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Published byIris Cameron Modified over 6 years ago
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Handling complex pricing and payments in a competitive market
Michele Dugger Team Lead
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How to use the features available in WolfePak to handle complex:
Purpose How to use the features available in WolfePak to handle complex: Marketing elements Pricing elements Payments to operators
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Pricing Types Price Contracts can be priced based on:
Daily - uses the daily price of price index Monthly – uses the monthly average of the price index End of Month or Lock in Price – ability to set the price as of a certain date or use last available price for the month being priced
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Price Index
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Price Type - EOM-Lock In
Lock In Prices can: -Apply to all properties or limited to certain properties -Be limited to a certain # of loads or all loads
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Quickly Add Price Adjustments by:
Contract Property
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How to handle pricing for:
Purchase Fees Pay or Penalize for Gravity, BS&W, or Sulfur Volume Adjustments
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Purchase Fees: Penalties: Pricing Gravity Reject Loads BS&W
Split loads Minimum BBL Penalties: Gravity BS&W Sulfur Volume Adjustments
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Start Using Purchase Fees
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Purchase Fees Refused Loads- Flat amount Split Loads -2 Options:
Flat amount on the 1st Load Or- Flat amount per load after the 1st load Minimum BBL : Net Charge Or- Gross Charge
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Operator Run Statement
Gross Value will be reduced by the Purchase Fee.
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Scales Can Reward or Penalize for Gravity, BS&W, and Sulfur
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Gravity and BS&W - Ticket or Contract Average
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Operator Run Statement
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Volume Adjustments
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Quick Pay Set-Up
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Quick Pay Operators
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Revenue Statements
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Early Pay Early Pay Groups are an alternative to the standard once a month payment. Pay on a specific date of the month or Pay on a specific day of the week Pay all tickets or specific tickets Pay Groups are associated to the Price Contract
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Early Pay Group
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Extract Early Pay Group
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Post Entries
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Questions?
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