Cost to Deliver
Supply Chain Cost Analysis
Companies often work to optimize costs in functional silos, but these discrete efforts risk driving costs down in one silo while increasing them in another – resulting in an overall negative bottom-line impact. Taking effective cost actions requires transparency across the supply chain that connects data from purchasing, procurement, transportation, logistics, sales, customer service, and other value-added services to create an end-to-end, connected view of costs.
For supply chain finance teams, ImpactECS brings together manufacturing and distribution information into a comprehensive, product-centric view of the total cost for making and moving your goods. By connecting product cost and logistics data, you can drive efficiencies and productivity improvements that consider both your individual department goals and the overall performance of your company. Leveraging end-to-end supply chain cost visibility allows you to identify initiatives that achieve individual department goals and drive overall enterprise improvements.
ImpactECS creates cost transparency across the supply chain
- Eliminate cost data silos: Integrate costs from procurement, inventory, transportation, customer service, and other value-added services for your products and services in a single cost view.
- Improve supply chain cost visibility: Calculate and maintain detailed answers for internal and external costs at each supply chain step in order to identify opportunities and inform decisions.
- Simulate supply chain cost performance: Adjust any internal or external cost value in the model to learn the P&L impact of changes across the value chain – suppliers, operations, distribution, cost-to-serve, support activities, and profit.
- Root cause analytics: Go beyond visualizing high-level cost performance and drill into the details to identify the exact drivers of cost across the supply chain.
Finance Leaders Roundtable – Product Costing for Modern Finance Teams
With 93% of organizations currently engaged in, or planning programs, to improve the quality of their cost information, it’s no surprise that finance leaders are keenly focused on the effects of product costs on their overall performance.
Check out this recorded discussion featuring forward-looking finance leaders that have made a positive impact on their organization’s performance by understanding the rules, tools, and data necessary to make informed tactical and strategic decisions.
Resources
Get Quick Insights and Best Practices
Visit the Video Library >Is Your Product Costing Process Healthy?
Get your Score >Creating a Cost-Focused Culture
Watch the Webinar >Guide to Implementing Cost Systems
Watch the 30-min Q+A >Cost Allocations: Gaining Actionable Insights
Read the Article >Ready to see ImpactECS in action?
Get a glimpse of how we help companiesunderstand their costs and profits