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About This Automation
Supplier price change management involves reading incoming supplier notices, retyping updated costs into spreadsheets, and recalculating margin on every affected item by hand. This manual chain is slow and error prone, and delays in manager approval leave sales quoting outdated numbers for days.
The automated version extracts new prices directly from supplier notices, recalculates margin impact instantly, and routes only meaningful changes for approval. Approved prices flow straight into system records while sales and audit logs update without manual effort.
Key features:
Extracts SKU level price changes automatically from supplier notices
Recalculates landed cost and margin for every affected item
Flags margin erosion beyond acceptable thresholds for review
Routes flagged changes to a manager for fast approval
Applies approved prices directly to cost and sell records
Notifies the sales team and logs every change automatically