Introducing Custom Markups & Margins, a new feature set that gives you complete control over how you price your parts.
With this feature, you’re no longer limited to marking up standard cost categories; instead, you can apply markups to exactly what matters to your business—whether that’s difficult materials like titanium, labor vs. overhead, tooling vs. piece price, or any other cost factor that impacts your bottom line.
What does this mean for you?
- Full flexibility to adapt pricing strategies to different customers, industries, or job types
- Insulate your pricing from market uncertainty
- Higher margins on complex parts without overpricing simple ones
See the feature in action in the below short video.
How custom markups/margins work
Custom markups are a new kind of pricing item that operates against a custom cost category instead of an existing standard category (material, inside, outside, purchased, or total). When you add a custom cost markup or margin to your router, the cost category will be added below the table.
Custom markups/margins use new P3L inside of pricing items to reach across the entire assembly bill of materials to find and sum portions of cost, which can then have the normal markup or margin percentage applied to them. This new P3L is described in this help article.
Custom markups are also available in analytics, the default quote export, and the OpenAPI.
Getting started
Reach out to [email protected] to get access and request your account be configured, or read this help article once you have access to get started on your own.
You’ll know if you have custom markups enabled if you can select “new cost category” when creating a pricing item.