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Intelligent Step Pricing Optimization for Fast-Moving Parts

Recommends optimized order quantities that capture supplier step-pricing discounts.

Core Domain: Supply Chain Management

Supported Digital Worker: Inventory Replenisher (IR)

Overview

Evaluates eligible Purchase Requisition lines for fast-moving parts and identifies cost-saving opportunities using step pricing. It presents optimized quantity recommendations with the expected price improvement and savings, then updates only the explicitly approved requisition lines.

Business Challenge

Buyers often miss supplier quantity breaks that could reduce procurement costs for frequently purchased parts.

How the Digital Worker Operates

1

Detects requisitions for fast mover parts

2

Retrieves supplier pricing tiers

3

Compares current quantity against step pricing breaks

4

Calculates potential savings

5

Recommends optimized order quantity

6

Applies revisions

7

Routes for approval

Decision Logic / HITL

  • Recommendation includes:

    • current quantity vs. optimized quantity

    • current price vs. improved price

    • estimated savings

  • Buyer approves or overrides the recommendation

Business Value

  • Lower procurement costs

  • Improved supplier agreement utilization

  • Better inventory planning

  • Automated cost optimization

  • Data-driven purchasing decisions

Key Capabilities

  • Eligible PR line retrieval

  • Fast-moving part identification

  • Step-pricing tier evaluation

  • Optimized quantity recommendations

  • Price improvement calculation

  • Estimated savings calculation

  • HITL approval allowing multi-line processing

  • Approved PR quantity updates

  • Duplicate update prevention

Required IFS Cloud Components & Permission Sets

Component

API Name

PURCH

PurchaseRequisitionHandling.svc

PURCH

PurchaseRequisitionLinesHandling.svc

INVENT

InventoryPartHandling.svc

PURCH

SupplierAgreementsHandling.svc

PURCH

SupplierAgreementHandling.svc

PURCH

PartStepPricingHandling.svc

PURCH

SupplierForPurchasePartHandling.svc

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