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Vendor / Barcode-based Pricing

Assign Prices Based on Vendor Source or Barcode to Ensure Accurate Costing and Margin Control

In businesses where the same product is sourced from multiple vendors—or where barcode-based identification is key—maintaining pricing clarity is crucial. PrismERP’s Vendor / Barcode-based Pricing feature enables you to configure product prices dynamically based on the vendor supplying the product or the barcode used to identify it. This ensures consistent cost tracking, accurate margin calculation, and precise financial reporting.

🧾 What Is It?​

This feature allows businesses to assign product pricing based on:

  • The vendor who supplies the product, or
  • The barcode attached to a specific item/unit.

It is especially useful for wholesale, distribution, or multi-vendor environments where procurement costs vary depending on the source or SKU variation.

📌 Example:

  • Vendor A supplies a T-shirt at BDT 180
  • Vendor B supplies the same T-shirt at BDT 200
  • The sales price can be adjusted accordingly for each purchase
  • Alternatively, different barcodes can represent different pricing batches

⚙️ Key Features​

✅ Vendor-based Price Configuration Assign unique purchase or selling prices per vendor for the same product.

✅ Barcode-wise Pricing Setup Link product pricing with unique barcodes to distinguish variants or supplier batches.

✅ Automated Pricing in Transactions System fetches the appropriate price based on vendor or scanned barcode during purchase or sales entry.

✅ Cost and Margin Visibility Track product profitability more accurately by linking cost data to vendor/barcode.

✅ Integrated with Procurement Workflows Auto-update vendor-specific prices during procurement or GRN processing.

✅ Support for Dynamic Updates Bulk update or import pricing records based on vendor lists or barcode mappings.

🔗 Integrated With​

  • Procurement & GRN
  • Inventory Management
  • Sales & POS
  • Product Master & Barcode Setup
  • Vendor Management
  • Financial Costing & Profitability Reports

🚀 Achieve Pricing Precision at Every Level PrismERP’s Vendor / Barcode-based Pricing empowers your business with detailed cost control and automated pricing logic—ensuring operational efficiency and financial accuracy.