How do I use the bulk price update tool?

Here is a guide for understanding and using the Price Update tool in DigitBridge, including links to detailed instructions for specific pricing methods.

The Price Update tool in DigitBridge allows you to calculate and update product pricing in bulk using cost-based formulas, spreadsheet pastes, material value adjustments, and business-type logic. You can use it to keep pricing consistent across product lines, reflect changes in material costs, or apply strategic markups by customer type.

This overview explains how the tool works at a high level and links out to specific methods depending on your pricing workflow.

Accessing the Tool

In ERP, go to Inventory > Price Update Management to begin.

From there, you can:

• Filter and search for the products you want to update

• Choose which price field you're updating (e.g., WSP, MSRP)

• Define your price formula

• Calculate and save new prices

Pricing Methods (Choose One)

Each method below links to a step-by-step guide:

• Update Price Using Cost-Based Expressions

• Update Price from Material Value

• Paste Prices from a Spreadsheet

• Update Business Type Pricing

When to Use Each Method

• Scenario 1
  • Use Case: Adjusting pricing based on cost markup
  • Recommended Method: Cost-Based Expression
• Scenario 2
  • Use Case: Updating price due to gold/materials
  • Recommended Method: Material Value
• Scenario 3
  • Use Case: Quick manual overrides or bulk inputs
  • Recommended Method: Spreadsheet Paste
• Scenario 4
  • Use Case: Managing Distributor/Preferred pricing
  • Recommended Method: Business Type Pricing