By Parker Wilson 440 Views

Dynamic Pricing Engine

Microtech Cloud was designed from the beginning to support a Business Process Management (BPM) approach. The product components are used by processes that, in turn, are defined and managed by a BPM engine. This means that a user can alter any element of any module running in the Microtech Cloud environment.

Microtech Cloud Dynamic Pricing Engine is rule based, giving the user all the flexibility required to calculate pricing based on many factors. Not just based on cost or based price or purchase price or weighted average purchase price.

Microtech Cloud Dynamic Pricing Engine gives you the flexibility to calculate different pricing depending on any of other contributing factors, such as location, season, quantity ordered, volume, delivery type, sales office, zone, lot number, country, customer-specific, etc. You could also set upper and lower limits of the calculated price based on required gross or net profit margins and any other limiting factors.

Microtech Cloud Dynamic Pricing Engine is suitable for global organizations or product types with fluctuating prices, or custom made products sold across different markets.

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