Product Costing | SAP Product Lifecycle Costing

Improve profits by managing costs accurately in the early design phase

SAP Product Lifecycle Costing

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
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

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Key Benefits

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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 Capabilities

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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

Security and collaboration

Restrict access
Deploy traceability
Enable collaboration tools for users and roles

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Technical Information

SAP Product Lifecycle Costing is deployed on premise, and system and software requirements vary by specific customer scenarios.

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Installation and setup

Follow the setup instructions so you can start running SAP Product Lifecycle Costing quickly and confidently.

Read the administrative guide

Configuration

Optimise configuration of SAP Product Lifecycle Costing with this comprehensive configuration guide.

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Product road map

Refer to the road map for SAP Product Lifecycle Costing to see how the technology is planned to progress over time.

View the road map

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 organisation needs right now and add more as your needs evolve. This product is deployed on premise and requires a perpetual license.

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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.

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Support

Get the support you need to 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.

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Security and Compliance

Focus on your business and customer relationships, while knowing that your data is safe and reliable. With a proactive, predictive approach, SAP helps ensure compliance and data security in the cloud and within an on-premise data centre.