Tier Group Rules
Tier Group rules adjust prices based on Tier Group Pricing.
Tier 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.
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 tier 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 tier group will be averaged for a new group price.
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.
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.
Tier Group Rule Examples
Click here for examples of Tier Group rules.