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The formulas may contain hard-coded values and/or variables which can be updated independently of the VPB items which use them.
Incorporating VPB variables into an item's pricing formula enables the item's pricing to be updated by simply updating the value in these variable(s) at the version level.
The use of VPB Variables provides a simple way to achieve consistent and fast bulk pricing updates, with maximum flexibility and minimal editing over time. Establishing VPB Variables is recommended for margins (or perhaps components of a margin), these can then be adjusted on demand as needed. Incorporating VPB variables into an item's pricing formula enables the item pricing to be updated by simply updating the value in these variable(s) at the version level.
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All VPB items should have retail price formulas that refer to the item cost and the variable to create the sell price. |
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