Chemical and pharmaceutical companies face significant cost and profitability challenges from raw material cost fluctuations, complicated product recipes, expanding global competition, and regulatory and compliance issues. With ImpactECS, you can develop comprehensive cost and profitability systems that give you the tools to evaluate the effects of these challenges and many more.
Chemicals & Pharmaceuticals
Industry Sectors
Solutions
With ImpactECS, you can:
- Calculate detailed product costs for the same SKU by plant, time period, lot, batch, packaging type or any other variant
- Calculate line or route specific costs and meaningful blended costs based on the most appropriate driver
- Manage detailed BOMs or recipes including all variations and substitutions that could drive a different cost
- Value by-products and co-products and assign cost either by crediting market price or absorbing a percentage of cost to the primary product
- Analyze multiple cost scenarios based on changes in material, process or equipment, regulation and compliance requirements, shelf life, potency or any other variable
- Integrate tightly with ERP/finance, shop floor MES and process control systems
- Capture revenue information to determine product and customer profitability at multiple levels
About ImpactECS
ImpactECS is a dynamic modeling platform that gives you access to the accurate and detailed cost and profitability results critical to guiding your business.
Solutions for Chemicals and Pharmaceuticals Companies:
- Product Costing
- Profitability
- Variance Analysis
- Process Costing & Rate Building
- Budgeting & Forecasting
- Planning & Scenario Analysis
- Inventory Valuation
- Net Landed Cost
- Supply Chain Analysis