analysis. You can see the changes to market data, revenue, and profits. When you perform a Simple Price Streams Edit, you are simply changing the price stream values with no analysis.