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.
SAP Product Lifecycle Costing
Improve profits by managing costs accurately in the early design phase
Use early product engineering, quotations, and lifecycle costing to help increase
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.
See how customers are succeeding with SAP
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
- 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
- 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
Build a business case
openSAP Course: 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.
SAP Product Lifecycle Costing can be deployed in the cloud or on premise, and system and software requirements vary by specific customer scenarios.
Optimise configuration of SAP Product Lifecycle Costing with this comprehensive configuration guide.
Installation and setup
Follow the setup instructions so you can start running your SAP software quickly and confidently.
Jump-start your implementation and drive ROI by collaborating with industry experts, consultants, and support engineers throughout your journey.
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.
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, while keeping your data safe and reliable. SAP takes a proactive, predictive approach to maintaining compliance and data security in the cloud and within an on-premise data centre.