Companies often work to optimize costs in functional silos, but these discrete efforts risk driving costs down 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.
With Deloitte reporting that 93% of companies working on ways to get better cost data, you’re likely trying to identify better methods to explore and analyze cost results. Learn how companies leverage data from ERP and other systems to connect product costs and post-production costs to provide visibility into overall profit performance.
Hear examples highlighting the importance of accurately calculating and allocating costs at each post-production stage to unlock true profitability analytics, best practices for identifying drivers, building rates, and allocating overhead costs for post-production and cost-to-serve processes, and insights and advices on how finance teams can establish a robust analytics program to evaluate performance at any business dimension.