I would use the manufacturing module and create BOM, so you have all the
components of the item.
from there the price can be determined. currently the pricing used lifo,
fifo, averaging. so there many need to be a change in the code for
following gold prices.
Rohit Sureka sent the following on 6/23/06 10:51 PM:
hi,
i was curious if one could automatically calculate product price based on
material and labor cost.
To give a better perspective of what i mean, i will brief about our products.
We basically sell silverware and gold jewelry items. The price of the product
is based on cost Silver and Gold, plus the labor charges to manufacture it
which is a percentage of the metal price. Typical pricing method would be Gold
price + 30%(just for illustration), this if metal costs are $100, the minimum
sale price has to be $130 . Now bullion prices have been very volatile over the
past few weeks. From $71 an ounce to $57 approx. This completely changes the
pricing and cost structure and a store which has thousands of products, it
would be a tiring task to manually update the prices of all products.
Therefore is it possible to define a material like gold, which price per ounce
can be updated as frequently as needed. The product will have a feature
denoting the metal weight, such that it calculates the cost of gold based on
the metal weigth in the product and adds to it the labor price to fianlly
arrive at the minimum sales price.
For e.g.
Standard metal rate is $50 per ounce.
Product X has 1/2 ounce of gold.
Thus the minimum product price is $50/2 * 1.30 = $32.5.
I think it is possible to do this in the standard ofbiz download, i.e. without
modifying the code, but have not been able to figure out how to do it.
Any suggestions or comments will be appreciated.
Thank you.
rohit
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