METHOD AND SYSTEM FOR CALCULATING A DOWNSTREAM PRICE
In some aspects, a computer-implemented method for calculating a downstream price by applying two or more layers of markup to an upstream price, the two or more layers of markup being configured by separate entities in a supply chain, is provided. The method may comprise storing, in a central database, configuration data for the two or more layers of markup; in response to an inquiry for the downstream price: retrieving, by at least one processor, the configuration data for the two or more layers of markup from the central database; and calculating, by the at least one processor, the downstream price based on the upstream price and the retrieved configuration data for the two or more layers of markup, wherein the at least one processor executes a calculation algorithm for the two or more layers of markup.