Make smart choices with cost scenarios in SAP Business One
In a manufacturing environment, one change - a price increase of raw materials, a new supplier or an investment in machinery - can have a significant impact on your margins. But how do you know in advance what such a change will do to your cost price?
With the cost scenarios in SAP Business One, you get quick and accurate insight into them.
What are cost scenarios?
Within the Costed Bill of Materials (BoM), you can create cost categories. With this, you not only calculate what your current production costs are, but you can also calculate alternative scenarios. Think about:
- Simulating price changes for a subsequent financial year.
- Calculating the impact of a new machine on your production process.
- Comparing costs at different suppliers or price agreements.
By comparing multiple scenarios side by side, you can immediately see where gains or savings can be made.
Always based on current data
The strength of SAP Business One is that all data is central. Your cost scenarios are based on current prices, material lists and production routes. This prevents you from making decisions on outdated figures.
Better informed choices
With insights from cost scenarios, you can manage margins and efficiency in a much more targeted way.
Do you want to invest in new equipment? Are you considering purchasing raw materials from a single supplier? You can see in advance whether it will be financially beneficial - and can also back this up with figures to your management or investors.
From simulation to reality
Have you found a scenario that really makes a difference? Then take the step from simulation to execution. SAP Business One ensures that the new cost prices and settings are seamlessly implemented in your production process.
Calculating and comparing cost scenarios requires the right setup of your ERP system and a good understanding of your production processes.
Find out what Logres can do for your company
At Logres, we help you to set up SAP Business One in such a way that you make optimal use of these possibilities. Together we look at your current working methods, set up the Costed BoM efficiently and ensure that you always have up-to-date and reliable data. This allows you to make decisions with maximum certainty.
