The average vendor price is an attribute that can be displayed in the Activity Log under the “New Price Calculated” section in the slide-in panel of the product list.
This value will appear if you have selected either to match, go higher, or go lower than the average price in Step 4: Price configuration, where you define the price strategy behavior.
The Average Vendor Price is calculated based on the prices of all vendors linked to that specific product. If a vendor filter is applied in the vendor selection, the calculation will only include data from those filtered vendors.
Example:
If you have selected a filter stock status is in-stock, the Average Vendor Price will be calculated using all vendors added to that product which have the stock status in-stock.