Using the Price Matrix


Using the Price Matrix function of the T-Quoter is an easy way to allow you to use your own prices lists you might already have setup in your business. We will first take a look at the different sections of the Price Matrix screen and what function each section performs.



You must first select a work order type that you would like to create a price matrix for. By clicking on the work order you would like to create or modify, you will notice that the title of the matrix will also change to SCREEN PRINTING MATRIX RANGES. The active work order is always highlighted in blue. In Fig. 1 we have selected the SCREEN PRINTING work order type.


Fig. 1: The Price Matrix function of the T-Quoter allows you to use your own price list for pricing out customer jobs.


The T-Quoter allows you to manually enter the prices you would like to charge or are being charged for a particular quantity range and number of colors. However, if you do not want to manually enter in pricing you can allow the T-Quoter to do the calculations for you based off of the overhead and labor expenses you entered into the program.


Fig. 2: The Fill Prices section of the Price Matrix screen allows you to have the T-Quoter automatically fill in the prices for you based off a formula.

There are several buttons within this group that perform several different functions. These buttons and functions are:


Markup Percentage

The Markup Percentage area of the Price Matrix screen allows you to specify the amount of markup for that price range. This MARKUP PERCENTAGE will markup both the cost of the garment selected as well as the printing costs in the actual PRICE MATRIX grid.

Fig. 3: The Markup Percentages allow you to set the markups for the values in the Price Matrix.


The Matrix Ranges of the Price Matrix screen allow you to set the From and To values for the quantity ranges. You can change any of these values simply by clicking on the From or the To value you would like to change and then type in the value you would like it to be. The T-Quoter will then automatically adjust the next From or the previous To values to reflect the changes you made.

Fig. 4: The Price Matrix grid itself shows you the prices that the T-Quoter will use for the selected quantity range and number of colors.


The PRICE MATRIX is setup to allow you to enter in your price list you want for a quantity range and number of colors or you can press the OVERWRITE ALL button and have the T-Quoter fill in the cells of the Price Matrix for you using the Formula associated with that work order. The Price Matrix itself offers you a lot of flexibility in being able to price out your jobs.


How the Price Matrix Works

We will take a look at how the price matrix works using the screen shot in Fig. 4 above. We will take a sample job that is a 2 color imprint on 25 shirts.


How the T-Quoter Gets the Final Price for an Item


The T-Quoter calculates out the final cost to the customer using the following formula from the price matrix. The first item listed below is the cost of the item from the database. The price for this item is calculated by the actual database cost for the item + the amount of markup for that item from the BUSINESS PROFIT icon/ TARGETED MARKUP selection. This matrix allows you to set the markup on the garment or item based on the dollar value of the item. If you have the markup set for 100% and the item costs $2.00 then the T-Quoter will automatically adjust the price of the selected item to be $4.00. See the section on Target Profit for more information on changing these values.


   (Cost of the Selected Item from the work order Item pull down list x Markup Percentage for that Price Range)



= Final Piece Price of Item


So, the final piece price that the customer pays is a simply mathematics formula. Additional imprint locations are pulled from the matrix table and then added to the cost of a single imprinted item.