Question

Compare Cost of a Part vs Feature Pricing

  • 2 November 2021
  • 0 replies
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  • Do Gooder (Customer)
  • 3 replies

We’re using IFS 9, version 14.

Has anyone ever had experience when attempting to manage the difference between cost (such as Estimated Material Cost on the Inventory Part, or Latest Purchase Price on Supplier for Purchase Part) versus the price in the Feature Pricing (Configuration Base Pricing/Price List Pricing).
 

We want to have visibility into when our cost is eating into margins, and the difference between the pricing on the Configuration and the cost of the part is what’s we’re interested in seeing. Since multiple parts (therefore multiple different costs) can contribute to one feature, or vice versa, I’m trying to determine if there’s a way to effectively manage variance between the cost and price, when price is not directly connected to the cost in the system.


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