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  • 1.  Trade Agreements - Retail Brick and Mortar

    Posted Oct 25, 2021 02:17 PM
    Good Morning,

    I wanted to run this by the group as there seems to be difference of opinions on this topic but wanted to get more feedback and some sense of best practice.

    If you have a retail business that has one retail price across all of it's locations, does it make sense to setup trade agreements to support this or to simply use item and/or price management to update retail price?  What is the benefit in this case to use a trade agreement?   Are there any gotchas in other areas if we chose not to use trade agreements in this type of situation?

    I'm curious to find out what others think or may have done.

    Rod Helmick
    RTHGlobal, Inc.
    [email protected]

  • 2.  RE: Trade Agreements - Retail Brick and Mortar

    Posted Oct 29, 2021 01:12 PM
    We use the "base sales price" on the item record for sales prices and just update that directly instead of using anything.  The advantage of using price management or trade agreements would be if you want a history of the sales price, or you want to prepare the price ahead of time (before the effective date).  (There may be other reasons as well.)

    Daniel Zook
    Director of IT
    Dalton OH

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