Market Statistics Rules
Market Statistics rules adjust prices based on market data statistics prices.
Market Statistics Rule Components
 |
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.
Location
The location including the parts you want to compare. The dropdown options only display locations in the intersection of the policy folder.
Pricing Market
The pricing market for the rule.
Market Stream
The market stream for the rule.
Conditional Test
The comparison method for the rule (<, >, or =).
Statistic Type
The type of statistic you want to use for comparison. For example, Minimum will compare the minimum priced part for the market statistics group; Average will compare the average price of all parts in the market statistics group.
Market Relationship Type
The market relationship type for the rule.
Use Extrapolated Data
When checked, the market statistics are extrapolated.
Adjustment
[Optional] In the Adjustment section, adjust the rule output price.
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.
Market Statistics Rule Example
Following is an example of a Market Statistics rule:
In this example, PriceStream1 prices for Atlanta parts for strategy codes 1-2 will be compared to market data statistics for parts in the United States market for market stream MarketStreamPrice2. If the Atlanta parts are equal to the minimum price for market parts, the Atlanta parts will be lowered to 97% of the market prices.