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Inventory Items Mark-Up based on Preferences or Inventory or a Combination?

In ‘inventory’ we have entered plywood details that we use in construction of our cases, for example 1 sheet 11mm cost = £ 5.82 with a mark-up of 25% = £ 6.78 per sheet

 

In ‘preferences’ we are showing a material mark-up percentage when used in a design as 20%

 

Our question is – when we are using materials in a design would the £ 6.78 per increased by a further 20% ?


Best Answer

No - the markup listed in the item in Inventory over-rides the material category that's listed in Preferences. They do not build on each other.

Costs are based on the actual amount required plus the waste factor for that item, then the markup is applied. You can see the results inDesign>Details>Materials tab to confirm the pricing for each material is accurate. This helps determine if any materials are messing up your totals so you can correct it. We're working on simplifying the item screens in Inventory but the markup for the item is shown at the bottom of the screen "Pricing When Applied to Designs" values.


Keep in mind that there are different methods to cutting materials which can generate different waste results. The waste factor for each item is an average provided from the many companies who participated in beta but it should not be considered to be accurate for your shop.



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Answer

No - the markup listed in the item in Inventory over-rides the material category that's listed in Preferences. They do not build on each other.

Costs are based on the actual amount required plus the waste factor for that item, then the markup is applied. You can see the results inDesign>Details>Materials tab to confirm the pricing for each material is accurate. This helps determine if any materials are messing up your totals so you can correct it. We're working on simplifying the item screens in Inventory but the markup for the item is shown at the bottom of the screen "Pricing When Applied to Designs" values.


Keep in mind that there are different methods to cutting materials which can generate different waste results. The waste factor for each item is an average provided from the many companies who participated in beta but it should not be considered to be accurate for your shop.



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