Calculate unique and detailed plant, department, line or route specific costs and meaningful blended costs for every base, work-in-process and finished SKU
Develop costing models that account for live operations (grower and feed mill), disassembly/harvest (finish to green pounds) and finished goods
Maintain multiple inventory valuations (i.e. market price, sales price, actual cost) at once
Analyze variances between actual cost and multiple standards
Capture revenue to determine product profitability by customer or product
Build fully-loaded budgets starting with the lowest level of cost detail
Manage multiple bill-of-materials and recipes simultaneously to account for regular substitutions, sub-components and different packaging options
Analyze scenarios including changing commodity or raw material prices, overhead changes, labor rates, crewing and any other variant
With ImpactECS, paper and forest products companies can:
Calculate and maintain grade specific standard and/or actual costs by paper machine
Forecast cost, consumption, loading and profitability at the paper machine, mill and enterprise level
Analyze operational variances by comparing actual results based on key usage and production statistics from shop floor systems including PI, OptiVision and Elixer
Provide end-to-end detailed SKU cost analysis including broke loss, recycled credits, rebates, transfer costs and converting costs
Forecast short-term cost and consumption based on machine schedules and long-term demand
Estimate the cost of developing new grades based on existing costing methodologies and machine statistics
Build end-to-end model of mill from wood yard to finishing and distinct operations analysis including pulp, energy, paper machines and finishing
Calculate transparent, detailed cost and profit results at all levels – corporate, division, channel, customer, product or other segment
Analyze scenarios by adjusting or ‘flexing’ any characteristics of the product or customer
Calculate costs and profits using a variety of approaches including activity-based costing, time-driven activity-based costing (TDABC), allocations, or any other methodology or hybrid approach
Assign costs based on time, consumption, labor, facilities, transportation, customer characteristics, orders, product and vendors
Include a variety of revenue and cost-of-goods-sold adjustments such as trade funding in the profit buildup
Perform comparative analysis of costs and profits at all levels of the organization
Support initiatives like SKU rationalization, cost-to-serve pricing and compliance, menu-based pricing, customer bids and negotiations and vendor negotiations
With ImpactECS, chemicals and pharmaceuticals companies 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
Calculate the actual cost to manufacture each product by manufacturing site to provide insight and drive strategies that reduce variances created by current standard costing practices
Simulate the cost of new product introductions (NPIs) by starting with the historical bill of materials, manufacturing, and delivery costs of similar products in the current portfolio
Measure the costs associated with product storage, handling, and transportation to improve negotiating power with third party logistics providers (3PLs)
Drive logistics efficiency by benchmarking activity level logistics cost across distribution centers to identify and replicate best practices
Use historical operational costs and transaction volumes and to calculate operational budgets and plans based on forecasted product demand
Measure the profitability of products based on the cost of the channel or route to market selected to ensure pricing accurately reflects the channel costs incurred
Use customer level profitability insights to drive pricing decisions and terms of sale
Measure the profit impact of incentive programs at the product level to ensure that promotional spend, slotting fees, volume rebates, consumer discounts and other incentives grow the top AND bottom-line
With ImpactECS, textile and apparel manufacturers can:
Calculate unique product costs due to SKU explosion based on style, size, color, color groups, packaging options and others
Build end-to-end integrated cost buildup from fiber, yarn, dye, creel, warping through cut, sew and finished packaged SKU
Calculate detailed product and customer profitability analysis accounting for delivery destinations, shipping modes, currencies and orders
Manage costs of internal and outsourced operations simultaneously, including multiple unique costs for a given SKU based on all possible routing combinations