Why Use Volume-Based Pricing for Purchasing?
Reflects Real Supplier Costs: Matches your supplier's pricing model exactly.
Reduces Manual Work: No need to amend pricing for bulk buying on every Purchase Order.
Improves Cost Accuracy: Helps keep margins consistent and reporting precise.
When to Use This
Use Volume-Based Pricing when:
Your supplier offers discounts for bulk purchases.
You want OnRent to automatically apply the correct cost based on order quantity.
Step-by-Step Guide
1. Open the Product Record
Go to the Products section in OnRent.
Find and open the product you purchase from a supplier.
2. Go to Supplier Rates
Click Add Price to begin setting up supplier pricing.
3. Select Volume-Based Net Pricing
At the bottom of the page, you will see Volume-Based Pricing.
This option allows you to define different prices based on the quantity ordered.
4. Enter Quantity Ranges and Prices
Add your pricing tiers based on quantity ranges.
For example:
1–10 units = $10.00 each
11–50 units = $9.50 each
51+ units = $9.00 each
You can add as many brackets as needed to match your supplier’s pricing.
5. Save the Price Record
Once all tiers are entered, click Save.
6. OnRent Applies Pricing Automatically
When you add this product to a Purchase Order, OnRent will check the quantity and automatically apply the correct price from your volume-based pricing structure.
If you'd like to find out more about Purchase Orders, click here.