Threshold Rules
Threshold rules let you fine-tune the results of Assignment rules. They are " guardrails" to keep pricing recommendations within boundaries defined by your business rules and methods.
For example, assume that you created an Assignment rule to set the new price to the Market Q3 price plus some percentage. You can use a Threshold rule to make sure that the price does not increase more than 25%. In this case, 25% will be the limit for the price increase, regardless of the Assignment rules.
Threshold 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.
Threshold Type
The evaluation method for the rule. Select Floor to test against a minimum reference point value or Ceiling to test against a maximum reference point value.
Target Pricing Stream
The pricing stream to be affected by the rule.
Reference Group / Reference Point
First, select the reference group. Then, select the reference point within the selected reference group for the rule. Click here for definitions of all pricing reference points.
Adjustment
[Optional] In the Adjustment section, adjust the rule output price.
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Adjustments cannot be made when using Direct Pricing reference points.
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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.