Assigning Products to Core Status Families for Strategic Pricing

Use core status families to help ensure that a consistent core status is used across related products that might not have the same amount of sales, even though the individual products might otherwise have different core status assignments.

When pricing a product on an order, the system first determines if the product is part of a core product family to determine its core status assignment. If the product is part of a core status family, the system uses the highest core status of the items in the family for the product's strategic price calculation.

Valid core status families are defined in the Strategic Pricing Core Status Groupscontrol maintenance record.

To assign a product to a core status family:

  1. From the Maintenance > Price Maintenance > Strategic Pricing> Strategic Pricing Maintenance menu, to display the Strategic Pricing Maintenance window.

  2. In the left pane, click Products and enter the product you want to view or edit in the Product field.

  3. In the Product field, enter the product for which you want to assign a core status family.

  4. In the Core Status Product Family field, select the family to which this product belongs.

  5. Update any additional information for the product.

  6. Save your changes and exit the window.

See Also:

Core Statuses and Similar Products Overview

Viewing and Editing Product Core Statuses

Product Core Statuses Overview