Secure future product margins in the early stages, when the design is evolving and master data is incomplete. With the SAP Product Lifecycle Costing solution, you can gain visibility across teams, proactively manage costs, and support new product innovations and customer-specific engineered products.
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SAP Product Lifecycle Costing
Optimize costs and maximize revenue by using a flexible user interface to create costing structures and simulations.
Improve profits by managing costs accurately in the early design phase
Key Benefits
Increase profitability
Use early product engineering, quotations, and lifecycle costing to help increase
profitability.
Optimize costs and maximize revenue
Calculate and model various cost scenarios while designs are still evolving and master data is only partially available.
Go to market quickly and cost-effectively
Achieve leaner processes and accelerate research and development by enabling collaboration and reducing expenses.
Key Capabilities
Product cost calculation and simulation
- Support modern, real-time cost calculation using SAP HANA
- Handle calculations flexibly with manual override and recalculation capabilities
- Enable versioning, what-if simulation, and target costing
Data modeling and extensibility
- Use custom attributes, fields, and formulas
- Access multiple costing sheets and component splits
- Manage local master data maintenance as well as integration with enterprise and Microsoft Excel software
Inbound and outbound integration
- Import data from SAP ERP, Microsoft Excel, and other applications using the API
- Export data to Microsoft Excel and other applications using the API
Pricing
- Use the price selection strategy for components and activities
- Support different currencies and dimensions
- Calculate overhead cost through any number of costing sheets
Analytics and reporting
- Apply management reporting
- Use project analysis and reporting across the product lifecycle, costing categories, and other dimensions
- Access version comparison
Security and collaboration
- Restrict access
- Deploy traceability
- Enable collaboration tools for users and roles
Technical Information
SAP Product Lifecycle Costing is deployed on premise, and system and software requirements vary by specific customer scenarios.
Installation and setup
Follow the setup instructions so you can start running SAP Product Lifecycle Costing quickly and confidently.
Configuration
Optimize configuration of SAP Product Lifecycle Costing with this comprehensive
configuration guide.
Product road map
Refer to the road map for SAP Product Lifecycle Costing to see how the technology is planned to progress over time.
Pricing and Packaging
SAP Product Lifecycle Costing is licensed on a per-product basis. This allows you to license and pay for only the products you are costing at any given time. Start with the licenses your organization needs right now and add more as your needs evolve. This product is deployed on premise and requires a perpetual license.
Build a business case
Improving product cost and profit margins
Learn how global agricultural equipment leader AGCO implemented a standard process to calculate cost and maintain profit margins.
Leveraging standardized costing with SAP solutions
Find out how DAIMLER optimized engine design with automated processes and more efficient product lifecycle costing calculations.
Optimizing quote processing speed and accuracy
Discover how BÜHLER is improving costs and profit margins by producing more accurate product estimates for customers more quickly.
Get Started
Jump-start your implementation and drive ROI by collaborating with industry experts, consultants, and support engineers throughout your journey.
Services
Transform your business quickly and effectively by taking advantage of our holistic service and support plans, expert consulting services, custom application development, proven best practices, and deep industry and technical knowledge.
Support
Help keep your SAP solutions running at peak performance with our IT experts and support services, including long-term plans, embedded teams, remote technology support, self-service portal, and innovation strategies.
Security and compliance
Focus on your business and customer relationships. SAP maintains data center, privacy, and product security standards.
Training
Access free online courses with openSAP
Experience a flexible, engaging, and open learning environment that is designed to help you optimize your software investment.
Questions? Get in touch!
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