Cost Settings are available in System Settings for Quoting. As an admin, you can set the default costing rules for your account.
Through Cost Settings you can populate the "Lowest Current Cost" using the Costing button in the Responses tab of an RFQ, which will be used in the Savings calculations for comparison with the suppliers' quoted price.
Criteria
- All sources: CP, PO, QH, SP, and WP will be checked by default. If you unselect all sources, then no data is pulled in.
- There is no prioritization of the sources. The lowest price is always selected amongst all of them. If items have the same price, then any of them will be selected and there is no further differentiation.
- When Qty is selected for “Match by” then just Qty 1 is used.
- If one of the match options is checked but not present in the price source, then there will be no price match.
For example: When IPN is checked but not present inside the CP, and only CP is the active source, then no price is populated. If multiple are checked and one is missing, then no price is populated. Also, when IPN, MPN and Manufacturer are checked and the Manufacturer is missing or does not match. - Aliases are used for matching Suppliers and Manufacturers (supplier type is Manufacturer), when checked.
CP Criteria:
- Select CP List or All.
- Starting From and Ending At date (Default blank).
- Exclude Expire data option for CP lists (Default - Exclude Expire dates checked).
- Match By: IPN, MPN, Manufacturer (uses aliases of type Manufacturer), Supplier (uses aliases), Plant, Subcontractor, Qty 1 (matches by exact qty).
- Default: IPN or MPN has to be checked.
If neither is checked and the source is active and you try to save, then it will show an error: “IPN or MPN for an active price source has to be checked.”
PO Criteria:
- Select PO List or All.
- Starting From and Ending At date based on PO Date (Default is blank).
- Match By: IPN, MPN, Manufacturer (uses aliases), Supplier (uses aliases), Plant, Subcontractor, Qty 1 (match by exact qty).
- Default: IPN or MPN has to be checked.
If neither is checked and the source is active and you try to save, then it will show an error: “IPN or MPN for an active price source has to be checked.”
QH Criteria:
- Select RFQ List or All.
- Starting From and Ending At date in RFQ (Default is blank).
- Exclude Expired Dates (Default - Exclude expired dates is checked).
- Awarded from RFQ (Default - Unchecked).
- Match By: IPN, MPN, Manufacturer (uses aliases), Supplier (uses aliases), Plant, Subcontractor, Qty 1 (match by exact qty).
- Default: IPN or MPN has to be checked.
If neither is checked and the source is active and you try to save, then it will show an error: “IPN or MPN for an active price source has to be checked.”
SP Criteria:
- Match By: MPN, Manufacturer (uses aliases) and Qty 1.
The system checks here for the quantity to fall in the correct quantity breaks of the distributor, as opposed to checking for exact Qty. - Default: MPN is checked and cannot be unchecked.
WP Criteria:
- Match By: MPN, Manufacturer (use aliases) and Qty 1.
The system checks here for the quantity to fall in the correct quantity breaks of the distributor, as opposed to checking for exact Qty. - Default: MPN is checked and cannot be unchecked.
- All Suppliers (Radio button is checked by default)
- Preferred Supplier First - at the user level options where default of selected suppliers follows.
global settings (Radio button is unchecked by default) - Preferred Supplier Only - at the user level options where default of selected suppliers follows
global settings (Radio button is unchecked by default). - Same preferred suppliers as in BOM Insight cost settings, which are selected by default.
There is no difference between Authorized Suppliers and Independent Suppliers for the purpose of costing. When checked, they represent the Preferred Suppliers and work together with the your settings of: All Suppliers, Preferred Suppliers First or Preferred Only. If All Suppliers is selected, then this ignores any of the checked preferred suppliers.