Product Lifecycle Costing

Product Lifecycle Costing is the systematic analysis and management of all costs incurred throughout a product's lifecycle, from design and development to production and shipment. It enables businesses to optimize costs at every stage, identify cost-saving opportunities, simplifying decision-making for pricing, budgeting, and resource allocation, and ensure that profitability targets for the product portfolio are met effectively

Features

Single or Multiset product garment’s FG color/size ratio combination wise cost sheet generation & comparison.

Assures that profitability targets against the margin for a product portfolio are achievable.

Auto create CM comparison against the operational CPM to Improve sales prospects.

Improves the profitability of product variants with a comparison compared to previous similar products.

Controlling the cost and effort of managing a profitable product lifecycle.

Reduces reliance on costly product revisions to meet customer needs and wants.

Auto-generate the order budget plan according to the FG color/size wise target costing allocation.

Purchasing Plan vs. Order Budget Plan Auto-validation to ensure the margin with the FX Sourcing Module.