We know that many of our customers struggle with calculating future product costs. And it’s not surprising, because products that are designed and made in the digital age are becoming increasingly complex. The greater the complexity, the more challenging it is to estimate costs.
In today’s fast-evolving market, companies are facing increasing pressure to provide innovative, customer-driven products and quotations at competitive prices. A lack of visibility into early product costs hurts profitability downstream.
Are you, like many organizations, still trying to estimate product costs using Excel spreadsheets? Well, SAP Product Lifecycle Costing offers a sophisticated way of simulating your future product costs at an early stage, enabling you to optimize your mid-term financial planning and supply chain. You can use SAP Product Lifecycle Costing to calculate costs and other dimensions for new products or quotations at an early stage in the product lifecycle, to quickly identify cost drivers along the lifecycle and easily simulate and compare alternatives. In this course, we’ll cover all the essentials of SAP Product Lifecycle Costing, including use cases, all capabilities, brand new features, business processes, and best practices on implementation. You’ll learn more about how to use SAP Product Lifecycle Costing, about the different use cases, and where to use it in which stage of your business process. You’ll learn how to create calculations, use master data, and how to create your own reports and simulations. In addition, you’ll see how to easily enhance the tool and gain insights into SAP’s plans for future releases.
Access to a free system will enable you to practice what you’ve learned during the course.
Week 1: Introducing SAP Product Lifecycle Costing
Week 2: Basic Tool Functions Part I
Week 3: Basic Tool Functions Part II
Week 4: Advanced Capabilities & Extensibility
Bonus Week: Next Steps with SAP Product Lifecycle Costing