Worldwide market data for product should costing and checking competitiveness

4.7 rating3

The solution is integrated in the SAP Product Lifecycle Costing and includes real worldwide up to date market data like personnel- and machine costs, raw material prices, overhead cost structures of companies and location factors for accurate product should costing and review of competitiveness.

Overview

Quick and accurate product should cost estimates

In combination with the SAP Product Lifecycle Costing module you can import the actual market data for fast and accurate product should costing. The real and up to date worldwide market data avoid the huge time and cost for own data research.

Optimize companies' cost structure

Review and optimize your own cost structure by comparing with up to date market data. Questions as "do we get good prices for our raw materials? Do we pay competitive wages and salaries? Do we have a lean cost structure in overheads?" will be answered.

Review company's competitiveness

Only by knowing where you are, makes it possible to make the right decisions. Calculate your products additionally with real and up-to-date market data and compare the calculated product price to your product price calculations to see if they are competitive or not.

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Details

Solution type

Extensions and Add-ons

Industry

Consumer Products, Automotive, Engineering, Construction, and Operations

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.

SAP S/4HANA Enterprise Management

Features

Import of real actual market data

For product should costing or cost analyses you can import real up to date market data in your calculation system like the SAP Product Lifecycle Costing module. The constantly expanding database includes more than 45 Mio. datasets and is updated every quarter.

Import of real actual market data
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Import salaries

Import real up to date salary costs out of 4,100 regions worldwide in 10 qualification levels. The data set includes the salary per hour, per month and per year, the social overheads and the total costs per qualification level. The salaries will be updated quarterly.

Import salaries
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Import wages

Import real up to date wage costs out of 4,100 regions worldwide in 10 qualification levels. The data set includes the wage per hour, per month and per year, the social overheads and the total costs per qualification level. The wages will be updated quarterly.

Import wages
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Plans and pricing

All plans include:

Named user licences

Customer reviews

Product.Pricing.Reviews.PromptForReview.ReviewsExist.MessageWrite a review
12 juli 2024Mirko T., Experienced product manager with a proven track record in sales development and good attitude in marketing management at international level., Danfoss Climate Solutions
What do you like best about the product?
Estimation of the cost for product development and production Correct price positioning vs competitors...
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7 april 2022Verified User in Mechanical or Industrial Engineering
What do you like best about the product?
Market data is very useful because it helps us to understand the feasibility of whether to invest your time, skills and money. It is also used for the product development, sales and pricing.
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10 mei 2022Verified User in Mechanical or Industrial Engineering
What do you like best about the product?
You can have the liberty to access the data and use it according to your requirements...
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Technical Information

Solution type Extensions and Add-ons
Category Product Lifecycle Management
Industry Consumer Products, Automotive, Engineering, Construction, and Operations
Works with

SAP S/4HANA Enterprise Management

Resources

costdata® LinkedIn

costdata® calculation solution

costdata® company

Publisher