The term "PLU calculation" refers to the price calculation and management for products with Price Look-Up (PLU) codes in retail. PLU codes are numeric or alphanumeric identification numbers assigned to products to quickly retrieve their price and other information. PLU calculation encompasses the processes of setting, updating, and managing prices for products with PLU codes.
• Price setting: Allows assigning prices to specific PLU codes
• Mass update: Enables simultaneous price updates for multiple PLU codes
• Price history: Stores and manages previous prices for each product
• Discount management: Allows setting up and managing discounts for certain PLU codes
• Pricing rules: Defines automatic price changes based on specific criteria
• Reporting: Generates reports on price changes, margins, and sales performance per PLU code
• Integration with POS systems: Ensures current prices are available at the cash registers
• Competitive analysis: Compares prices with competitors for same or similar products
• Seasonal price adjustments for fruits and vegetables
• Quantity discounts for bulk purchases of certain products
• Automatic price increase as inventory becomes scarce
• Price differentiation between organic and conventional products
• Time-based price changes for fresh goods at the end of the day
• Customer-specific prices for regular customers or bulk buyers