I've been analyzing the profit margin on the parts I buy, and have come to the conclusion that the "List Price" I get from the parts distributor isn't actually useful for anything. Sometimes it leaves me a good profit margin, sometimes it doesn't cover the cost of going into town to pick the part up.
Also, it's way too low on small parts. If I've going to drive around with a $0.50 part in inventory, "just in case I need it", I certainly want to make more than $0.20 when I sell it, since that doesn't even cover the cost of the space in my vehicle.
So I've been looking into creating my own "list price" on a curve that would give a higher margin percentage on the very inexpensive parts, and reduce the percentage as the part gets more expensive, so the larger parts (compressors, etc.) still have about the same list price as the they would normally have.
Have any of you tried creating your own "list price" and ignore the MSRP? Was there any push-back from the customers? This would make the small parts more expensive than the manufacturer "suggests", but I'm not sure if this would be a real issue or just in my head.