PRICING ENGINE

Pricing Control Without the Chaos

If you can price it, ScrapIT can automate it. Ditch the spreadsheets and lock in consistent margins with a dynamic pricing engine built for the volatility of scrap.

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Pricing Control Without the Chaos

Formulated Pricing. Zero Guesswork.

Stop manually updating thousands of prices when the market moves. Define your rules once, and let ScrapIT handle the math on every ticket.

Formula-Based Pricing

Configure unlimited formulas (e.g., Market Index × % Recovery - Processing Cost).

Live Market Indices

Link your prices directly to market feeds. When the index updates, your scale price updates instantly.

Tiered Volume Breaks

Automatically apply better rates for suppliers who hit volume milestones—no manual calculation required.

Flexibility with Guardrails.

Give your buyers the room to negotiate without giving away the farm.

On-the-Fly Overrides

Authorized users can adjust a price at the scale to close a deal, while the system logs exactly who changed it and why.

Automated Margin Protection

Set minimum margin thresholds. The system will warn or block a transaction if a price override dips below your profitability target.

Full Audit Trails

Every price change is recorded permanently. You get a complete history of every manual adjustment for review.

Flexibility with Guardrails.
Corporate Strategy. Local Execution.

Corporate Strategy. Local Execution.

Whether you have two yards or twenty, manage your pricing strategy from one central hub without stifling local operations.

Centralized Price Lists

Push out corporate-wide baseline pricing to all sites instantly.

Local Market Adjustments

Allow individual yards to apply local premiums or discounts to meet their specific regional competition.

Supplier Portal

Let trusted suppliers log in to see their current pricing and price updates automatically online.

Contract Management

Lock in fixed rates for specific contracts or timeframes. The system defaults to the contract price automatically.

Brokering Support

Handle complex multi-party commission structures and profit splits easily.

Retroactive Updates

Need to fix a price after the fact? Adjustments flow through to accounting automatically.

Protect your margins on every load.

See how automated formulas can save you hours of manual data entry every week.

Demo the Pricing Engine