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Weekly Material Price Updates

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Applies to: Enterprise

Enterprise can automatically update indexed material prices once per week.

This is controlled by the option below the material table.

Go to:

Quote & Cut → Settings → Materials

Then enable:

Automatically update indexed material prices weekly

What the weekly updater does #

When enabled, the weekly updater checks materials assigned to:

  • Carbon Steel.
  • Stainless Steel.
  • Aluminium.

It then updates their material cost using the Quote & Cut market-index feed.

Materials set to Other are skipped.

When the weekly updater starts #

When automatic updates are enabled and Enterprise Market Indexing is available, Quote & Cut schedules the weekly refresh.

The first scheduled run is set after the feature is enabled.

What gets updated #

The updater can update:

  • Material cost.
  • Last market multiplier.
  • Last market refresh time.
  • Baseline market data, where needed.

The customer-facing quote price can change after material costs are updated.

What does not get updated #

The weekly updater does not change:

  • Material name.
  • Material ID.
  • Sheet length.
  • Sheet width.
  • Density.
  • Cutting speed.
  • Pierce time.
  • Gas used.
  • Sheet stock.
  • Materials set to Other.

Last Market Refresh #

Each material can show a Last Market Refresh value.

This helps you see whether the material has been updated by the market-indexing process.

If it has never been synced, it may show:

Not yet synced

Manual price edits #

If you manually change the cost of an indexed material, Quote & Cut re-anchors future market movement from your new saved price.

This means your manual change becomes the new reference point for future weekly updates.

Disabling weekly updates #

To stop automatic material repricing:

  1. Go to Quote & Cut → Settings → Materials.
  2. Untick Automatically update indexed material prices weekly.
  3. Click Save Settings.

Existing material costs remain as they are. Future automatic updates stop.

If Market Indexing access is paused #

If Enterprise Market Indexing is not available on the connected account:

  • Automatic repricing is paused.
  • The weekly schedule is cleared or not run.
  • Market settings are preserved.
  • Material costs are not automatically updated.

Recommended process #

Before enabling weekly updates on a live site:

  1. Export or record your current material costs.
  2. Review every Market Index Type.
  3. Set materials that should not change to Other.
  4. Enable automatic weekly updates.
  5. Save settings.
  6. Review prices after the first update.
  7. Compare against your own supplier costs.

Important pricing note #

Market indexing helps keep sheet costs aligned with market movement, but it does not replace your commercial pricing review.

You should still review material prices regularly against:

  • Supplier prices.
  • Delivery costs.
  • Stockholding costs.
  • Currency changes.
  • Business margin.
  • Waste and offcut policy.

Continue to: Enterprise and WooCommerce Orders.