Simple Group Rules
Simple Group rules adjust prices based on the group price alignment strategy Simple Group Pricing.
Note that you can add only one Simple Group rule to a pricing policy.
Simple Group 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 simple group will be processed together. If checked, pairs will be processed on a location-by-location basis such that pairs including parts in the same simple group and the same location will be processed together. If there is more than one location included in the policy segment coverage, each location’s simple group pairs will be processed independent of each other.
Target Pricing Stream
The pricing stream to be affected by the rule.
Baseline Calculation Method
Select the baseline calculation method to be used for the baseline simple group 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 simple group 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.
Lower Limit / Upper Limit
Enter a Lower Limit and/or Upper Limit percentage to define a price band (or price tolerance zone) around each simple 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.
Simple Group Rule Examples
Click here for examples of Simple Group rules.