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
Optimise costs and maximise 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.
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
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
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
Optimise 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.
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 standardised costing with SAP solutions
Find out how DAIMLER optimised engine design with automated processes and more efficient product lifecycle costing calculations.
Optimising 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
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Training
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