Overview

Caribou Lou 14 introduces Price Setting Types, designed to streamline the creation of Price Lists and Live Price Grids through the use of predefined templates. These templates come with generic defaults that include various parameters such as pricing logic, calculation logic inputs, and settings for dynamic behavior.

Predefined Defaults

By using predefined defaults, you can quickly create Price Lists and Live Price Grids without manually inputting repetitive data, thus reducing the time and effort required for setup. This approach ensures that all Price Lists and Live Price Grids adhere to the same standards and logic, minimizing errors and discrepancies.

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Customization Options

The feature has customization options, allowing you to define which default values can be overridden during the creation process. This flexibility enables customization while maintaining the integrity of the predefined settings.

The dynamic behavior settings allow Price Lists and Live Price Grids to adjust automatically based on predefined rules, ensuring that pricing remains responsive to changing conditions. The use of templates makes the creation process more intuitive, even if you may not be deeply familiar with the underlying pricing logic. By minimizing manual inputs, the risk of errors is significantly reduced, leading to more accurate pricing.

Application of Price Setting Types

You can set which default values can be overridden and predefine generic defaults to be applied to specific Price Lists or Live Price Grids, including pricing logic, calculation logic inputs, and output columns. During the creation of a Price List or Live Price Grid, you can select and apply the appropriate Price Setting Type, with allowed parameters being overridden while locked parameters remain unchanged. This ensures both flexibility and control.

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Price Setting Types not only simplifies the creation process, but also provides the flexibility needed to adapt to specific business requirements.