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SAP Product Lifecycle Costing

Drive product profitability – with SAP Product Lifecycle Costing

Keep product costs and quotations in line with strategic targets – using SAP Product Lifecycle Costing. The software helps secure future product margins in the early stages, when the design is evolving and master data is incomplete. Gain visibility across teams, proactively manage costs, and support new product innovations as well as customer-specific engineered products.

Why SAP Product Lifecycle Costing?

Because the software offers world-class tools for early product engineering, quotation, and lifecycle costing – and can ultimately help you increase profitability. Built on the SAP HANA in-memory platform, SAP Product Lifecycle Costing delivers a real-time calculation engine, Excel-like configuration, and a modern, role-based user interface.

  • Use flexible, hierarchical product-costing structures, and natively
    integrate with SAP ERP and SAP PLM
  • Leverage an open, standards-based API to integrate with other
    applications
  • Run what-if scenarios and analytics to explore alternative product
    structures, cost rates, and quantities
  • Increase visibility across teams – from product designers and
    manufacturers to executives
  • Reduce product design and development costs, shorten the quotation
    cycle, and speed time to market
  • Safeguard your data with robust application security, locking, and
    versioning

Boosting efficiency with intelligent search and machine learning with SAP Product Lifecycle Costing: Watch the 2-minute video

Learn how SAP Product Lifecycle Costing can simplify the lives of business users and IT staff:

Functional Capabilities

Product cost calculation and simulation

  • A modern, real-time cost calculation engine powered by SAP HANA
  • Flexible handling of calculations with manual override and recalculation capabilities
  • Intuitive structuring and calculation handling
  • Target costing
  • Versioning and what-if simulation
     

Data modelling and extensibility

  • Custom attributes, fields, and formulas
  • Multiple costing sheets and component splits
  • Local master data maintenance as well as integration with enterprise and Microsoft Excel software
  • Time-dependent prices and rates 
     

Inbound integration

  • Import from SAP ERP
  • Import from Microsoft Excel
  • Import from other applications using the API

Outbound integration

  • Export to Microsoft Excel
  • Export to other applications using the API  
     

Pricing

  • Price selection strategy for components and activities
  • Support for different currencies and dimensions
  • Overhead cost calculation through any number of costing sheets

Analytics and reporting

  • Management reporting
  • Project analysis and reporting across the product lifecycle,
    costing categories, and other dimensions
  • Version comparison

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Technical Capabilities

Security and collaboration

  • Access restrictions
  • Traceability
  • Collaboration tools for users and roles

 
User experience

  • Autocompletion functionality
  • Familiar spreadsheet-style look and feel
  • Intuitive, role-based interface that can be personalised

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Need additional help? Explore SAP Digital Business Services

Licensing and purchasing options for 
SAP Product Lifecycle Costing

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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Contact your local SAP account executive for additional licensing and purchasing options

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For general licensing information, consult Licensing SAP Software: A Guide for Buyers 

See what our customers are saying...

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AGCO

Hear how AGCO, a global leader in agricultural solutions, supports the world's farmers and those they feed by consistently calculating product cost estimates with SAP Product Lifecycle Costing.

Bühler

Read how Bühler improves cost accuracy for the quotation process in engineer-to-order scenarios. It worked with SAP Consulting to deploy SAP Product Lifecycle Costing. Now, it has a single global costing tool to lower financial risk. 
 

Varian Medical Systems

See how Varian Medical Systems of Palo Alto, California, a manufacturer of medical devices and software for treating cancer and other medical conditions is using SAP Product Lifecycle Management costing tool to fully control costs of their product development. Varian is currently implementing SAP S/4HANA.
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Implementation

Ensure a successful implementation and maximise your ROI with information resources that support the different phases of SAP Product Lifecycle Costing – from planning and installation to operation.

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Plan your installation

Refer to Administrator’s Guide: SAP Product Lifecycle Costing* for important information about installation planning.

Confirm that you have a license key

To request permanent license keys, you need authorisation under myProfile*. To extend your authorisation, please contact an SAP user administrator*.

Download the software

To download the SAP Product Lifecycle Costing software installation package, click here.*

View the product road map

Refer to the SAP Product Lifecycle Costing road map to see how the technology is planned to progress over time.
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Need additional help with your implementation?
Contact SAP Digital Business Services or SAP Enterprise Support services

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Find an SAP partner to help with your implementation

Accelerate time to value with services from SAP

Ensure SAP Product Lifecycle Costing quickly and seamlessly meets your business needs – with help from SAP Digital Business Services. Our experts can help you rapidly deploy and configure the software, optimise functionality, and speed time to value.  

Complete the installation steps

Refer to Administrator’s Guide: SAP Product Lifecycle Costing* for a step-by-step overview of the installation process, including a list of required tools and associated documentation.

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Need additional help with your implementation?
Contact SAP Digital Business Services or SAP Enterprise Support services

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Find an SAP partner to help with your implementation

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Manage your SAP applications

Refer to Administrator’s Guide: SAP Product Lifecycle Costing* to learn how to manage, maintain, and run your SAP application at peak performance.

Ensure the security of SAP Product Lifecycle Costing

Download Administrator’s Guide: SAP Product Lifecycle Costing* for important information on ensuring the security of your software.

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Need additional help with your implementation?
Contact SAP Digital Business Services or SAP Enterprise Support services

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Find an SAP partner to help with your implementation

Training options for SAP Product Lifecycle Costing

The SAP Learning Hub provides instant access to more than 5,000 training titles created by SAP. It includes SAP Product Lifecycle Costing training for SAP partners and consultants.
 

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Need expert guidance with your educational needs? Learn how education consulting services from SAP can help

 

Support

Get the support you need to keep SAP Product Lifecycle Costing running at peak performance. Our experts can help you maximise the value of your software, take advantage of new business models and capabilities and more.

Troubleshoot and Maintain

SAP Support Portal: Search our knowledge base, log incidents, obtain license keys, download software, and more

SAP Product Documentation 

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Ask the Community

Search for answers, post your questions, and share your knowledge in the SAP Product Lifecycle Management (SAP PLM) community

Visit the software support and maintenance community

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Contact Support

We're here to help! Get in touch with Service and Support using one of these options:

Open a Support Incident via the SAP Support Portal

E-mail us for non-technical assistance

Call us for non-technical assistance

Complete our online form for contract-related questions

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Visit the SAP Support Portal

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SAP Digital Business Services

Expert Community

Connect with SAP experts – and get the latest news and views on SAP Product Lifecycle Costing implementations, upgrades, innovations, and best practices.

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Find out how SAP Product Lifecycle Costing supports and simplifies the financial aspects of product development in the digital age.  
 
Great news for the auto industry: SAP Product Lifecycle Costing uses in-memory tech to process cost algorithms and simulations in real time.  
 
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