Overview

A Modifier is an optional add-on to a Part that modifies the way it is produced and/or its price in some way. The best way to think about a modifier is it can be anything that enhances or modifies a part. Common examples would be grommets modifying a banner or lamination modifying printed vinyl.


NOTE:  A modifier CANNOT be used in order entry on its own. It MUST be associated with a part.



This article covers the following topics:

Initial Creation is the first steps in adding a new modifier to CoreBridge. Custom Properties are properties that can be used in pricing or for information. Pricing Tiers assign discounts (Market-Based Pricing) or margins (Cost-Plus Pricing) to your modifier based on Quantity Breaks and Customer Tiers. Modifier Formulas allow you to control how the components of your modifier are used in pricing. 

Modifiers are created and edited in the Management Module.  



Initial Creation

  1. Navigate to Management Module > Modifiers > Create Modifier
  2. Enter the modifier name
  3. Enter the modifier type
  4. Assign applicable Income and Expense Accounts
  5. Select if you want the modifier to Include a Setup Fee, if it has a Minimum Charge, and if it affects the waste on the Part (These settings are optional)
  6. Select your Pricing Type (Cost-Plus, Market-Based, or Global Pricing Tier)
  7. Enter the pricing per unit values (using variable rates allows you assign multiple pricing options on a single modifier)
  8. Click Create Modifier, this will create your modifier and then prompt you to create custom properties.  

        NOTE:  You can close the initial custom property window that pops up. Custom Properties can be created and edited in the Custom Properties tab at any time.






Custom Properties

Custom Properties allows you to create the interface for your modifier. 

Adding a Custom Property

  1. Select an Interface Item (checkbox, textbox, or dropdown) which can be used in your formula.  
  2. Click View Instructions for additional information.

  3. Select a value for your custom property



  4. Enter a label for your custom property. Click Add Template Item


  5. If you choose Dropdown for your interface, you will then add labels and values for your dropdown items. Click Save




Values such as a Currency can be used your pricing formula. Infomation Only cannot be used in pricing.





Pricing Tiers

Pricing Tiers are used to give breaks in pricing for higher quantities.


If using Market-Based Pricing:

  • (A) Enter the Maximum Discount allowed for the part. Click Save & Recalculate to auto-populate the Discount Chart Table
    • The Maximum Discount populates to the highest Quantity Break and Customer Tier
    • 0 will populate in the lowest Quantity Break and Customer Tier
  • (B) Click Use Interpolationto allow a range of discount percentage between Quantity Breaks. 
    • For example:  Using the chart below, at a quantity break of 75 a customer tier of 1
      • Without Interpolation, the customer will receive a discount of 4%. 75 is above 50 but lower than 100, so it will receive the discount assigned to the quantity break at 50 
      • With Interpolation, the customer will receive a discount of 5%. 75 is halfway between 50 and 100, so it will receive the discount value between 4% and 6%.
  • (C) To use Custom Discounts replace percentage amounts in the grids with your custom percentages. Click Save Custom Discounts

        IMPORTANT NOTE:  CLICKING SAVE & RECALCULATE WILL OVERRIDE ANY CUSTOM DISCOUNTS ENTERED.


If using Cost-Plus Pricing:

  • (A) Enter the Minimum Margin and Maximum Margin desired for the part. Click Save & Recalculate to auto-populate the Margin Chart Table.  
    • The Minimum margin will populate to the highest Quantity Break and Customer Tier
    • The Desired Margin will populate to the lowest Quantity Break and Customer Tier   
  • (B) Click Use Interpolation to allow a range of margin between Quantity Breaks. 
    • For example:  Using the chart below, at a quantity break of 75 a customer tier of 1
      • Without Interpolation, the margin will be 63%. 75 is above 50 but lower than 100, so it will receive the margin assigned to the quantity break at 50 
      • With Interpolation, the margin will be 61.5%. 75 is halfway between 50 and 100, so it will receive the margin value between 63% and 60%.
  • (C) To use Custom Margins replace percentage amounts in the grids with your custom percentages. Click Save Custom Margins

           IMPORTANT NOTE:  CLICKING SAVE & RECALCULATE WILL OVERRIDE ANY CUSTOM MARGINS ENTERED.

                                                              


Modifier Formulas

Each Modifier uses a Modifier Formula to calculate pricing.

Building the modifier formula is as simple as dragging items from the Components Section into the Formula Builder.  

  • As you add components, your formula will appear in blue.  
  • Clicking + add groupwill add an additional container for your formula builder
    • Each container will represent a new set of parentheses in your formula
  • Hover over each component to view information on its value.
    • (A) Modifier information and custom properties
    • (B) Part rate, retail, and cost
    • (C) Quantities and size information  

For more information, please refer the Modifier Pricing Formula article. 

   


Note: Anytime the Part Rate, Part Retail, or Part Cost components are used in the formula builder, the system adds the amount to the cost of the modifier.