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System setting that defines what pricing the user is allowed to see. The setting for each associate is determined by his or her job description. For more information, see Restricting User Access to Pricing Information.
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The pricing philosophy in which you price products where there is customer awareness of price more competitively than you price products where there is not. Customer awareness of price is determined by the rank of an item. The most commonly accepted velocity pricing rank is the demand of an item. For more information, see Assigning Rank in Customer Velocity Pricing and Assigning Rank in Product Velocity Pricing.
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The supplier of a product of service. Any person or organization authorized to sell stock or services. Vendor records are stored in the vendor file.
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The amount of product the vendor identifies as the minimum amount you can buy. For example, Jones Plumbing may require you to buy $500 worth of product before shipping without freight fees. In contrast, Smith's Supply may require you to buy enough product to fill a truck based on load factor before providing a discount. The system provides several options to meet the vendor target. Vendor targets can be in dollars, pounds (weight), pieces, or load factor.
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