What is Triggered Margin Pricing?
Triggered Margin Pricing allows you to manage your pricing with periodic price change reviews via the Customer Margin Price Update. Selling prices are updated when you run the update, usually once a month, rather than automatically when a customer places an order, as with Margin Manager Pricing.
In the Company Master, your system can be set to base the updated prices on the History Cost or the Product Cost:
History: Looks at the current Adjusted Price entry and last cost from the customer's Sales History, calculates the change from the historical cost to the new cost, and increases the price to preserve the same margin. This will result in price increases for your customers only when the new cost of the product is greater than the cost the last time that they purchased it.
Product: Looks at the current Adjusted Price entry and the last cost of the product in the Product Master, calculated the change from the product cost to the new cost, and increases the price to preserve the same margin. This will allow you to increase your customer's price when the cost of the product fluctuates, rather than relying on their Sales History.
The new price for the customer is entered into the Adjusted Price field for the product, with the date of the cost change. You can view this Adjusted Price in the Customer Order Pad.
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