Scenarios

Ask “what if” and get an answer per family.

Type a price for any metal. Every product family made of it gets its projected metal cost and the price move that holds margin.

The question
“Copper is at $6.59 a pound. What if it goes to $7.25?”

A move of +10.09% from today’s price.

Price Director answered
Building wire (THHN)
Metal cost 7.83 · +10.09%
Control and tray cable
Metal cost 8.12 · +10.09%
Instrumentation cable
Metal cost 7.61 · +10.09%
Portable cord
Metal cost 7.98 · +10.09%

Each family’s rule sets its metal, multiplier and margin floor, so the answer comes back in seconds instead of waiting on a spreadsheet.

The problem

Metal is a big share of cost, and it moves every day.

  1. Price lists lag the market

    By the time someone notices copper is up 10%, weeks of orders have shipped at the old prices.

  2. The math lives in one spreadsheet

    How much metal cost each family carries, and the margin it must keep, sits in a file only one person understands.

  3. “What if” takes a day

    Sales asks what a jump in aluminum means for feeder pricing, and the answer waits for that spreadsheet to be rebuilt.

How it works

Market prices in, decisions out.

  1. Prices every day

    A daily job reads the front-month futures contract for each metal from a market-data feed and keeps the history.

  2. A rule per family

    Each product family names its metal, a multiplier for the metal cost it carries, a margin floor and an owner.

  3. Run a scenario

    Type a price for any metal and see each family’s projected metal cost and the price move that holds margin.

  4. Your team sets prices

    The owner of each rule takes the numbers to your price list. Price Director doesn’t change prices itself.

Live metals

Four metals, a year of history, one screen.

Copper, aluminum, steel and silver, each with its 24-hour and 7-day change and the futures contract it comes from, beside a year of price history, your pricing rules and the scenario simulator.

  • Real market prices: front-month futures contracts, with the contract shown on every metal.
Price Director: current prices for copper (6.5855 USD/lb), aluminum, steel and silver with 24-hour and 7-day changes and the contract each comes from, a year of copper price history, the pricing rules and the scenario simulator
Four metals with their 24-hour and 7-day change, a year of copper history, your rules and the scenario simulator.
Scenarios

An answer for every family that metal touches.

Pick a metal and type a hypothetical price. Price Director lines up every enabled rule for that metal, with the projected metal cost and the price adjustment needed to hold margin against the move.

  • Starts from today’s price, so the change is always measured against the market.
  • Only the rules that matter: a copper scenario shows the copper families, an aluminum one the aluminum families.
The copper price history, the active pricing rules, and a scenario of copper at 7.25 USD/lb (+10.09%) with the projected cost and required adjustment for four copper rules
Copper at $7.25/lb: four copper families, each needing a 10.09% price move.
Pricing rules

The pricing spreadsheet, as rules everyone can read.

One rule per product family: the metal that drives it, the multiplier that turns the metal price into the family’s metal cost, the margin floor it must keep, and who owns it. Switch a rule off without deleting it.

  • An owner on every rule, so each family has someone responsible for its price.
  • Kept per company: each account has its own rules.
The pricing rules table and the Add Rule form with name, metal, category, multiplier, margin floor, owner and enabled
Adding a rule for a new family: metal, multiplier, margin floor and owner.
What it is, and isn’t

Clear numbers, no surprises.

Real market prices

Front-month futures contracts, with the contract shown on every metal so you know what you’re looking at.

It doesn’t change your prices

Price Director tells you how far to move. Your team changes the price list.

Metal cost, not full cost

Scenarios cover the metal-driven part of cost. True margin from your ERP’s cost basis is planned but not built yet.

Who it’s for

For anyone who prices products made of metal.

Wire and cable companies

Copper and aluminum building wire, tray cable and cord, priced against the market instead of last quarter.

Pricing managers

The family-by-family math in one place, with each rule’s owner named.

Sales leaders

An answer to “what happens if copper jumps” in seconds instead of a day.

FAQ

Common questions

Where do the prices come from?

A market-data feed of exchange futures. Each day a job reads the front-month contract for copper, aluminum, steel (hot-rolled coil) and silver and adds it to the price history.

How often are prices updated?

Once a day. Each metal shows its 24-hour and 7-day change.

Does it update our price list?

No. It shows the move needed to hold margin, and your team decides and changes prices.

Does it know our real margins?

Not yet. Scenarios use the metal-driven part of cost from your rules. Using your ERP’s cost basis for true margin is planned.

Let’s talk

Put your product families on the market.

Tell us your families and how much metal each carries, and we’ll set up the rules for your first scenario.