Setup Requirements for Strategic Pricing

Before you can use strategic prices for your customers in sales order entry, you are required to attend Strategic Pricing Associates' online training or in-person seminars so you understand the theory of Strategic Pricing and how it should be applied.

Work with Strategic Pricing Associates to set up factors required for the Strategic Pricing calculations. In addition, set up the elements described below.

Control Maintenance Records

Set the following control maintenance records.

Strategic Pricing Customer Category
Strategic Pricing Core Status Groups
Strategic Pricing Customer To User On Contract Matrix
Use Rebate Cost For Strategic Pricing Basis
Global Buy/Sell Basis Name
Although you do not need to change your settings to the Stop Best Price Check At First Valid Sell Groupcontrol maintenance record, if you are using Strategic Pricing, the system treats this record as if it were set to Yes when it finds a valid Strategic Pricing sell group. The system uses the first Sell Group to modify either the vendor's list or cost at order entry.

Authorization Keys

Assign the following authorization keys to enable users to create sell matrix cells that use your strategic pricing calculations:

SMATRIX.MAINT
SMATRIX.MATIN.CUS.CLASS
SPRC.PRICE.EDIT - Restricts pricing edits. Use the Strategic Pricing Authorization Parameters window to define parameters users are restricted to changing, such as by category, customer size, or product core status.
SPRC.VIEW.AUDIT - Allows access to the Strategic Pricing Audit window through Sales Order Entry
Standard Pricing authorization keys also apply to Strategic Pricing.
SPRC.CORE.STATUS.EDIT - Enables users to edit product core statuses at the customer and product level.

Other Required Setup

Set the following additional components prior to using Strategic Pricing.

Components	Details	Required for Export?
Branches	Enable and disable Strategic Pricing functionality per branch in your system.	No
Price Lines	Map the Strategic List and Strategic Cost global basis names to local basis names in each or your price lines that you want to use the Strgc List or Strgc Cost as the basis.	No
Customer Categories	Define customer categories to group like customers by the market they serve.	Yes
Sizes	Set threshold levels (in sales dollars or sales quantity) to define each customer size.	Yes
Customers	Complete the following setup for each customer you want to use strategic prices: Flag the customer to use strategic prices (not required before exporting data) Assign the customer to a categories Assign a size to the customer	Yes
Sell Group Visibility and Vendor Assignments	Define the visibility for each sell group assigned to a product. Sell Group visibility is defining how visible the pricing for the products is to the market. Valid options: Very High, High, Medium, Low, and Very Low. Define a vendor for each group. This would represent the main vendor used to purchase the products in the group. Load a single vendor for each group. For more information, see Assigning Vendors to Sell Groups.	Yes
Default Price Cube Modifiers	Set the default multipliers for the strategic price calculations. Consult Strategic Pricing Associates on setting this up.	No
Matrix Cells	Update existing matrix cells or define new sell matrix cells that use the Strategic List or Strategic Cost as the pricing basis. Note: The majority of the matrix cells for Strategic Pricing are imported into the system.	No