Reference Materials > Pricing Topics > Price Curve Rules
Price Curve Rules
Price Curve Rules adjust prices based on Price Curve Pricing.
Price Cure Rule Components
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A star () next to the field on the page indicates that the field is required.
Field
Description
Rule Name
The name of the rule.
Baseline Adjustment % / Baseline Adjustment Amount
The Baseline Adjustment % and Baseline Adjustment Amount fields define an amount that is added to the baseline calculation. The Baseline Adjustment % field defines an additional percentage amount and the Baseline Adjustment Amount field defines an additional monetary amount.
For example, if:
The baseline calculation is $50,
Baseline Adjustment % value is +5%, and
Baseline Adjustment Amount value is $10
Then, the rule's baseline value becomes $50 + (5% * $50) + $10 = $62.50.
Enter a percentage amount in the Baseline Adjustment field and/or a monetary amount in the Baseline Adjustment Amount field.
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
Active
Select Active if you want the Price Curve rule to be available to use in pricing policies.
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.
Use the left/right arrows to add columns to or remove columns from the Selected box.
Filters
[Optional] In the Filters section, apply filters to the rule
Price Curve Rule Example
The following is an example of a Price Curve rule. In this example, the Price Curve price is raised by 5% and then by $20. Then, a price band of +/- 10% is applied to the Price Curve price. The new Price Curve price is applied to all parts in strategy codes 1-2.
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