12-12-2023 08:26 AM
The current process for material markups in our ServiceTitan Price Book is based off cost thresholds.
This has caused some items to be significantly marked up vs prior pricing.
Example:
12/2 Romex is in the system by the foot at a cost of $0.49, which has a low price at the per foot amount.
That is in the 250% markup range giving a sell price of 1.72 per foot ((2.5*.49)+.49), home depot charges 2.30 per foot so this seems appropriate.
However, with 100 feet billing out at 1.72 is $172 and the home depot price for 100 feet is 80.00.
I am good with a 1.72 per foot up top a certain quantity of feet. But 172.00 for 100 feet seems excessive.
I did a chat and they said the system does not do that, but that it is a good idea.
Thoughts?
12-18-2023 06:35 AM
This might not be the most graceful solution, but you could have two separate material items in your pricebook, just using different lengths (ie: 1 foot and 10 feet). Depending on the breakdown of your mark-ups and how granular you go, the cost for the 10 foot portion would stay the same while proportionally decreasing the sell-price to not appear overly-inflated. This can be reflected in the inventory module by doing a simple adjustment (subtract 10x 1 foot 12/2 and add 1x 10 feet 12/2).
12-14-2023 05:00 AM
@Paulatadams, thanks for sharing your thoughts with the Community! I can see how immensely helpful this would be. Thanks for sharing your feedback. That sounds like something for the ideas page!