Viewing Contracts In Market Master

Market Master lists all of the products under contract in one market, with contract details including the contract price, the contracted vendor, the begin and end dates of the contract and the bid sheet to which the product is attached. Products not under contract for the selected market are not listed in the Market Master.

If the "Use Multi Currency" preference is selected, prices are displayed in the market base currency. Each vendor’s base currency and bid price in that currency are displayed to the far right of the Market Master screen, along with the exchange rate. See the Currency in Bid Master section for details.

  1. Under the Purchasing menu, click Market Master.
  2. The screen is populated with contract information for the first Market in the list. To view the contract information for a different Market, make another selection from the drop-down.  {Note}Closed: The markets displayed include only those linked to the current Application User’s profile.
  3. The Date defaults to the current day. To view the contract information for a different effective date, make another selection from the drop-down.
  4. If necessary, you can filter the screen by selecting a User Defined Category, or you can click the Funnel (Filters) icon to filter the screen by one or more columns.
  5. The Group By selection defaults to 'Category'. The product listing can also be grouped by 'Vendor' or by 'Bid Sheet'.
  6. To download and print the contract details for the selected market, click the Printer (Export) icon and select the desired options.
  7. When finished, click the X (Close) icon to exit the screen.

 

ClosedScreen Columns

  • Product # – The company product number.  {Concepts Note}Closed: If a product is linked to one or more Concepts, it will only be visible in this screen if the current application user (at corporate) or location (non-corporate) is linked to one or more of the same Concepts. If a product is not linked to any Concepts, it will be visible to all users/locations.
  • Vendor Product # – The vendor's product number, from Vendor Bids.
  • Product Name – The company product name.
  • Category – The category assigned to the company product.
  • Subcategory – The subcategory assigned to the company product.
  • I Pk – The company product inventory unit.
  • Vendor – The contracted vendor, established in Bid Analysis.
  • Cnv. – The vendor's conversion (number of vendor units in 1 inventory unit), from Vendor Bids.
  • V Pk – The vendor unit/pack size, from Vendor Bids.
  • Cont Price – The price for the contracted vendor, converted to the market base currency.
  • Begin – The Begin Date for the bid sheet.
  • End – The End Date for the bid sheet.
  • Brand – The vendor's brand entry, from Vendor Bids.
  • Bid Sheet – The bid sheet that contains the bids for the product.
  • Vendor Currency – The base currency for the contracted vendor, from the vendor record.
  • Exchange Rate – The currency ratio used to convert the vendor's currency to the market currency.
  • VC Price – The price for the contracted vendor in the vendor's base currency, from Vendor Bids.

 

 

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