Use the Product Ranking program to analyze the activity of a product in each branch of your company.
Product Ranking is used to compare, the activity of a product to against all other products within the same price line, a group of price lines or all price lines.
Product ranking is a way to label all your products as to their relative impact to sales, inventory, and purchasing activities. Product ranking is calculated by the system based on the parameters set. See Product Ranking Method and Breakpoint Rules for a breakdown of the parameters in the system.
Note: Dynamic kits are included in product ranking calculations.
The Product Ranking program, in conjunction with the Update Demand program, provides tools to help you decide how best to price your products. Using a matrix cell, you can detail product pricing based on product velocity.
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Important: Due to lengthy run times, we recommend updating demand and updating product ranking on different days. |
When you run the ranking program, the system sorts the products according to the ranking method and then ranks the products according to the percentages defined as the ranking breakpoints. The system makes a pass through each branch for each ranking method.
Note: The product ranking program updates records for only active branches. If the system finds a record for an inactive branch, then the system deletes that record.
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