Supplier purchase price in request for purchase order item mix
When a Supplier Purchase Price is available for a supplier and a Request for Purchase Order is created for that supplier, the Supplier Purchase Price is set as default in the Supplier Purchase Price column in the Request Item Mix.
The behavior of the Supplier Purchase Price is categorized in these types:
- Source of Purchase Price
The Supplier Purchase Price is taken from the Cost Element tagged as Purchase Price. This cost element can pull values from different sources such as Request, Style Sourcing, and Style Costing.
- Color-level Purchase Price
The color-level Purchase Price is checked for the selected color in the Request for Purchase Order - Item Mix and this value is used as the Supplier Purchase Price. If multiple prices exist for the same color, the value in the latest color-level price column in Cost Element is used. If no color-level price exists, the value in the preferred costing column is used.
- Currency Conversion
The Supplier Purchase Price is converted based on the currency selected under the Request for Purchase Order - Item Information section, as well as the exchange rate date and type on the BOM Version tagged to the related preferred costing column.
- Currency Consistency
The currency of the Supplier Purchase Price in the Request for Purchase Order - Item Mix is the same as the currency seen in the Request for Purchase Order - Item Information section.
Note: The Supplier Purchase Price is only applicable for the Request for Purchase Order - Item Mix.