Cost and Profitability Insights

The Cost and Profitability Insights blog from 3C Software delivers expert insights on cost management, cost-to-serve analysis, product costing, and profitability improvement. Explore practical perspectives for finance leaders, cost engineers, and operations teams focused on turning complex cost data into better decisions.

Cost and Profitability Insights

Achieving End-to-End Supply Chain Cost Transparency: Unveiling Insights for Enhanced Profitability

Supply chain cost transparency is a critical aspect of business operations that enables companies to gain a comprehensive understanding of...
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Cost and Profitability Insights

Your Customer Quote Prices Can Be Back-of-the-Envelope Math or Based on Actual Costs

A new, exciting request comes in for a product you’ve never made before. How do you evaluate the cost of...
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Cost and Profitability Insights

You have an ERP system. Why do you still struggle with product profitability?

Many manufacturing ERP systems are built to handle day-to-day transactions to ensure that products are purchased, inventoried, consumed, and WIP...
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Cost and Profitability Insights

CFO Journal: Supply Unchained: From Cost Center to Value Driver

““When faced with rapid, unexpected spikes in demand, digitized, data-driven supply chains may be able to synchronize their planning, production,...
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Cost and Profitability Insights

Defining the Role of Costing for Manufacturing Leaders: How to Establish a Cost Culture

Organizational consultants Terry Deal and Allan Kennedy coined the definition of corporate culture as the way we do things around...
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Cost and Profitability Insights | Articles

The Role of Data Analytics

“The broad reach and wide applicability of data analytics across industries and professions have been known for decades, but the...
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Cost and Profitability Insights

Transform the Quoting Process for Engineer-to-Order Manufacturing with Cost-Based Quoting

by Matthew Smith For engineer-to-order businesses that manufacture products designed by their customers, the traditional CPQ process does not work....
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Cost and Profitability Insights

Raw Material Annual Spending – Is it Relevant for Your Budget?

When calculating the total spend on raw materials in your annual budget, do you evaluate the spending level for varying...
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Cost and Profitability Insights

Cost Allocations: Gaining Actionable Insights With Detailed Calculations

Organizations face growing pressure to control costs and enable effective financial management of their resources to deliver value. Business leaders...
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