technical-name
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SAP Product Lifecycle Costing
Calculate costs and safeguard your future profit margins for new products or quotations early in the product lifecycle.
Improve profits by managing costs accurately in the early design phase
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.
On-premise deployment or cloud deployment
Flexible user interface to create costing structures and simulations
Open integration with ERP solutions from SAP or any other costing data source
Extensibility framework to adjust to customer needs
Precise cost prediction with machine learning
Key benefits
Increase profitability
Use early product engineering, quotations, and lifecycle costing to help increase profitability.
Optimise costs and maximise 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 features
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 modelling 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
Advanced technology
Expand your visibility by leveraging all existing cost-relevant information
Identify cost drivers quickly by using a real-time calculation engine powered by SAP HANA
Optimise product costs along multiple dimensions by embedding what-if analysis
Pricing
Resources
SAP Learning: Freedom to Calculate with SAP Product Lifecycle Costing
Join this free online course to learn the essentials of SAP Product Lifecycle Costing including use cases, all capabilities, brand new features, business processes, and best practices on implementation. SAP Product Lifecycle Costing allows you to simulate your future product costs at an early stage, enabling you to optimise your mid-term financial planning and supply chain.
Technical and security resources
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