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Agile Product Cost Management

Early and Real-Time Product Cost Visibility

Aiming for revenue growth? Controlling product cost is critical to improve profitability. Agile Product Cost Management is the only inter-enterprise collaborative solution that combines suppliers’ specific cost and risk data with the enterprise product record. Gain a full, integrated view of the product lifecycle to proactively analyze and adjust processes to minimize cost and risk.

  • Extend the management of the product record into costing and pricing, providing early participation in the development process of procurement and cost management.

  • Suppliers can indicate through a secure and collaborative Request for Quote (RFQ) process their ability to meet your cost targets and volume requirements.

  • Interact with a single or multiple suppliers on performance, pricing, and strategic relationship.

Agile Product Cost Management
  • Streamline and simplify new product sourcing processes
  • Extend sourcing strategies across both internal and external product costing processes
  • Reduce material and non-material costs
  • Adjust operations based on an integrated picture of lifecycle cost projections
  • Negotiate and collaborate better with suppliers
  • ake better sourcing decisions with robust analytics
  • Minimize supply chain risk exposure
  • Enhance supply chain effectiveness

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