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Price Indices

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EnergySteward.com allows you to add, update or delete individual price indexes within your various price publications.  Price indices can be added to any publication.  Many times, these are published (subscription based) publications where you will add/update the index when the subscription publication makes a change.

 

However,  you also can setup custom publications for creating your own price/rate tables to be used in price and other cost contract and deal formulas (externalizing rates which can change on a frequent basis).  Some reasons for having 'custom' price or rate publications and indices would be to store items such as fuel surcharge tables, cost basis points, etc.  These indices (and their daily or monthly values) can then be automatically rolled into contract and deal pricing formulas.

 

The following screen provides for adding, browsing, updating or deleting a specific price index within a price/cost publication.

 

PricingIndicesLookup

 

Add New Price Index (button) - Click this button to add a new price index. Important note:  When you add a new price index, you will be required to associate it to an existing price publication.  If this is a new publication which has not been setup in EnergySteward.com yet then you will need to set it up in the price configuration publications area.

 

View/Edit Grid Button (pencil) - Click this next to the applicable price index in order to change any of the information relevant to this index.

 

Delete Grid Button (red x) - Click this next to the applicable price index that you want to permanently delete.  When you delete a price index, then all information relevant to that price index, as stored within EnergySteward.com, will be permanently deleted (contract and deal price formula components, etc.).  You might consider inactivating the price index versus deleting. Important note: You will be presented with a confirmation ("Are you sure...?") dialog box prior to deletion.

 

 

The following lists out the various areas of information relative to a specific price index within the system.  This is the tree navigation area which you will see when you add or update a price index.  With the initial screen being set to the 'General Information' screen.

 

PricingIndicesTree

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