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📦 Supplier UPC Codes in Ply: What They Are & Do They Affect Pricing?

Supplier UPC codes can be a bit confusing, so let's break it down! This guide will explain what they are, how they work, and how pricing updates in Ply.

 

What Are Supplier UPC Codes?

Think of Supplier UPC Codes as internal product IDs that are specific to each supplier. Here's how they work:

 

✅ When a supplier is assigned a UPC code, it acts as a lookup key in their system.

✅ Your business can name the item however you want—the supplier only cares about the UPC.

✅ When you send an RFQ (Request for Quote), the UPC helps the supplier find the exact material in their database.

Example:

  • You buy a part from Supplier A 🏭 for $10 with UPC 123456.
  • Later, you buy the same part from Supplier B 🏢 for $12.50 with UPC 789101.
  • Each supplier has their own UPC, but for you, it's the same item.

How Does Pricing Update in Ply?

Pricing updates are not based on UPC codes, instead, it follows this simple rule:

 

The last accepted quote price becomes the new Cost to Business.

 

Here's how it works:

1️⃣ You receive a quote from a supplier in an RFQ.

2️⃣ If you accept the quote, the new price updates in Ply.

3️⃣ This price replaces the previous purchase price in your Purchase History.

📌 Important:

  • We do NOT use FIFO (First In, First Out) or LIFO (Last In, First Out) pricing models.
  • We do NOT average costs.
  • Ply simply takes the last purchase price as the new cost.

🔄 Recap: UPC Codes vs. Pricing Updates

Supplier UPC Codes
Pricing Updates
Purpose
Supplier’s internal item ID
Tracks last purchase price
Affects Cost?
❌ No impact on pricing
✅ Updates Cost to Business
How it Works
Sent to supplier for item lookup
Last accepted quote becomes the new cost

🛠️ Need Help?

Still have questions? 🤔 Our team is happy to help! Reach out to support, and we’ll make sure you’re on track.

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