Product: Important changes to be aware of when the new Product (ART) application is released
M
Mariann Eilerås Bertelsen
started a topic
over 3 years ago
Classification: IMPORTANT
Status of purchase prices In the current Product (ART) application, you can select a PurchSt (Valid, Preferred, etc.) when you enter a new purchase price. This is removed from the new application and the status of the purchase prices will be as follows:
Status 4 - Pending effective date. PurchFrom date has not been reached yet, the price is inactive.
Status 8 - Active. Current date is within PurchFrom and PurchTo.
Status 9 - Obsolete.
In other words, there is no preferred price, but you can, as before, have a preferred supplier for a specific article/product. Which leads to how the cost of an article/product will be calculated in the new ART application.
Calculating the Cost price of an article/product For products manufactured by your company, this field contains the cost you must spend to produce one product.
For other products, the expected cost is taken from the purchase prices. If you have set the product to include a freight percent, this will be added to the cost before it is saved in the Cost field in the ART application.
The purchase price to be used as a basis for the cost (before adding any freight cost) will be found by using the following logic:
The system will find the active prices with the lowest possible minimum purchase quantity. If more prices are found, the price that belongs to the preferred supplier of the product will be used. If no supplier is preferred, it will choose the lowest price.
We invite you to our webinar for the new and improved Product (ART) application in RamBase. The webinar is scheduled for Monday, 10 January 2022, 14:00-14:45 CET.
Mariann Eilerås Bertelsen
Classification: IMPORTANT
Status of purchase prices
In the current Product (ART) application, you can select a PurchSt (Valid, Preferred, etc.) when you enter a new purchase price. This is removed from the new application and the status of the purchase prices will be as follows:
Status 4 - Pending effective date. PurchFrom date has not been reached yet, the price is inactive.
Status 8 - Active. Current date is within PurchFrom and PurchTo.
Status 9 - Obsolete.
In other words, there is no preferred price, but you can, as before, have a preferred supplier for a specific article/product. Which leads to how the cost of an article/product will be calculated in the new ART application.
Calculating the Cost price of an article/product
For products manufactured by your company, this field contains the cost you must spend to produce one product.
For other products, the expected cost is taken from the purchase prices. If you have set the product to include a freight percent, this will be added to the cost before it is saved in the Cost field in the ART application.
The purchase price to be used as a basis for the cost (before adding any freight cost) will be found by using the following logic:
The system will find the active prices with the lowest possible minimum purchase quantity. If more prices are found, the price that belongs to the preferred supplier of the product will be used. If no supplier is preferred, it will choose the lowest price.
We invite you to our webinar for the new and improved Product (ART) application in RamBase. The webinar is scheduled for Monday, 10 January 2022, 14:00-14:45 CET.
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Webinar Date: 10 January 2022
Release Date: 11 January 2022 at 20:00 CET