Steersman Advanced Pricing Engine for Large Catalogs in Odoo

Advanced pricing engine blog

Steersman’s Advanced Pricing Engine for Odoo allows a company to automate margins for millions of products and dozens of customer types via smart formulas:

  • One or many margin formulas set prices for customers and customer groups
  • Product cost basis from inventory value, replacement cost, and user-defined cost
  • Assemblies calculate component costs 5+ production layers deep
  • Adjust margins by popularity, customer group assignment, timed price overrides for specific clients, and more
  • Bulk product packages priced with bulk cost margins

What Steersman Pricing Engine for Odoo Enables

  • Prices are calculated via simple markup formulas or cost-dependent margin formulas
  • Prices set for the entire catalog, pricing-specific product groups, or individual products
  • Customer-specific pricing set via pricing-specific customer tags or for a specific customer, or both
  • When defining a multitude of possible margins for a product, the price chosen for a specific order can be the lowest across all available calculations matching the order, or from a first-priority match
  • A “price floor” for products allows sales staff to approve limited price drops, with manager approval requests if surpassed
  • Sales prices are calculated from the accounting cost of the item (standard, average, or FIFO), replacement cost (active vendor price lines), manually set values, or the cost of its components
  • The cost of components of manufactured items is set based on their price base settings (accounting, replacement, or manual costs)
  • Export a price list for an entire catalog or for a pre-determined product selection for a specific customer on a particular date
  • Base cost adjustments can be added based on incoming cost competitiveness and the willingness to pass on savings/costs to clients
  • Automated price adjustments change margins up/down based on the popularity of a product within a specific product category

Steersman’s Pricing Engine and other modules are included in our subscription-based Odoo services.