Turning OFF the Matrix

[Richard]

I have recently decided to turn off my Matrix pricing, due to competitive reasons, and the fact that customers can access this information on the internet. I am not turning it off completely, I will keep it on so-called nusinace items, hardware, clips, ect. but for the most part I have decided to go with "book" pricing. Anyone else in this boat, and how is it working?

[RonC]

I have turned off matrix pricing by resourcing my sources. I have placed all fast-moving and competitive items in a separate source in order to do cost-average pricing and/or cost + pricing.

With Nissan, their list prices are too far out of line in profit margin consistency. These are items like filters, batteries, shock/struts, timing belts, starters/alternators, brake pads & shoes, etc.

Matrix pricing is still in effect for body parts and slower moving mechanical parts which are only available through a dealership.