How to control price changes from punchout Vendor

[Former Member]

Hi All,

Question regarding how to be notified or if there are any standard controls to check any change in price from a punchout vendor. Basically , if any, that SRM has to avoid vendors from a punch out catalog to change prices without customer knowing?

I know this is possible when doing a copy from old PO template but not a new SC using a punchout. Is there a way to check contract or are we at the mercy of the Vendor ? Please advise

Regards

Rao.

[masa_139 · Accepted solution]

Hi,

I don't have a good solution but catalog price is already negotiated price by purchasing dep. and user still need to order the material even if the price has been changed.

Regards,

Masa

[Former Member · Accepted solution]

Thank you Masa, I had given 3 possible solutions ..I am not sure my client likes it. Lets see.

a. a contract exists for each item procured(i.e each item that is procured from Punchout site should be in a contract).

b. Develop a custom program to check the price comparison from last procurement cycle for the same item.

c. Or build a internal catalog to have control over the price changes

regards

Rao